#363 of 500 · Member & Benefit Funds

Credit Unions In The State Of California

EIN 94-1244186 · CA · NTEE n/a · Form 990, fiscal 2023

Redwood Credit Union, a member-owned, not-for-profit financial cooperative headquartered in Santa Rosa, California. Founded in 1950, it serves members across California's North Bay and San Francisco Bay Area, offering consumer and business banking, loans, mortgages, and savings, and is known for community giving. It is a state-chartered credit union governed by a member-elected board.

Financials, fiscal 2023

Revenue

$423.0M

Expenses

$297.3M

Total assets

$8.51B

Net assets

$984.4M

Operating margin

29.7%

1-year growth

38.9%

5-year growth (CAGR)

15.6%

Reserve (years of spending)

39.7

Contributions share

n/a

Programme spending

82.3%

Fundraising cost

n/a

Executive pay share

4.96%

Employees

1,014

Revenue per employee

$417K

Grants paid

n/a

Years filing

62

NFP Health Score: 72 / 100

Financial 68 · Governance 65 · Operational 90. The score is built from Form 990 line items only. It cannot measure how well an organisation delivers its mission.

Mission

To passionately serve the best interests of our Members, team members, and communities.

Revenue history