Redwood Credit Union (60793), a $9.7B credit union headquartered in Santa Rosa, CA, led by CEO Martinez, reported $8.4B in member deposits at the end of 2025 Q3, an increase of $657.8M (+8.5%) compared to the same quarter last year.
The credit union's 90.8% loan-to-share ratio indicates strong loan demand relative to deposits, which may require attention to deposit pricing and liquidity management.
Net effect: elevated loan-to-share ratio limits incremental lending capacity.
Deposit Composition
Redwood Credit Union's deposit portfolio is led by Share Certificates, comprising 29.5% of total deposits—time deposits (cds) with fixed terms and rates.
Deposit Portfolio Breakdown
| Deposit Type | Balance | % of Total | YoY Growth |
|---|---|---|---|
| Share Certificates | $2.5B | 29.5% | +8.8% |
| Money Market | $2.3B | 27.5% | +17.5% |
| Share Drafts | $1.8B | 21.8% | +3.1% |
| Regular Shares | $1.5B | 17.7% | +1.8% |
| IRA/KEOGH | $280.4M | 3.3% | +13.8% |
| Other Shares | $14.9M | 0.2% | +0.0% |
Source: NCUA 5300 Call Reports (2025_Q3)
Quarterly Deposit Trends
Robust deposit growth of this magnitude typically reflects competitive dividend rates, successful marketing campaigns, or strong community relationships driving member acquisition.
Quarterly Trend
| Period | Total Deposits | QoQ Change | Avg/Member |
|---|---|---|---|
| 2024 Q2 | $7.5B | $20K | |
| 2024 Q3 | $7.7B | +2.6% | $20K |
| 2024 Q4 | $7.9B | +2.7% | $21K |
| 2025 Q1 | $8.2B | +3.1% | $21K |
| 2025 Q2 | $8.2B | +0.9% | $21K |
| 2025 Q3 | $8.4B | +1.6% | $21K |
Source: NCUA 5300 Call Reports
Member Deposit Metrics
Redwood Credit Union serves 404,512 members, an increase of 6.7% year-over-year. The average member deposit of $21K has grown 1.7% compared to last year.
Strong deposit growth combined with member growth indicates successful market expansion and competitive deposit products.
Historical Context: Since the 2008 Crisis
Redwood Credit Union's deposit base has grown 426% since Q3 2008, when the financial crisis was at its peak. At that time, the credit union held $1.6B in member deposits serving 145,187 members.
Membership has expanded 179% over this period, demonstrating strong community trust and successful member acquisition.
Peer Comparison
Among 76 credit unions in its $4.8B–$14.5B asset peer group, Redwood Credit Union ranks in the 72nd percentile for deposit growth.
Outlook
With strong deposit momentum, Redwood Credit Union appears well-positioned to fund loan growth and maintain competitive member services. Key factors to watch include deposit rate trends, member acquisition costs, and competitive dynamics in the CA market.
Redwood Credit Union's Q4 2025 results, expected in early 2026, will provide further insight into whether this deposit growth trajectory can be sustained.
Track This Credit Union
Monitor Redwood Credit Union's quarterly deposit performance, member metrics, and share composition with Finleet Terminal.
Data Sources: NCUA 5300 Call Reports (2025_Q3), NCUA Historical Data (2007-present), Finleet Proprietary Analysis
Methodology: Year-over-year growth calculated comparing 2025_Q3 to same quarter prior year. Peer groups defined as credit unions within 50% asset range. Average deposit calculated as total shares and deposits divided by total members.