Redbrand Credit Union is a not-for-profit financial institution. We are here to serve our member’s financial needs. Our products and services are as diverse as our membership. Our core values are as strong as the steel forged in the factory from where we found our humble beginnings. We’re here to serve you.
Chartered in 1952 from our first location in an office at Keystone Steel & Wire with membership only open to Keystone employees, we’ve grown to three locations and a community charter. The first major change was in 1986, when Peoria County School’s Credit Union merged with us. This opened membership up to any employee of a Peoria County School. An office in Peoria was added to accommodate the needs of our new membership profile. In 1999 Cerelose Credit Union in Pekin merged into Redbrand Credit Union. Their Pekin office became our third location.
Redbrand was formed by employees of Keystone Steel & Wire to provide fair financial services to steelworkers, an option that may not have been likely for many of the workers at other financial service providers. By the people, for the people. While our field of membership has grown to include far more than just Keystone employees, our principle remains the same: provide great financial services at a fair price. We look forward to serving your banking needs!
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154