Legacy Community Federal Credit Union
Legacy Community Federal Credit Union is headquartered in BIRMINGHAM and is the 14th largest credit union in the state of Alabama. It is also the 640th largest credit union in the nation. It was established in 1955 and as of March of 2025, it had grown to 113 employees and 38,399 members at 9 locations. Legacy Community Federal Credit Union has an A health rating.
Field of Membership Restrictions
Membership in Legacy Community Federal Credit Union is open to those who live, work, worship, or attend school in Bibb, Blount, Chilton, Jefferson, Shelby, St. Clair, or Walker Counties in Central Alabama.
See current membership details
Bought My Credit Union, Changed CD Terms!
This is a cross-review with the credit union that Legacy bought out - 1st Resource Credit Union in Birmingham, AL:
I have a couple of certificates with 1st Resource. They are ADD-ON certificates. However, Legacy credit union CHANGED THE TERMS. No longer am I able to add funds to these existing CDs per customer service.
I've read on this site that this happens from time to time. If they change the terms then I should AT LEAST be able to break the CD without penalty.
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 24421 |
| Year Chartered | 1955 |
| Employees | 113 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.45% |
| Return on Equity - YTD | 11.99% |
| Annual Interest Income | $6.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $652.3MM$656.9MM |
| Loans | Q1 2025vs Q1 2024 | $380.1MM$402.9MM |
| Deposits | Q1 2025vs Q1 2024 | $568.3MM$581MM |
| Equity Capital | Q1 2025vs Q1 2024 | $78.3MM$67.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.4MM$1MM |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $1.3MM$1.7MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |