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Advertiser Disclosure
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 Red Wing Credit Union Rates & Review April 2026
Content reviewed by
Brian McKay
Brian McKayFounder & Data ArchitectExpertise
Brian is the Founder of MonitorBankRates.com. For over 18 years, he has utilized his background in enterprise infrastructure to engineer proprietary systems that track rates from over 8,000 financial institutions.
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Editorial Disclosure
The rates displayed are actual, verified rates sourced directly from the official websites of banks and credit unions. Our editorial content is independent of any advertiser relationships.
✓Fact Checked
Rates Last Updated: April 19, 2026
Red Wing Credit Union's CDs of Deposits & IRA CDs 8 month rates are at 3.66%, CDs of Deposits & IRA CDs 30 month rates are at 2.80%, CDs of Deposits & IRA CDs 60 month rates are at 2.52%, CDs of Deposits & IRA CDs 48 month rates are at 2.02%, CDs of Deposits & IRA CDs 36 month rates are at 1.76%. Red Wing Credit Union's savings rates are at 0.40%. Red Wing Credit Union's money market rates are at 1.51%. MonitorBankRates evaluates the financial stability of Red Wing Credit Union with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 1.22%. Rates were last updated on 04/19/2026. Red Wing Credit Union money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Red Wing Credit Union? Share your experience about Red Wing Credit Union by leaving a review below, or read customer reviews before you decide to use Red Wing Credit Union. Red Wing Credit Union
Red Wing Credit Union 3303 N Service Dr
https://www.redwingcu.com Red Wing, MN 55066 
Red Wing Credit Union CD Rates
Red Wing Credit Union Savings Rates
Red Wing Credit Union Money Market Rates
Red Wing Credit Union Checking Rates
Methodology & Data SourcesMonitorBankRates Star Rating
Our rating for Red Wing Credit Union is derived from comprehensive financial data published quarterly by the NCUA. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with member feedback (user reviews) to help you make informed banking decisions.
Texas Ratio
We calculate the Texas Ratio using standard industry methodology. This ratio compares the credit union's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.
Rate Data Aggregation
We gather Red Wing Credit Union rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.
Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions.
It is always advisable to check with Red Wing Credit Union's official website for the most current offers and terms.
Credit Union Profile & Overview
Credit Union Name
Red Wing Credit Union
Website
https://www.redwingcu.com
Address
3303 N Service Dr,
Red Wing, MN 55066
Phone
651-388-7133
Fax
651-388-7137
President
Daryl Mark
CEO
Aaron DeJong
Full-Time Employees
23
Part-Time Employees
7
Branch Locations
1
ATM Locations
1
NCUA Insured
✓ Yes — Up to $250,000 per depositor
FinancialsMonitorBankRates Star Rating
5.0 / 5.0 ★
Overall Health & Safety Grade
A+ (99/100)
Texas Ratio
1.22%
Return on Assets (ROA)
0.8303%
Return on Equity (ROE)
7.0314%
Non-Performing Loans Ratio (NPL)
0.28%
Total Assets
205,346,979
Total Amount of Shares and Deposits
183,638,240
Total Shares and Deposits < 1 Year
177,493,469
Total Shares and Deposits 1 3 Years
5,707,555
Total Shares and Deposits > 3 Years
437,216
Total Uninsured Member Shares and Deposits > $250K (A+A1+B+C+D+E)
11,174,648
Total Uninsured Shares and Deposits > $250K (F+J)
11,174,648
Total Insured Shares and Deposits > $250K (item 17 less item K)
172,463,592
Total Interest Expense (Sum of items 6 8)
2,320,998
Share Certificates
1,917
Number of Accounts for Share Drafts
7,254
IRA KEOGH Accounts
545
Number of Accounts for Regular Shares
9,710
All other shares
1,777
Money Market Shares
640
Net Income (unless the amount is already included in Undivided Earnings)
1,704,939
Total Cash on Deposit (Amounts Deposited in Financial Institutions)
16,207,142
Total Liabilities
184,133,176
Source: NCUA — Last Updated 09/30/2025
Frequently Asked Questions About Red Wing Credit UnionIs Red Wing Credit Union a safe place to deposit money?Yes, Red Wing Credit Union is considered a safe financial institution. With a Texas Ratio of 1.224096133522%, the institution's financial health is rated as excellent. Your accounts are federally insured by the NCUA (National Credit Union Administration) up to $250,000 per depositor, for each account ownership category. How many branches does Red Wing Credit Union operate?Red Wing Credit Union currently maintains approximately multiple branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes. Is a member application needed to join Red Wing Credit Union?Yes, to access services at Red Wing Credit Union, a member application is required. As a credit union, membership is based on specific eligibility criteria such as where you live, work, or your organizational affiliations. Is there a first-time homebuyer program?Currently, Red Wing Credit Union does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing. Are credit management and repair services offered?While formal credit repair services are not currently listed, Red Wing Credit Union provides members with tools to manage their accounts and build a solid financial history. Does Red Wing Credit Union offer online and mobile banking?Most modern institutions like Red Wing Credit Union provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.redwingcu.com. Current Red Wing Credit Union Rates
Retrieved from our database of financial products. Rates subject to change.
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