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Redwood Credit Union

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When will I receive my statement?

Statement delivery varies depending on the types of accounts and/or loans you have, as well as your account activity.
Electronic statements (eStatements) are the quickest and most secure way to receive your statements for all accounts. Generally, you will have access to your eStatements in online banking a day or two before you receive the mailed paper statement. Learn more and sign up for eStatements.

Please see the table below for details on statement delivery for the different types of accounts and loans.

ACCOUNT/LOAN TYPE

FREQUENCY OF STATEMENT

DELIVERY DATE

ADDITIONAL INFORMATION

Savings (Business & Personal)

  • Quarterly if there are no electronic payments/transfers
  • Monthly if you make an electronic payment/transfer

By the 6th of the month

Included on your consolidated statement

Checking (Business & Personal)

Monthly

By the 6th of the month

Included on your consolidated statement

Money Market

  • Quarterly if there are no electronic payments/transfers
  • Monthly if you make an electronic payment/transfer

By the 6th of the month

Included on your consolidated statement

Health Savings Account

  • Quarterly if there are no electronic payments/transfers
  • Monthly if you make an electronic payment/transfer

By the 6th of the month

Included on your consolidated statement

Certificates

  • Quarterly if there are no electronic payments/transfers
  • Monthly if you make an electronic payment/transfer

By the 6th of the month

Included on your consolidated statement

Home Equity Line of Credit (HELOC)

  • Monthly if you have a balance
  • No statement is sent if the account does not have a balance

By the 6th of the month

Included on your consolidated statement

Overdraft Line of Credit

  • Monthly if you have a balance
  • No statement is sent if the account does not have a balance

By the 6th of the month

Included on your consolidated statement

Business Loan

Quarterly

By the 6th of the month

Included on your consolidated statement.

A billing statement is sent separately.

First Mortgage Loan (Non-HELOC)

Monthly

By the 20th of the month

Provided separately from consolidated statement

Second Mortgage Loan (Non-HELOC)

Monthly

By the 20th of the month

Provided separately from consolidated statement

Visa Credit Card (Business & Personal)

  • Monthly if you have a balance.
  • No statement is sent if your card does not have a balance.

21 days before your due date

Provided separately from consolidated statement.

Loans
(Auto/RV/Solar/Personal /Savings Secured Loans)

  • Quarterly if there are no electronic payments/transfers
  • Monthly if you make an electronic payment/transfer

By the 6th of the month

Included on your consolidated statement

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