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Apco Employees Credit Union
Apco Employees Credit Union Locations|
750 17th St N Birmingham, AL 35203 205.226.6800 www.apcocu.org  |
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Apco Employees Credit Union is headquartered in Birmingham and is the 2nd largest credit union in the state of Alabama. It is also the 58th largest credit union in the nation. It was established in 1953 and as of March of 2013, it had grown to 89 employees and 66,847 members. Apco Employees Credit Union's savings rates are 3X the national average, and it boasts a 5-star health rating.
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5.55% 6-Month / 5.49% 12-Month CD at an Alabama CU (APCO Employees) - 5/22/2007
APCO Employees Credit Union is offering a 5.55% APY 6-month and a 5.49% APY 12-month certificate of deposit. The minimum deposit is $2,500. See rate table.Field of membership is primarily based on select employee groups which includes Alabama Power...
See Rates for: Checking | Savings | CD | IRA
Apco Employees Credit Union Checking Account Rates
Apco Employees Credit Union Savings Account Rates
Apco Employees Credit Union CD Rates
| Apy | Min | Max | Product | |
| 1.71% | $2,500 | - | 60 Month CD | |
| 1.51% | $2,500 | - | 48 Month CD | |
| 1.41% | $2,500 | - | 36 Month CD | |
| 1.31% | $2,500 | - | 30 Month CD | |
| 1.21% | $2,500 | - | 24 Month CD | |
| 1.21% | $2,500 | - | 37 Month 1 Time Step Up CD | |
| 1.11% | $2,500 | - | 18 Month CD | |
| 1.00% | $2,500 | - | 366 Day CD | |
| 0.90% | $2,500 | - | 182 Day CD | |
| 0.80% | $2,500 | - | 91 Day CD | |
| 0.70% | $2,500 | - | 30 Day CD | |
| 0.70% | $2,500 | - | 45 Day CD | |
| 0.70% | $2,500 | - | 60 Day CD |
Apco Employees Credit Union IRA Rates
| Apy | Min | Max | Product | |
| 1.71% | $500 | - | 60 Month IRA CD | |
| 1.71% | $500 | - | 60 Month Roth IRA CD | |
| 1.51% | $500 | - | 48 Month IRA CD | |
| 1.51% | $500 | - | 48 Month Roth IRA CD | |
| 1.41% | $500 | - | 36 Month IRA CD | |
| 1.41% | $500 | - | 36 Month Roth IRA CD | |
| 1.31% | $500 | - | 30 Month IRA CD | |
| 1.31% | $500 | - | 30 Month Roth IRA CD | |
| 1.21% | $500 | - | 24 Month IRA CD | |
| 1.21% | $500 | - | 37 Month 1 Time Step Up IRA CD | |
| 1.21% | $500 | - | 24 Month Roth IRA CD | |
| 1.21% | $500 | - | 37 Month 1 Time Step Up Roth IRA CD | |
| 1.11% | $500 | - | 18 Month IRA CD | |
| 1.11% | $500 | - | 18 Month Roth IRA CD | |
| 1.00% | $500 | - | 366 Day IRA CD | |
| 1.00% | $500 | - | 366 Day Roth IRA CD | |
| 0.90% | $500 | - | 182 Day IRA CD | |
| 0.90% | $500 | - | 182 Day Roth IRA CD |
Rates updated: 6/19/2013
Data for Q1 2013
Institution Statistics
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Institution Health
Overall Score:
5 out of 5 
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1.26% Savings Rate (Share Account)
Recently opened an account here. My mother is a member which was my "in" but I asked the teller and she said they take customers words for it so if you were to join and say you worked for apco or one of the other groups, they wouldnt question you over it.
The share account pays interest quarterly which is unusual.
Im not clear on how long their rate has been 1.26% or how long it will continue.
But, since capone has taken over ING, I began seriously looking for a better place for my 6 figure account and APCO was the best i could find. I just hope it continues.
I guess they have a free checking account that pays interest too.
But, I maintain my ING account for my checking for now as well as a small savings there. I had intended to switch my checking to Ally but their format is not as good. And you cant tell from your account any future trransfers.
Hopefully, I will get off my duff and invest most of my money rather than letting it sit at such low rates.
I did recently buy shares in APCOs parent, Southern Company. Nice dividend yield at about 4.5% and a terrific long term track record of total returns. My first utility. Considering buying others because a number of them also have good long term track records and good yields.
In the past, I took much more risk as an investor but over the last 7-8 years, Ive had a number of situations work out via buyouts mergers or sales and I have not been able to reinvest all the proceeds. So the cash sits in savings accounts.
Thats got to change.
My goal for SO is at least a 10% total return but even if I just earn the dividend and no capital gains over the long term, thats better than a savings account or a CD.
And I set my account up to reinvest the dividends since I dont need the cash.