Alabama Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.78% | 5-year CD | 2.27% - National Average |
| 1.61% | 1-year CD | 1.38% - National Average |
| 0.26% | Savings | 0.26% - National Average |
Alabama Credit Union is headquartered in Tuscaloosa and is the 6th largest credit union in the state of Alabama. It is also the 348th largest credit union in the nation. It was established in 1956 and as of December of 2018, it had grown to 247 employees and 86,974 members at 30 locations. Alabama Credit Union's money market rates are 84% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Alabama Credit Union is open anyone through membership in The Secret Meals Association (application to join is on the credit union's site-$10 association member fee). Membership is also open to to those who live, work, or attend school in Baldwin, Blount, Cullman, Fayette, Hale, Jefferson, Lamar, Limestone, Madison, Marion, Marshall, Mobile, Escambia County, Morgan, Shelby, Tuscaloosa, Walker or Winston counties in Alabama and a select area of Escambia County in Florida.
See current membership details
Alabama Credit Union Rocks!
I have been with Alabama Credit Union, a small bank with locations in Alabama, Mississippi, and Florida, since 2008. Since 2008, it has grown and opened several more locations, but the level of service has remained constant. They have always been able to answer any questions that I have. They have always had locations for me to easily access. While I lived in Tuscaloosa, they had a branch on the University of Alabama's campus which made going to the bank very easily. As I previously stated, they have been growing, and they now have a branch in my hometown, which I am quite pleased about. They always have my bank statements updated and correct. For me, banking with this smaller credit union is much more rewarding than banking with someone like Wells Fargo, Chase, PNC, etc. It has a much more "home town" and familiar feel.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60823 |
| Year Chartered | 1956 |
| Employees | 247 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 5.91% |
| Annual Interest Income | $28.5MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $876.3MM$776.3MM |
| Loans | Q4 2018vs Q4 2017 | $508.2MM$375.1MM |
| Deposits | Q4 2018vs Q4 2017 | $764.7MM$678.4MM |
| Equity Capital | Q4 2018vs Q4 2017 | $88.7MM$79.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $2.0MM$1.2MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $4.7MM$2.0MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $0$52.00K |
Always verify rates and promotions with the bank or credit union. We are not Alabama 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.
Alabama Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.26% | $5 | - | Share Savings Account | |
| 0.26% | $5 | - | Organizational Savings Account | |
| 0.26% | - | - | Christmas Club Account | |
| 0.26% | - | - | Vacation Club Account | |
| 0.26% | - | - | IRA Savings Account |
Alabama Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.81%* | $100k* | - | Daily Money Market | ||
| OTHER TIERS: 0.56% → $2.5k - $10k | 0.61% → $10k - $25k | 0.66% → $25k - $50k | 0.71% → $50k - $100k | |||||
Alabama Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 3.29% | $500 | - | 60 Month CD | |
| 2.78% | $500 | - | 60 Month Bump-Up Special | |
| 2.68% | $500 | - | 18 Month CD Special - New Money | |
| 2.27% | $500 | - | 15 Month CD | |
| 2.22% | $500 | - | 48 Month CD | |
| 2.02% | $500 | - | 30 Month CD | |
| 1.86% | $500 | - | 36 Month CD | |
| 1.71% | $500 | - | 24 Month CD | |
| 1.61% | $500 | - | 12 Month CD | |
| 1.50% | $500 | - | 7 Month CD | |
| 1.15% | $500 | - | 6 Month CD |
