Alabama Rural Electric Credit Union

Popular Accounts at this Credit Union

APY	ACCOUNT TYPE	ACCOUNT NAME
0.55%	1-year CD	12 Month Small Saver Certificate 1.50% - Ally Bank No Penalty 11-Month CD
0.10%	Savings	Regular Shares 1.15% - CIT Bank Spring Savings
0.80%	3-year CD	30 Monrh One Time Bump Up Certificate 1.85% - Synchrony Bank 36 Month CD

View all Alabama Rural Electric Credit Union rates »

Overview / Commentary

www.arecu.net

334-215-7328

340 TechnaCenter Dr
Montgomery, AL 36117-6031

Alabama Rural Electric Credit Union is headquartered in Montgomery and is the 51^st largest credit union in the state of Alabama. It is also the 2,849^th largest credit union in the nation. It was established in 1969 and as of March of 2017, it had grown to 7 employees and 3,727 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

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Health

B

Data as of Q1 2017

Learn why bank health matters

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 Chartered	1969
Employees	7
Primary Regulator

Profit Margin
Return on Assets - YTD	0.3%
Return on Equity - YTD	2.58%
Annual Interest Income	$280.00K

Assets and Liabilities
Assets	Q1 2017vs Q1 2016	$32.4MM$33.3MM
Loans	Q1 2017vs Q1 2016	$16.6MM$13.9MM
Deposits	Q1 2017vs Q1 2016	$28.7MM$29.5MM
Equity Capital	Q1 2017vs Q1 2016	$3.7MM$3.6MM
Loan Loss Allowance	Q1 2017vs Q1 2016	$131.00K$142.00K
Unbacked Noncurrent Loans	Q1 2017vs Q1 2016	$51.00K$91.00K
Real Estate Owned	Q1 2017vs Q1 2016	$0$0

Rates

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Alabama Rural Electric Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
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

APY	MIN	MAX	ACCOUNT NAME
1.00%	$1k	-	30 Month Small Saver Certificate
0.85%	$50k	-	30 Month Jumbo Certificate
0.80%	$5k	-	30 Monrh One Time Bump Up 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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
1.00%	-	-	30 Month IRA

Locations

Alabama Rural Electric Credit Union Locations
Branch Office	340 TechnaCenter Dr	Montgomery, AL 36117-6031