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Redstone FCU’s $2.5 million donation benefits community and credit union

A Charitable Donation Account (CDA) provided Redstone Federal Credit Union with expanded investment options for seed money to help build three new libraries in the Huntsville, Alabama community.

President/CEO Joe Newberry says the credit union chose CUNA Mutual Group for one main reason: trust. “We've been using CUNA Mutual Group for as long as I've been in the credit union business,” he says. “We trust them because they always keep us in compliance. They always keep it very simple. And they're always willing to come in and talk to our community members and our board members.”


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Proprietary insurance is underwritten by CMFG Life Insurance Company. Proprietary and brokered insurance is sold by CUNA Mutual Insurance Agency, Inc., a wholly owned subsidiary. This insurance is not a deposit and is not federally insured or guaranteed by your credit union. For more information, contact your Executive Benefits Specialist at 800.356.2644. Representatives are registered through, and securities are sold through, CUNA Brokerage Services, Inc. (CBSI), member, FINRA/SIPC, 2000 Heritage Way, Waverly, Iowa 50677, toll-free 866.512.6109. Insurance and annuity products are sold through CMFG Life Insurance Company. Non-deposit investment products are not federally insured, involve investment risk, may lose value and are not obligations of or guaranteed by the credit union. © 2017 CUNA Mutual Group, All Rights Reserved.
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