Sep, 30, 2025 — REDWOOD CREDIT UNION is a federally insured state chartered credit union headquartered in SANTA ROSA, CA with 22 branch locations and about $9.68 billion in total assets. Opened 76 years ago in 1950, REDWOOD CREDIT UNION has about 404,512 members and employs 994 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | REDWOOD CREDIT UNION |
|---|---|
| Address: (Main Office) | 3033 Cleveland Ave SANTA ROSA, CA 95403-2126 |
| Phone: | (800) 479-7928 |
| Fax: | (707) 568-3972 |
| Website: | https://www.redwoodcu.org |
| Branches: | 22 branch locations |
| Members: | 404,512 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 60793 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1950 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $9,678,890,746 |
| CEO/Manager: | Brett Martinez |
| Chairperson: | Lisa Wittke Schaffner |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 1,440,556,155 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 21,553,589 |
| Real Estate Loans | 4,508,957,925 |
| Unsecured Loans | 782,630,873 |
| Other Loans | 2,309,498,124 |
| TOTAL LOANS | 7,601,166,556 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -115,362,012 |
| Land And Building | 111,808,638 |
| Other Fixed Assets | 19,556,344 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 70,265,413 |
| All Other Assets | 0 |
| TOTAL ASSETS | 9,678,890,746 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 209,237 |
| Notes & Interest Payable | 0 |
| Accounts Payable & Other Liabilities | 86,326,616 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 1,828,021,161 |
| Regular shares | 1,481,688,728 |
| All Other Shares & Deposits | 5,066,088,622 |
| TOTAL SHARES & DEPOSITS | 8,375,798,510 |
| TOTAL LIABILITIES | 8,463,483,133 |
| Regular Reserve | 0 |
| Other Reserves | -535,042 |
| Undivided Earnings | 1,215,942,655 |
| TOTAL EQUITY | 1,215,407,613 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 9,678,890,746 |
| INCOME & EXPENSE | |
| Loan Income | 317,426,401 |
| Investment Income | 53,533,299 |
| Other Income | 17,696,422 |
| Total Employee Compensation & Benefits | 92,044,207 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 79,767,713 |
| Non-operating Income & (Expense) | 188,305 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 49,216,602 |
| Cost of Funds | 120,373,685 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 103,969,508 |
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