We're a credit union, not a bank.
What does that mean?  Red Canoe is a not-for-profit financial cooperative. Your $5 savings opening deposit buys you one share in the credit union - that makes you an equal owner of this financial institution. We've been a cooperative since 1937, the money we earn goes back to our members (people like you), not into the pockets of stockholders like a bank.  The traditions of credit unions are near and dear to our hearts; not for profit, but for people.

We're local and we love talking to people.
You can come in or call anytime.  We love it!

We'll save you money.
As a cooperative, we'll look for ways to save you money, any way we can.  Red Canoe representatives are rewarded for finding you the best deal - not on making record profits.  

We give back.
Credit unions have a commitment to give back to the communities they serve, and Red Canoe is no exception. We're dedicated to making a difference in the lives of our neighbors. Visit our community page to learn more.     

We'll pay you!
That's right - we'll pay you cash back when you use your Simply Smart debit card. It's easy.
  
Full service home lender
We know you don't want a mortgage, you want a home.  Our loan officers understand and they'll do what they can to make the process painless - all while finding the best loan for you.

We're always open.
Okay, not always, but we offer a variety of Online Services that are available 24 hours/day to make things simple and convenient.  Plus, you have access to an entire network of ATM's you can use with no fees. 

Red Canoe Credit Union is open to anyone who:

• Lives, works or worships in the State of Washington
• Anyone who lives or works in Linn, Benton, Lane, Marion and Polk counties in Oregon.
• In addition, family members of the before mentioned are also welcome to join Red Canoe.

In 1937, Red Canoe Credit Union was founded as Weyerhaeuser Timber Company Federal Credit Union in Longview, Washington. Our founders believed if they pooled their money together, they could provide more affordable financial services for everyone. Their vision became reality and for over 75 years, we've been providing affordable financial solutions for our members.

In 2007, the credit union charted a new course and changed their name to Red Canoe Credit Union. A name that tells our story of delivering a distinctly northwest style of banking. A name that reflects our commitment to being more caring, responsive and passionate about our member's dreams.

What’s a credit union, anyway?

It’s a simple concept of 2 is sometimes greater than 3:
    
Huh?

Credit Union
Well, at a credit union, you are an equal-part owner of a not-for-profit financial cooperative. Simply put, each member owns one share of the cooperative and has one vote to elect our volunteer Board of Directors. The Board works closely with our Senior Management Team to set the course of the credit union and serve as the voice of the membership. Yes, they’re volunteers… meaning they don’t get paid for this gig.
    

Bank
The Board at a bank has one focus – profit. They want the bank to makes lots of money so they can get paid a portion as investors or stockholders.
    

We don’t have anything against banks, we just believe at Red Canoe, sometimes 2 is greater than 3.

If you do too, you’re welcome to join our financial cooperative today and experience the credit union difference.

Federal Deposit Insurance

Our members' deposits are federally insured to at least $250,000 by the National Credit Union Administration, a U.S. Government Agency.