Redstone Federal Credit Union is a full service not-for-profit financial institution that has more than 370,000 members and controls in excess of $3 billion in assets. Redstone Federal is the largest credit union in Alabama and is ranked as the 25th largest credit union in the nation. They are headquartered in Huntsville, AL.
Redstone FCU Car Loans
Redstone Federal Credit Union works with a wide spectrum of credit scores and profiles. Redstone services such a wide spectrum of credit scores because of its commitment to improving the lives of its members and because of its large asset base. Despite more generous lending guidelines, Redstone Federal is a responsible lender and considers each auto loan on a case-by-case basis.
Redstone Federal Credit Union offers car loans with an interest rate as low as 2.35 percent and can have a term of up to 84 months for new cars. Used cars can have the same low rate, but may only qualify for a term of up to 72 months. The exact rate and term of an auto loan may vary based on the credit history of the applicant and the age/mileage of the vehicle. All rates and terms are quoted as of 12-19-14 and are subject to change without notice or update to this website.
Redstone FCU offers a few loan insurance options for the protection of its members. While finalizing an auto loan through Redstone Federal you will have the option of choosing GAP Insurance or Mechanical Breakdown Protection (MBP). GAP insurance covers any balance leftover if your vehicle is declared a total loss and MBP will extend coverage after any other warranty on your vehicle expires.
Redstone Federal Credit Union was founded in 1951 with $55 in assets and 11 members. The credit union originally served the needs of the personnel at Redstone Arsenal only. There was one founding value: serve the community. Redstone Federal has grown by leaps and bounds since 1951, but it is still committed to the community through volunteerism and charity.
If you would like to become a member or would like to apply for a Redstone Federal Credit Union auto loan, you can visit the website (https://www.redfcu.org/index) or you can contact the Member Connect Center at 1-800-234-1234. Should you need to contact Redstone Federal by regular mail, the address is:
Redstone Federal Credit Union
220 Wynn Drive
Huntsville, AL 35893-0001