Red Oak
Red Oak is a credit union based in Tuscaloosa, Alabama, established in 1955, with $40 million in total assets serving 5,730 members. By Trust Grade it ranks 86th of 89 credit unions we track in Alabama. Its net worth ratio of 6.3% trails most similarly sized credit unions (1th percentile), versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 0.73% return on assets. No consumer complaints against Red Oak appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Red Oak compares to Alabama peers
How we graded Red Oak
The Trust Grade blends financial strength with complaint history. Full methodology →
- Below the well-capitalized threshold (6.3%)
- Profitable (ROA 0.73%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Red Oak over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Red Oak insured?
Yes. Red Oak 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.
Red Oak: frequently asked questions
Is Red Oak a good credit union?
Red Oak earns a Bankzia Trust Grade of C (70/100, "Average"), based on a financial-strength score of 70/100 (it has no CFPB complaints on record). Below the well-capitalized threshold (6.3%); Profitable (ROA 0.73%).
Is Red Oak NCUA-insured?
Yes. Red Oak 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 Red Oak?
Red Oak holds $40 million in total assets, ranking 86th of 89 credit unions we track in Alabama. It serves 5,730 members.
Does Red Oak have CFPB complaints?
No CFPB complaints against Red Oak 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.
