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 1.35% - Ally Bank High Yield 12-Month CD |
| 0.10% | Savings | Regular Shares 1.05% - Ally Bank Online Savings Account |
| 0.80% | 3-year CD | 30 Monrh One Time Bump Up Certificate 1.60% - Ally Bank High Yield 3 Year CD |
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.
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
Data as of Q4 2016
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68624 |
| Year Chartered | 1969 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| 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 |
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
| APY | MIN | MAX | ACCOUNT NAME | VIEW 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
Alabama Rural Electric Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.00% | - | - | 30 Month IRA |
| Alabama Rural Electric Credit Union Locations | ||
|---|---|---|
| Branch Office | 340 TechnaCenter Dr | Montgomery, AL 36117-6031 |