Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts
Overview / Commentary
P.O. Box 100185
Irondale, AL 35210

Railroad Credit Union is headquartered in Irondale and is the 30th largest credit union in the state of Alabama. It is also the 1,479th largest credit union in the nation. It was established in 1956 and as of March of 2014, it had grown to 9 employees and 6,822 members. Railroad Credit Union's savings rates are 54% higher than the national average, and it has a A health rating.

Field of Membership Restrictions

Must be an employee of the Southern Railway System in Alabama or one of the several select employee groups. - See Details

Reviews (1)

Nice One-Location CU

Their rate competitiveness has gone down, so I have only had the minimum deposit for about a year now. I've previously held a couple CDs and my first car loan was with these guys. Until recently, this was where I held my emergency fund.

It's a small, single-location credit union. There is no online account access although you can do a lot of on the phone. As far as customer service, they'll remember your name by your third visit and the bank manager will probably be the person you get bumped to if the teller can't help.


Data for Q1 2014

Institution Health


Texas Ratio


The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Railroad Credit Union had $91,000 in non-current loans and owned real-estate with $13.06 million in equity and loan loss allowances on hand to cover it. This gives Railroad Credit Union a Texas Ratio of 0.70% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Railroad Credit Union decreased slightly from 0.93% as of March 31, 2013 to 0.70% as of March 31, 2014, resulting in a positive change of 25.08%.This indicates that the balance sheet and financial strength for Railroad Credit Union has improved slightly in recent periods.

Deposit Growth


In the past year, Railroad Credit Union has decreased its total deposits by -$1.39 million, resulting in -1.5% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Railroad Credit Union has shown is average.



Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Railroad Credit Union has $104.56 million in assets with $13.06 million in equity, resulting in a capitalization level of 12.49%, which is excellent.

Institution Statistics

NCUA #11176
Year Chartered1956
Primary Regulator
Assets and Liabilities
Assets$104.56 million
Loans$14.13 million
Deposits$91.41 million
Equity Capital$12.92 million
Loan Loss Allowance$139,000
Unbacked Noncurrent Loans$91,000
Real Estate Owned$0
Historic Data - March 2013
Assets$106.10 million
Equity Capital$13.24 million
Loan Loss Allowance$199,000
Unbacked Noncurrent Loans$91,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.09%
Return on Equity0.74%
Interest Income$453,000
Skip to rates for:

Always verify rates and promotions with the bank or credit union. We are not Railroad Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Railroad Credit Union Savings Account Rates

0.80%--Regular IRA Shares
0.55%--Regular Shares

Railroad Credit Union CD Rates

1.71%$1k-60 Month CD
1.63%$1k-48 Month CD
1.46%$1k-36 Month CD
1.36%$1k-30 Month CD
1.26%$1k-24 Month CD
1.11%$1k-18 Month CD
1.05%$1k-12 Month CD
0.60%$1k-6 Month CD

Railroad Credit Union Locations
Branch Office1808 2nd Ave SIrondale, AL 35210-1512