Redstone Federal Credit Union

Winter 2019 Newsletter

Issue link: https://www.e-digitaleditions.com/i/1061963

Contents of this Issue

Navigation

Page 1 of 15

As we say goodbye to 2018 and welcome in a new year, it's customary to take time to reflect on past accomplishments. I could highlight our explosive membership growth or the national and international awards we received. I could list the various products and services we introduced last year that give our members added value and increased benefits for their membership. I'm always happy to talk about our wonderful community partnerships and sponsorships, such as the partnership with e Catalyst Center for Business & Entrepreneurship and Neighborhood Concepts to offer business microloans in amounts from $5,000 to $25,000. ese, and many more accomplishments, helped Redstone have a successful 2018. However, giving back to our members is what makes us stand out from other financial institutions. In 2017, Redstone gave $33.7 million back to our members in the form of dividends, reduced HELOC fees, reduced mortgage fees, and other promos and giveaways. By the end of October 2018, we had already given back 52.59 percent of our budgeted net income. Once we have reviewed all of our 2018 givebacks, we believe those numbers will be much higher than last year. Additionally, our employees broke their previous years' record for United Way giving – contributing more than $225,000. (Continued on page 15) p.4 | Building for the Future p.8 | Communit y Partner Spotlight p.11 | Post-Holiday To-Do List p.13 | No-Wait Debit Card Send your comment s, suggestions or questions to: ASPIRE@REDFCU.ORG facebook.com/RedstoneFCU twitter.com/RedstoneFCU Editor: Patricia Dedrick Lloyd TABLE OF CONTENTS 8 2 | r e d f c u.o r g Must be eligible for membership and open a share savings account to obtain any product or service. A minimum balance of $5.00 is required to open share savings account and must be maintained in share savings account at all times. Fees and other restrictions may apply. from the CEO: Joseph H. Newberry 13

Articles in this issue

Links on this page

Archives of this issue

view archives of Redstone Federal Credit Union - Winter 2019 Newsletter