Mission
CREDIT UNION - TO PROVIDE SERVICES TO APPROXIMATELY 4,629 MEMBERS IN THE FORM OF LOANS, SAVINGS, AND OTHER FINANCIAL SERVICES.
Public Charity
RED OAK CREDIT UNION
RED OAK CREDIT UNION is a Public Charity headquartered in TUSCALOOSA, AL. Financial data from the 2025 filing: $2.7M revenue, $3.4M expenses, $41.1M total assets.
EIN: 630476332
TUSCALOOSA, AL
Latest filing: 2025
Total Revenue$2.7M
Total Expenses$3.4M
Total Assets$41.1M
Grant Records0
Filing Years2021–2025
Where $100 goes at Red Oak Credit Union
How Red Oak Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.
$50
Programs
the work itself
$50
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $50 for programs
$43
The credit union provided a variety of loan services for its members
$7
The credit union provided a variety of deposit services for its members
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
BOARD VICE C
Ben Horton
BOARD MEM
Bobbie Garner
BOARD MEM
Gregory Madrid
SC CHAIR
Iris Robertson
BOARD SECRET
Linda Forte
BOARD CHAIR
Michael Wilson
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $2.7M | $3.4M | $41.1M |
| 2024 | $2.7M | $3.3M | $43.9M |
| 2023 | $2.5M | $2.7M | $43.1M |
| 2022 | $2.2M | $2.2M | $40.9M |
| 2021 | $1.9M | $2.1M | $37.8M |
Between 2021 and 2025, reported annual revenue grew from $1.9M to $2.7M (+45%), with total assets most recently reported at $41.1M.
Interactive year-over-year charts and full filing details available with membership.