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Redstone Federal Credit Union (or RFCU) is an American credit union based in Huntsville, Alabama. As of 2023 [update] , Redstone Federal Credit Union is Alabama's largest credit union and is federally chartered and regulated and insured through the National Credit Union Administration (NCUA).
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This is a partial list of credit unions in the United States.. A credit union is a member-owned financial cooperative, democratically controlled by its members, and operated for the purpose of promoting thrift, providing credit at competitive rates, and providing other financial services to its members. [1]
Banks. Credit unions. Who they serve. Mostly customers in an area where the bank has a branch, unless it’s an online-only bank. It could be a certain region, employer or common group.
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The Federal Deposit Insurance Corporation federally insures most traditional banks in case of failure. But credit unions are not considered traditional banks. Is a credit union FDIC insured?
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