Alabama Rural Electric Credit Union

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

Alabama Rural Electric Credit Union is headquartered in Montgomery and is the 47th largest credit union in the state of Alabama. It is also the 2,705th largest credit union in the nation. It was established in 1969 and as of December of 2019, it had grown to 9 employees and 3,723 members at 1 location. Alabama Rural Electric Credit Union's CD rates are 73% higher than the national average, and it 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


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

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

NCUA #68624
Year Chartered1969
Primary Regulator
Profit Margin
Return on Assets - YTD0.59%
Return on Equity - YTD4.81%
Annual Interest Income$1.4MM
Assets and Liabilities
AssetsQ4 2019vs Q4 2018$34.5MM$33.8MM
LoansQ4 2019vs Q4 2018$24.5MM$22.7MM
DepositsQ4 2019vs Q4 2018$30.2MM$29.4MM
Equity CapitalQ4 2019vs Q4 2018$4.3MM$4.1MM
Loan Loss AllowanceQ4 2019vs Q4 2018$87.00K$146.00K
Unbacked Noncurrent LoansQ4 2019vs Q4 2018$153.00K$198.00K
Real Estate OwnedQ4 2019vs Q4 2018$0$0
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

0.80%--Club IRA
0.70%$2.5k-Super Saver Account
0.50%--Christmas Club
0.50%--Vacation Club
0.25%--Regular Shares

Alabama Rural Electric Credit Union CD Rates

1.76%$50k-30 Month Jumbo Certificate
1.66%$50k-18 Month Jumbo Certificate
1.61%$5k-30 Monrh One Time Bump Up Certificate
1.56%$50k-12 Month Jumbo Certificate
1.51%$5k-18 Month One Time Bump Up Certificate
1.36%$50k-6 Month Jumbo Certificate
1.31%$1k-30 Month Small Saver Certificate
1.21%$1k-18 Month Small Saver Certificate
1.11%$1k-12 Month Small Saver Certificate
1.00%$1k-6 Month Small Saver Certificate

Alabama Rural Electric Credit Union IRA Rates

1.66%$5k-30 Month One-Time Bump-Up IRA

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

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.