Red Canoe Credit Union
Credit union in Federal Way, Washington
We’re a credit union, not a bank. While we do offer the full spectrum of banking services available at other financial institutions, we are member-owned. When you open a savings account, your $5.00 deposit buys you one share in the credit union. That makes you an equal owner of this financial institution along with all our other members.
We’ve been a cooperative since 1937. That means any money we earn goes back to our members, not into the pockets of stockholders like a bank. For more than 80 years, we’ve held the traditions of credit unions near and dear to our hearts. We are not for profit, but for people.