Northern Redwood
Northern Redwood is a credit union based in Arcata, California, established in 1955, with $24 million in total assets serving 3,167 members. By Trust Grade it ranks 241st of 241 credit unions we track in California. Its net worth ratio of 7.7% trails most similarly sized credit unions (4th percentile), versus a California median of 11.1%. It posted a loss over the most recent period (-1.80% return on assets), a point to watch. No consumer complaints against Northern Redwood appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Northern Redwood compares to California peers
How we graded Northern Redwood
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (7.7% capital ratio)
- Unprofitable over the period (ROA -1.80%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Northern Redwood over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Northern Redwood insured?
Yes. Northern Redwood is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Northern Redwood: frequently asked questions
Is Northern Redwood a good credit union?
Northern Redwood earns a Bankzia Trust Grade of F (57/100, "Weak"), based on a financial-strength score of 57/100 (it has no CFPB complaints on record). Well-capitalized (7.7% capital ratio); Unprofitable over the period (ROA -1.80%).
Is Northern Redwood NCUA-insured?
Yes. Northern Redwood is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Northern Redwood?
Northern Redwood holds $24 million in total assets, ranking 241st of 241 credit unions we track in California. It serves 3,167 members.
Does Northern Redwood have CFPB complaints?
No CFPB complaints against Northern Redwood appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
