Redwood Credit Union is a not-for-profit financial institution that believes in people over profits. Our mission is to passionately serve the best interests of our Members, team members, and communities. Sticking to that vision has made us one of the most loved financial partners in the many communities we serve. In fact, RCU is the 8th largest credit union in California-and growing. Due to this growth, we recently completed construction on our new, 8-acre campus in Napa and are ready to welcome more than 500 valued team members!
Since 1950, Redwood Credit Union has been helping people reach their financial goals and dreams with a focus on helping others. That people-first approach holds true for our employees, too. Our work environment is built on service and trust. It's all possible with a leadership team committed to hiring talented people and helping them develop their careers.
If this sounds like a place you'd like to be, we're eager to meet you!
Redwood Credit Union is looking for a Vice President of Deposits to oversee and manage all credit union consumer and business deposits to include driving growth, managing products, operations, relationship management, vender partnerships, and ensuring overall success in the deposit area.
Essential Functions
Leadership
•Provide exceptional service to all Members, member clients and RCU partners.
•Provide strong leadership to the deposit team, fostering a culture of innovation, collaboration, and excellence.
•Guide and mentor team members to achieve professional growth and performance objectives.
•Identify and pursue strategic partnerships to enhance deposit offerings and market presence.
•Collaborate with external partners to explore opportunities and new partner channels.
•Stay informed about and provide regular communication on industry best practices and emerging trends to drive innovation.
•Assist with advanced customer issues or inquiries; effectively work with back-office support personnel and vendors to ensure a high degree of quality service and account holder satisfaction.
Area Management
•Drive Product Development through leadership of the creation and improvement of deposit products based on market research and customer feedback.
•Collaborate with cross-functional teams to ensure timely and successful product launches.
•Oversee the entire deposit product and service management lifecycle of deposit products, from conceptualization to ongoing management.
•Ensure operational compliance and efficiency by adhering to existing and developing recommendations for future processes and procedures.
•Ensure competitiveness, profitability, and compliance with regulatory requirements.
•Manage efficient and compliant deposit operations, optimizing processes for enhanced customer experience.
•Provide regular reports and insights to executive leadership on deposit-related performance.
Relationship Management
•Foster and maintain strong relationships with clients, partners, and internal teams.
•Collaborate with sales and marketing to drive deposit-related initiatives and enhance customer relationships.
•Oversee the high deposit relationship management process.
•Implement risk mitigation strategies related to deposit products and operations.
Planning
•Develop and implement strategic plans to drive deposit growth in alignment with organizational goals.
•Identify market trends and opportunities to enhance deposit acquisition and retention.
•Ensure the creation and implementation of products, promotions, campaigns, and other initiatives for deposit products.
Minimum Qualifications: Knowledge, Skills, and Abilities

• Thorough knowledge of terminology related to deposit products and various account types, such as Trust, Business, ERISA, and other specialty account title types.
• Understanding of and ability to work within NCUA guidelines.
• Skill in the operation of a PC with proficient word processing, spreadsheet and database software skills, and ability the use of intranet and internet access.
• Excellent oral and written communication skills.
• Experience managing the development, implementation and performance of a product or product line in the financial industry.
• Broad knowledge of credit union operations including functions, regulations, product, and services.
• Project Management experience.
• Knowledge of financial institution operating areas, functions, products, and services and the laws and regulations that apply to credit unions.
• Knowledgeable in regulatory requirements regarding deposit compliance Reg D, Reg DD, Reg CC, and TIS.
• Ability to think strategically and utilize appropriate partners and resources to develop and execute on a tactical solution.

The ideal candidate has a combination of education and experience equivalent to a bachelor's degree in business administration, finance, or closely related field, and a minimum of twelve years of experience in financial services to include deposits. A minimum of three years' experience managing share accounts, checking, savings, IRA, CD's, and money market accounts is required, and a minimum of three years of experience analyzing product lines to maximize performance, penetration and pricing is required.
Base starting range: $170,000 to $224,000 annually, commensurate with experience.
Our base salary starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Redwood Credit Union offers a robust benefits package to our eligible employees including:
•Competitive medical, dental, and vision insurance, mental health offerings
•Employee performance incentive plan
•Salary Advancement- Merit increase based on performance
•401(k) program with employer match
•Time Off- Competitive PTO accrual plus 11 paid company holidays and your birthday off!
RCU Discounts and Perks-
- RCU employees are eligible for a .75% discount off RCU standard collateral auto loans
- RCU employees are eligible for a 1% discount on all recreational or boat loan products
- 2% discount off Visas and LOC Loans through RCU
- 0% interest on garment, fitness, or home office equipment loan of up to $500
- 100% financing for employee purchased homes!
Why work for Redwood Credit Union?
•Local financial institution, providing unparalleled service since 1950
•Recognized by Newsweek as one of "America's Best Credit Unions 2024"
•Top 5 Healthiest Credit Union in the USA, rated by Glatt Consulting
•Voted Best Places to Work in the North Bay 18 years in a row
•World-class employee engagement scores
•Rated Superior in Service by more than 90% of Members, surveyed by SF Gate
•Recognized by Forbes as one of "America's Best Small Employers 2023"
Internal Team Members
If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer