Mission
TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "OWNER".
RED WING CREDIT UNION is a Public Charity headquartered in RED WING, MN. Financial data from the 2024 filing: $9.5M revenue, $7.4M expenses, $189.6M total assets.
TO PROVIDE LENDING, SAVINGS, AND OTHER FINANCIAL SERVICES TO ITS QUALIFYING MEMBERS AT TERMS GENERALLY BETTER THAN AVAILABLE IN THE MARKETPLACE AND WITH A "SERVICE-BASED EMPHASIS" THAT RECOGNIZES THE MEMBERS' STATUS AS "OWNER".
Officer compensation and complete director data available with membership.
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $9.5M | $7.4M | $189.6M |
| 2023 | $7.7M | $5.9M | $171.1M |
| 2022 | $6.7M | $4.4M | $168.6M |
| 2021 | $6.1M | $4.3M | $161.6M |
| 2020 | $5.3M | $4.1M | $136.5M |
Between 2020 and 2024, reported annual revenue grew from $5.3M to $9.5M (+79%), with total assets most recently reported at $189.6M.
Interactive year-over-year charts and full filing details available with membership.