Redwood Credit Union is celebrating 75 years

SAN FRANCISCO (KGO) — Redwood Credit Union has much to celebrate this year. It has been serving customers and communities for 75 years. Brett Martinez, President & CEO of Redwood Credit Union and Mishel Kaufman, Executive VP/Chief Operating & Risk Office at Redwood Credit Union, talked to ABC7’s Spencer Christian about the history and impact.

What started in 1950 with seven people pooling their money to lend to each other from pay period to pay period, is now a $9.5 billion financial institution serving over 500,000 members in San Francisco and the North Bay.

“The simple idea of lending money to each other created more companies, and we added more communities. In today’s environment, we have members all around the world because we have world-class technology and online banking apps that allow our members to maintain their accounts.”

At Redwood Credit Union, the purpose and mission starts with service — passionately serving the best interests of member, team members and communities inspires hope. This elevates the financial well-being of communities, one person at a time.

“There is the personal touch, that’s all about people. We’re people helping people and that’s the Credit Union philosophy. We have great technology which allows people to access their accounts and do their business easily wherever they are. We also need that human touch to continue to build relationships, create connections, and be that trusted advisor.”

“The secret to Redwood Credit Union’s success is our people. We spend a lot of time, money, and energy making sure we find people that are focused on the purpose that we have as an organization. We’re trying to be different on purpose. It is a very purposeful thing.”

For more information, visit their website