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Bank Local

The Bank Local page is Sonoma County's resource on community banking. Learn why banking locally is so important, get to know your local financial institutions, and find the resources you need make the shift to a community bank or credit union. Lower fees, better service and a stronger local economy for Sonoma County. Make the Bank Local shift today!

3,000 High School Students to Learn “Adulting” from RCU
Many financial institutions will be closed for the federal holiday on October 14, but Redwood Credit Union (RCU) will be closed for a different reason: to send all 700 of its employees out to teach practical financial skills to more than 3,000 high school students across three North Bay counties.
Author Michele Kimble Date 10/08/2019
RCU Helps Protect Over 3,600 People by Securely Shredding Documents
Over 3,600 residents in Marin, Napa, Sonoma and Mendocino counties took action to protect themselves from fraud and identity theft by shredding old financial records and other paperwork at Redwood Credit Union’s (RCU’s) free annual Shred-a-Thons held over the summer. Trucks from Shred-IT were on-site at the events to help the communities safely dispose of and recycle 150,550 lbs. of documents.
Author Michele Kimble Date 08/29/2019
New Graphs Show the Failures in U.S. Banking Policy
Prior to 2010, about half of the local community banks lost to mergers each year were replaced by a new startup banks. That pipeline disappeared in 2010, in part because regulators imposed much higher hurdles for new banks after the financial crisis. These new regulations have accelerated the decline of community banks, and that trend matters because these small institutions punch way above their weight in areas like small business lending. As the graphs provided show, community banks and credit unions control only 16 percent of the industry’s assets, but they supply more than half of lending to small ...
Author Institute for Local Self-Reliance Date 05/21/2019
Redwood Credit Union Ranks 4th in Nation
Redwood Credit Union (RCU) has recently been ranked the 4th healthiest credit union in the United States (out of approximately 5,400 credit unions), according to Glatt Consulting’s Credit Union HealthScore, which measures credit union strength and growth.
Date 04/16/2019
Brett Martinez Honored by National Credit Union Foundation
The National Credit Union Foundation presented the Anchor Award to Brett Martinez at its annual Herb Wegner Memorial Awards Dinner on March 11th during the Credit Union National Association (CUNA) Governmental Affairs Conference (GAC) in Washington, D.C.
Author Michele Kimble Date 03/26/2019
Students Consider a Career in Finance at RCU’s Career Day
As part of a career exploration day, 33 students visited the Santa Rosa headquarters of Redwood Credit Union (RCU) on Tuesday, March 5.
Author Michele Kimble Date 03/14/2019
GO LOCAL Co-Founder Philip Beard on Public Banking
GO LOCAL Co-Founder and Board Member Philip Beard contributes to a Press Democrat "Close to Home" opinion piece: It’s time for a public bank in Santa Rosa
Date 12/02/2018

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