Business Details
50+ Years
experience
Your Trusted Community Credit Union in Red Wing, MN
Red Wing Credit Union has served member-owners in Red Wing, Minnesota since 1954, rooted in a cooperative tradition established by Red Wing Shoe Company employees. As a community-owned, not-for-profit financial institution, we prioritize people over profit, offering competitive rates and personalized services tailored to local needs. Our commitment to financial success extends through diverse checking and savings accounts, low-rate loans, and VISA credit cards with no hidden fees.Backed by NCUA federal insurance, we provide secure digital banking, mobile deposits, and 24/7 card control tools. With physical locations offering notary services and safe deposit boxes, our experienced team delivers trusted guidance for personal and business financial goals. Through decades of service, we've expanded membership eligibility to all Goodhue County residents while maintaining the community-focused values that define our legacy.
Services
Checking Accounts
Savings Accounts
Home Loans
Vehicle Loans
Credit Cards
Mobile Banking
Zelle Transfers
Safe Deposit Boxes
Notary Service
Loan Insurance
Details
- Year established: 1954
Highlights and features
- Community-owned with no hidden fees since 1954
- 24/7 mobile banking with instant card control features
- Free notary services and secure safe deposit boxes
- NCUA-insured deposits up to $250,000 per account
- Local loan decision-making with personalized service
Associations and certifications
- NCUA
What people say
Exceptional customer service
Competitive interest rates
Community-focused approach
User-friendly mobile app
No hidden fees
Services
Checking Accounts
Red Wing Credit Union offers multiple checking account options including Classic, Choice, Premier, and Golden Checking. These accounts feature no per-check charges, overdraft protection, and digital banking tools. Members receive free notary services, ACH payments, and mobile check deposit capabilities. Account holders enjoy exclusive benefits like a 0.25% loan discount and instant-issuance VISA debit cards with fraud monitoring.
Home Loans
We provide comprehensive home financing solutions including fixed-rate mortgages, home equity loans, HELOCs, and home improvement loans. Our programs allow up to 90% loan-to-value ratios with terms up to 20 years. Special offerings include Free & Clear Home Loans for accelerated mortgage payoff and tax-deductible financing options. Local loan officers assist with personalized mortgage strategies and refinancing opportunities.
Vehicle Loans
Our vehicle loan program covers new/used cars, trucks, boats, RVs, and motorcycles with competitive rates. We offer NADA Guidebook pricing, warranty plans, and Route 66 Extended Warranty options. Pre-qualification services and flexible terms help members secure financing for their next vehicle purchase while maintaining ownership equity.
Savings Accounts
From basic share accounts to high-yield money market options, our savings solutions cater to diverse financial goals. Specialized accounts include Christmas Clubs, Vacation Clubs, and IRAs with penalty-free withdrawal options for education or first-time home purchases. Certificate stacking strategies help maximize returns while maintaining liquidity.
Digital Banking
Our digital platform enables 24/7 account management through mobile apps and online banking. Features include mobile check deposit, Zelle transfers, card control tools, and real-time transaction alerts. The EMV chip-enabled VISA cards integrate with Apple Pay and Google Pay for secure contactless payments while maintaining full account oversight through customizable spending controls.
Questions
What makes Red Wing Credit Union different from traditional banks?
As a member-owned cooperative, we return profits to members through better rates and lower fees. Our local decision-making ensures personalized service while maintaining NCUA federal insurance for all deposits.
Can anyone join Red Wing Credit Union?
Membership is open to individuals living, working, or conducting business in Goodhue County, Minnesota, along with family members of existing members.
What loan options are available for first-time homebuyers?
We offer conventional mortgages, home equity loans, and specialized programs with up to 90% loan-to-value ratios. Our Free & Clear Home Loan Program helps accelerate mortgage payoff with minimal closing costs.
How do I report a lost or stolen debit/credit card?
Use the Card Secure feature in our mobile app to freeze/unfreeze cards instantly. For replacement cards, call 1-800-472-3272 (debit) or 1-855-632-9005 (credit) during business hours.
What digital banking features are available?
Our mobile app provides check deposit, Zelle transfers, card control tools, real-time alerts, and mobile bill payment. EMV chip technology and tokenization ensure secure transactions across all digital platforms.
Are there fees for using ATMs outside your network?
Withdrawals at Red Wing Credit Union's drive-up ATM are free. Off-site ATM transactions incur a $1 surcharge plus any fees charged by the originating bank.
Reviews (4)
Damon Hocking
Nov 17, 2021
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I bank here and all the employee are friendly and helpful they do their best to answer and solve anything or question you might have.
Goamerica
Jan 04, 2021
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In Life we look for good people at a dealership you may think it could be hard . I am a dealer for 20 years and know of a great person at your dealership . "Thank You Tyler for exceptional help"
Barb S.
Jan 25, 2018
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This credit union rocks. They have always taken very good care of us. Got a cabin loan and it was the easiest buy ever with all Traci's help. They call and warned us of suspicious activity on our accounts on a few occasions and always have a watchful eye for fraud. They have helped with on line banking issues numerous times, and always are helpful and pleasant. We met with Traci about a car loan and Traci's gave us great advice. We are very pleased with how well we are treated.
Edward Freeman
Oct 09, 2017
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This was awesome fast and friendly Lena is and everyone there very knowledgeable place is full of smiles