Alabama ONE is headquartered in Tuscaloosa and is the 9th largest credit union in the state of Alabama. It is also the 423rd largest credit union in the nation. It was established in 1951 and as of June of 2023, it had grown to 259 employees and 80,380 members at 18 locations. Alabama ONE has a B health rating.
Alabama ONE is open to anyone who lives, works, worships, or goes to school in the Alabama counties of Baldwin, Bibb, Choctaw, Clarke, Escambia, Fayette, Greene, Hale, Jefferson, Lamar, Marengo, Mobile, Monroe, Montgomery, Morgan, Pickens, Shelby, Sumter, Tuscaloosa, Walker, Washington, or Wilcox.
See current membership details
|Return on Assets - YTD||0.64%|
|Return on Equity - YTD||8.36%|
|Annual Interest Income||$19.4MM|
|Assets and Liabilities|
|Assets||Q2 2023vs Q2 2022||$1.01B$985.7MM|
|Loans||Q2 2023vs Q2 2022||$795.3MM$691.2MM|
|Deposits||Q2 2023vs Q2 2022||$873.4MM$887.1MM|
|Equity Capital||Q2 2023vs Q2 2022||$77.2MM$76.6MM|
|Loan Loss Allowance||Q2 2023vs Q2 2022||$0$5.1MM|
|Unbacked Noncurrent Loans||Q2 2023vs Q2 2022||$5.5MM$7.8MM|
|Real Estate Owned||Q2 2023vs Q2 2022||$0$0|
Rates for Alabama ONE are currently being reviewed.