Welcome to red-oak, a trusted financial partner proudly serving the community since 1955. Our mission is to empower our members through exceptional financial services, ensuring accessibility and support for all, including military members and their families. Under the leadership of CEO Shep Lowery and Board President Michael Wilson, we are committed to fostering a member-first approach that prioritizes your financial well-being.

Located in the heart of Tuscaloosa, AL, our credit union is federally insured by the NCUA since 6/2/1977 0:00, providing you with peace of mind as you navigate your financial journey. We offer modern banking tools such as online banking, a mobile application for convenient access, person-to-person transfers, e-statements, and more—ensuring that managing your finances is easier than ever. At red-oak, we believe in building lasting relationships based on trust and service, making us your ideal choice for all your banking needs. For more information, visit our website at https://www.redoakcu.com/ or reach us directly via fax at (205) 758-5574.

At Red Oak Credit Union, we understand that managing finances can be a complex journey, which is why we offer a comprehensive suite of services designed to meet the diverse needs of our members. From personal banking solutions such as checking and savings accounts to specialized services like auto loans, mortgage financing, and credit cards with rewards, we are dedicated to providing accessible financial tools that help you navigate everyday banking challenges and plan for significant life milestones. Our commitment to our members extends beyond traditional banking; we also offer business banking solutions, including merchant services and business loans, ensuring that small businesses in our community have the support they need to thrive.

In today's digital age, convenience is key, and Red Oak Credit Union delivers just that with robust online banking options and a user-friendly mobile application. Members can easily manage their accounts, make person-to-person transfers, and access e-statements from anywhere at any time. While mobile payments are currently not available, our online platform allows for seamless account management and transaction oversight. If you're considering joining our family or exploring your loan options, eligibility details can be found at , and for those interested in comparing loan rates or finding the best fit for their needs, visit https://www.lendmesh.com/loans/mortgage_loans . For personalized assistance or inquiries, feel free to reach out via fax at (205) 758-5574. At Red Oak Credit Union, we're here to support you every step of the way on your financial journey.

Red Oak Credit Union stands as a trusted financial partner for its members, showcasing a remarkable commitment to community and service excellence since its inception in 1955. With a robust total membership of 4,373, Red Oak has cultivated a loyal base that reflects the credit union's dedication to meeting the financial needs of its members. The institution's total assets amount to an impressive 44,409,830, underscoring its stability and capacity to support various financial products.

Financial strength is evident in Red Oak's net worth of 3,479,138, which provides reassurance to members regarding the safety of their deposits. Despite recent challenges reflected in a net income of -312,936, the credit union remains steadfast in its mission, with total deposits reaching 129,686. This solid foundation allows for an extensive offering of loans and leases, totaling 5,569, which can cater to a diverse range of financial requirements.

The institution prides itself on its transparency and member-focused approach, evidenced by a commendable net worth ratio of 783. This metric reflects the credit union’s sound management practices and reinforces its ability to serve members effectively. Additionally, with a significant credit card loan volume of 2,548 and auto loan volume reaching 4,344, Red Oak demonstrates a comprehensive understanding of consumer needs in today's market.

Red Oak Credit Union is not just about numbers; it's about people. With a dedicated team comprising 13 employees, every member receives personalized attention and service tailored to their unique situations. Although commercial loans are currently at zero, this opens opportunities for future growth as Red Oak continues to explore avenues for expanding its services.

As you consider your financial options, remember that performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov . For those ready to take the next step towards better financial solutions, compare real-time loan offers today at https://www.lendmesh.com/loans/mortgage_loans and find the best rates for your needs.