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 2,844th largest credit union in the nation. It was established in 1969 and as of December of 2016, it had grown to 7 employees and 3,719 members at 1 location. Alabama Rural Electric Credit Union has a B health rating.
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
|Return on Assets - YTD||0.29%|
|Return on Equity - YTD||2.51%|
|Annual Interest Income||$1.1MM|
|Assets and Liabilities|
|Assets||Q4 2016vs Q4 2015||$31.6MM$32.1MM|
|Loans||Q4 2016vs Q4 2015||$15.8MM$13.8MM|
|Deposits||Q4 2016vs Q4 2015||$28.0MM$28.7MM|
|Equity Capital||Q4 2016vs Q4 2015||$3.7MM$3.6MM|
|Loan Loss Allowance||Q4 2016vs Q4 2015||$130.00K$136.00K|
|Unbacked Noncurrent Loans||Q4 2016vs Q4 2015||$87.00K$123.00K|
|Real Estate Owned||Q4 2016vs Q4 2015||$0$0|
Rates for Alabama Rural Electric Credit Union are currently being reviewed.
|Alabama Rural Electric Credit Union Locations|
|Branch Office||340 TechnaCenter Dr||Montgomery, AL 36117-6031|