Question 1

What is Rolling F Credit Union?

Accepted Answer

Rolling F Credit Union is a community-focused federal credit union based in Turlock, California, serving the San Joaquin Valley region. With approximately $64.7 million in assets and nearly 5,000 members, Rolling F specializes in providing financial services to low-income and working-class individuals, particularly those they call "valley growers"—the agricultural workers and minimum wage earners who form the backbone of California's Central Valley economy. The credit union has earned recognition for its innovative approaches to affordable lending and commitment to helping underserved communities achieve financial stability and homeownership.

Question 2

When was Rolling F Credit Union founded?

Accepted Answer

Rolling F Credit Union was chartered in January 1948. The credit union was established to serve agricultural workers and related communities in California's Central Valley during the post-World War II era. Over its more than 75-year history, the credit union has evolved from its agricultural roots to become a community-focused institution dedicated to serving low-income and working-class families throughout the Turlock area and surrounding Stanislaus County communities.

Question 3

Where is Rolling F Credit Union headquartered?

Accepted Answer

Rolling F Credit Union is headquartered at 2101 Geer Road, Suite 401, in Turlock, California. Turlock is located in the heart of California's San Joaquin Valley in Stanislaus County, approximately 100 miles east of San Francisco and 70 miles south of Sacramento.

Question 4

Where does Rolling F Credit Union operate?

Accepted Answer

Rolling F Credit Union primarily operates in the Turlock area and throughout Stanislaus County in California's Central Valley. The credit union serves members within its local service area, focusing on communities in and around Turlock. As a federal credit union with a low-income designation, Rolling F has the ability to serve eligible members within its defined field of membership, which includes individuals and families connected to the agricultural and working-class communities of the region.

Question 5

What services does Rolling F Credit Union offer?

Accepted Answer

Rolling F Credit Union provides a comprehensive range of financial services tailored to working-class families and low-income earners. Services include share savings accounts, checking accounts, various loan products, and modern digital banking platforms.

In 2020, the credit union converted to the CUBASE data processing system through CUNorthWest, enabling enhanced technology offerings including It's Me 247 online banking, mobile banking, and electronic document storage. The credit union also offers innovative mortgage products, having resumed mortgage lending as part of its strategic plan to create pathways to homeownership for low-income families, including specially structured 40-year mortgages with competitive interest rates to keep monthly payments affordable.

Question 6

What makes Rolling F Credit Union unique?

Accepted Answer

Rolling F Credit Union distinguishes itself through its unwavering commitment to serving low-income and minimum wage workers, particularly those in agricultural and service industries. The credit union's mission-driven approach was exemplified in its groundbreaking 2020 partnership with the Stanislaus Housing Authority to provide innovative mortgage solutions for families earning 20% below the median household income—loans that traditional banks refused to offer.

CEO Randy Icelow and his team created custom 40-year mortgage products with 2.5% interest rates to make homeownership accessible to working families. The credit union refers to its target members as "valley growers," reflecting its deep connection to the agricultural heritage of California's Central Valley and its dedication to helping hardworking people achieve financial security. This community-first philosophy has established Rolling F as a rare example of a financial institution that actively seeks opportunities to serve those most often overlooked by traditional banking.

Question 7

What type of financial institution is Rolling F Credit Union?

Accepted Answer

Rolling F Credit Union is a federal credit union chartered and regulated by the National Credit Union Administration (NCUA). The credit union holds a low-income designation, which allows it to serve underserved communities and provides additional flexibility in its field of membership and service offerings.

As a member-owned financial cooperative, Rolling F operates under the credit union principle of "people helping people," with members sharing a common bond and having equal voting rights regardless of account balance. All deposits are federally insured up to $250,000 by the NCUA's National Credit Union Share Insurance Fund (NCUSIF).

Rolling F Credit Union

in the United States 🇺🇸

Crypto-Friendliness

All done!

About Rolling F Credit Union in the United States