Hosting Redstone's
Annual Members
Meeting each
February is one of
the things that I
most look forward to
as president and CEO
of Redstone Federal
Credit Union.
I enjoy greeting our members, shaking their
hands, and answering any questions they
have. Some members I see year after year,
and I get to meet their grandchildren, hear
about their retirements, or about how one of
our employees did something to make them
feel extra special. It's always a great evening.
However, out of an abundance of caution,
this year our Annual Meeting was held
virtually. It's another example of how the
pandemic has affected our lives.
During the meeting, I shared how Redstone
not only survived 2020, but thrived! I hope
you were able to watch.
We added new members, introduced new
products and services, and grew our assets. It
took us 51 years to hit $1 billion in assets; in
2020 alone, we grew by $1 billion to a total of
$6 billion in assets.
at strength allowed us to continue our
commitment of giving back to our members,
who received over $16 million through
product use and special programs.
As a cooperative, our success translates into
great rates, fewer fees, and more product
offerings for you – our member-owners.
As Howard Schultz, former Starbucks®
chairman and CEO, once said, "Success is
best when it's shared.''
p. 8
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Seller's Market
p. 12
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Pedal Power
p. 15
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Member's Moment – Janz Salon & Spa
Send your comment s, suggestions
or questions to:
ASPIRE@REDFCU.ORG
facebook.com/RedstoneFCU
twitter.com/RedstoneFCU
Editor:
Patricia Dedrick Lloyd
TABLE OF CONTENTS
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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. RFCU
©
and its affiliates are committed to fair, equitable, and nondiscriminatory practices.
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12
from the CEO: Joseph H. Newberry