Featured Savings Rates
Featured Accounts

Alabama Rural Electric Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.55%1-year CD12 Month Small Saver Certificate
0.10%SavingsRegular Shares
0.75%3-year CD30 Month Small Saver Certificate

Overview / Commentary
334-215-7328
340 TechnaCenter Dr
Montgomery, AL 36117-6031

Alabama Rural Electric Credit Union is headquartered in Montgomery and is the 51st largest credit union in the state of Alabama. It is also the 2,787th largest credit union in the nation. It was established in 1969 and as of September of 2016, it had grown to 8 employees and 3,706 members at 1 location. Alabama Rural Electric Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership for Alabama Rural Electric CU is open to any current or retired employees, and the family members of said persons, that are currently working for or has worked for the Alabama Rural Electric Association, or any of their affiliated cooperatives.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Alabama Rural Electric Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #68624
Year Chartered1969
Employees8
Primary Regulator
Profit Margin
Return on Assets - YTD0.2%
Return on Equity - YTD1.79%
Annual Interest Income$790.00K
Assets and Liabilities
AssetsQ3 2016vs Q3 2015$33.2MM$32.9MM
LoansQ3 2016vs Q3 2015$15.3MM$13.8MM
DepositsQ3 2016vs Q3 2015$29.6MM$29.3MM
Equity CapitalQ3 2016vs Q3 2015$3.7MM$3.6MM
Loan Loss AllowanceQ3 2016vs Q3 2015$128.00K$135.00K
Unbacked Noncurrent LoansQ3 2016vs Q3 2015$48.00K$74.00K
Real Estate OwnedQ3 2016vs Q3 2015$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Alabama Rural Electric Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Alabama Rural Electric Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%--Club IRA
0.40%$2,500-Super Saver Account
0.25%--Christmas Club
0.10%--Regular Shares
0.10%--Vacation Club

Alabama Rural Electric Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%$50k-30 Month Jumbo Certificate
0.80%$5k-30 Monrh One Time Bump Up Certificate
0.75%$1k-30 Month Small Saver Certificate
0.75%$50k-18 Month Jumbo Certificate
0.70%$5k-18 Month One Time Bump Up Certificate
0.65%$1k-18 Month Small Saver Certificate
0.60%$50k-12 Month Jumbo Certificate
0.55%$1k-12 Month Small Saver Certificate
0.50%$50k-6 Month Jumbo Certificate
0.45%$1k-6 Month Small Saver Certificate

Alabama Rural Electric Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.00%--30 Month IRA
Locations


Alabama Rural Electric Credit Union Locations
Branch Office340 TechnaCenter DrMontgomery, AL 36117-6031