1st Resource Credit Union is headquartered in Birmingham and is the 44th largest credit union in the state of Alabama. It is also the 2,526th largest credit union in the nation. It was established in 1940 and as of December of 2021, it had grown to 7 employees and 2,541 members at 1 location. 1st Resource Credit Union's money market rates are 3X the national average, and it has a B health rating.
Membership in 1st Resource Credit Union is open to those who live, work, or worship in Montgomery or Jefferson Counties in Alabama.
See current membership details
Overall | |
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NCUA # | 64232 |
Year Chartered | 1940 |
Employees | 7 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.86% |
Return on Equity - YTD | 8.53% |
Annual Interest Income | $1.9MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $49.7MM$49.2MM |
Loans | Q4 2021vs Q4 2020 | $38.7MM$34.4MM |
Deposits | Q4 2021vs Q4 2020 | $44.5MM$44.5MM |
Equity Capital | Q4 2021vs Q4 2020 | $5.0MM$4.5MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $238.00K$323.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $0$59.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not 1st Resource Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.75% | - | - | IRA Savings Account | |
0.25% | $100 | - | Regular Share Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.50%* | $250k* | - | Money Market Accounts | ||
OTHER TIERS: 0.75% → $100 - $75k | 1.00% → $75k - $125k | 1.20% → $125k - $250k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
1.30% | - | - | 36 Month Share Certificate | |
1.10% | - | - | 24 Month Share Certificate | |
0.90% | - | - | 15 Month Share Certificate | |
0.80% | - | - | 12 Month Share Certificate | |
0.75% | - | - | 6 Month Share Certificate |
1st Resource Credit Union Locations | ||
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Branch Office | 47 W Oxmoor Rd | Birmingham, AL 35209 |