Minimum Opening Deposit
Account may be opened with a deposit of any amount. Membership is available for anyone living, working or owning a business in the following Northern California counties is eligible: Sonoma, Marin, Napa, San Francisco, Mendocino, Lake, Solano, Contra Costa.You must also have a Share Savings Account and pay a $10.00 membership fee to be a member (see savings account details).
Monthly Service Fee
Debit Cards & Using ATMs
Redwood Rewards Plus
This account includes 'Redwood Rewards Plus' program to earn points for gifts and other items. There is no annual fee for this card.
Surcharge-Free ATM Access
Surcharge-free ATM access is available at all Co-Op Network ATM locations.
Non-affiliated ATM Usage Fee
All CO-OP network ATM transactions are free. The first two non-network ATM transactions per month are free. Fee is $1.00 each thereafter. If account holder has an active loan with Redwood CU or a credit card, the first 4 non-network ATM transactions per month are free, $1.00 afterwards
International ATM Usage Fee
There is a fee of $1.00 for each international withdrawal. In addition, there is a international transaction fee equal to a small percentage of the amount withdrawn.
Electronic & Telephone Banking
Online Bill Pay
Mobile & Text Banking
This institution supports:- A mobile-browser website to view account balances, view recent activity, transfer funds, locate ATMs;- An iPhone application to view account balances, view recent activity, transfer funds, locate ATMs;- An Android application to view account balances, view recent activity, transfer funds, locate ATMs.
Deposit Checks with Mobile Phone
This feature is available for the iPhone, iPad, and Android mobile application.
This Email Alert feature enables you to receive:- Warnings when your balance falls below a certain threshold;- Notice of deposits or withdrawals over a certain threshold;- The bad news that your account balance is below $0.
Included with Online Banking
Automated Phone Banking
Checks & Statements
Unlimited Check Writing
Free or Discounted Checks
Monthly Paper Statements
Check Images with Statements
The first 2 copies of checks are free, each copy after that is $3.00 a copy.
Online Check Images
Images of canceled checks can be viewed online.
Overdrawing the Account
Returned Item Fee
The Insufficient Funds Fee is $23.00 per overdraft.
This checking account has three options for Overdraft Protection.From a linked Savings Account, Money Market Account or Line of Credit:- No transfer fee. Interest will accrue when applicable.- Funds are transferred in fixed increments of $100.00.
About Redwood Credit Union
From Redwood Credit Union's website: "Redwood Credit Union (RCU) is a full service financial institution, assisting consumers and small business owners with achieving their financial goals and dreams since 1950." Redwood Credit Union has 15 locations, offering checking, savings and investment, loan, and insurance services to its community.