Redwood Credit Union Ranked Among Best Performing Financial Institutions In U.S.

NORTH BAY, CA -- Redwood Credit Union has recently been ranked a top performer in the country by multiple sources, including top five healthiest credit unions by Glatt Consulting, the sixth best performing credit union in the nation by S&P Global Market Intelligence, and one of the top business lenders in volume by BauerFinancial, Inc.

Glatt Consulting, an independent firm that studies the financial health of credit unions, has ranked Redwood Credit Union among the top five healthiest credit unions -- out of nearly 6,000 -- across the U.S. Glatt uses 17 performance metrics to calculate its Credit Union HealthScore, including financial and operational strength and growth, asset quality, asset/liability management, and productivity. RCU is the only credit union to have been ranked in the top five in each of the last three years.

S&P Global Market Intelligence ranked Redwood Credit Union sixth best performing credit union in the nation based on 2016 metrics. The ranking was based on member growth, market growth, operating expenses, net charge-offs, and delinquent loans as a percentage of total loans.

BauerFinancial, Inc., an independent organization who reports and analyzes the performance of U.S. credit unions and banks, rated Redwood Credit Union a five-star institution for financial strength — its highest designation. BauerFinancial also recognized the credit union’s business loan growth to be exceptionally strong and ranked among the most prolific in the nation.

Image via Redwood Credit Union