Featured Savings Rates
Featured Accounts

Alabama Rural Electric Credit Union

Popular Accounts at this Credit Union

APYACCOUNT TYPEACCOUNT NAME
0.75%1-year CD12 Month Small Saver Certificate
0.10%SavingsRegular Shares
1.26%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 50th largest credit union in the state of Alabama. It is also the 2,832nd largest credit union in the nation. It was established in 1969 and as of June of 2017, it had grown to 7 employees and 3,735 members at 1 location. Alabama Rural Electric Credit Union's CD rates are 11% 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

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Health
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
Employees7
Primary Regulator
Profit Margin
Return on Assets - YTD0.44%
Return on Equity - YTD3.77%
Annual Interest Income$566.00K
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$32.6MM$33.0MM
LoansQ2 2017vs Q2 2016$18.2MM$14.7MM
DepositsQ2 2017vs Q2 2016$28.5MM$29.2MM
Equity CapitalQ2 2017vs Q2 2016$3.8MM$3.6MM
Loan Loss AllowanceQ2 2017vs Q2 2016$130.00K$151.00K
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$177.00K$28.00K
Real Estate OwnedQ2 2017vs Q2 2016$0$0
Rates
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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
1.56%$50k-30 Month Jumbo Certificate
1.46%$5k-30 Monrh One Time Bump Up Certificate
1.36%$50k-18 Month Jumbo Certificate
1.26%$1k-30 Month Small Saver Certificate
1.26%$5k-18 Month One Time Bump Up Certificate
1.11%$1k-18 Month Small Saver Certificate
1.00%$50k-12 Month Jumbo Certificate
0.75%$1k-12 Month Small Saver Certificate
0.55%$1k-6 Month Small Saver Certificate
0.50%$50k-6 Month Jumbo Certificate

Alabama Rural Electric Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.66%--30 Month IRA
Locations


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