America's First Federal Credit Union

Overview / Commentary
1200 4th Ave N
Birmingham, AL 35203

America's First Federal Credit Union is headquartered in Birmingham and is the 4th largest credit union in the state of Alabama. It is also the 184th largest credit union in the nation. It was established in 1936 and as of September of 2022, it had grown to 389 employees and 194,961 members at 21 locations. America's First Federal Credit Union has an A health rating.

Field of Membership Restrictions

Membership in America's First Federal Credit Union is open to those who live, work, worship, or attend school in Bibb, Blount, Calhoun, Chilton, Jefferson, Shelby, St. Clair, or Walker Counties and certain areas of Mobile and Talladega Counties in Alabama.
See current membership details

Reviews (3)

Great Credit Union

Posted by: |

This is the best credit union I have used. It is 2 miles from my house so very convenient to drive to. The customer service is outstanding. Free cashier's checks are available when you have a checking or savings account with them. Also, free ATM usage for their customers. I have excellent service from their bank tellers. The fees are none if you maintain your account there. I have not checked on Money Market, CDs or IRAs but I will in the future. I have used credit unions in the past but this is the BEST!

America's First, a credit union for you

Posted by: |

I have been a member of this credit union for over 35 years. I have had a student loan, car loan, as well as checking and savings accounts. My mother has had accounts and loans from them for over 45 years. Unlike banks, they are much more personal and friendly. Also, your account comes with a small life insurance policy.

America's First Will Not Reemburse Stolen Funds

Posted by: |

While on hospice, with only days to live, America's First allowed almost 500.00 to be stolen from my mother’s account. It was taken by a nonexistent company. The only information they had was her debit card number. We saw the 2 thefts on her statement, called the branch and disputed the stolen withdrawals. 1 theft was fixed but, over 350.00 was not corrected.
My mother died a few day later. Once I received her death certificate, I went to the credit union to close the account. While handling the paperwork, I pointed out that they had not corrected 1 of disputed charges. I found out America's First had lost the dispute claim. They are now refusing to reimburse the stolen funds.
Summary: America's First allowed money to be stolen by a fake company.
They did not complete the dispute claim.
They then LOST the dispute claim.
They are now refusing to reimburse the stolen funds.
I requested to speak with a manager, I was told someone would call me later, another lie.
At no point, have they offered an apology for their negligence or, for the distress they caused a dying woman and her grieving daughter.
You might as well keep your funds in a standard bank. America’s First did not protect money they were entrusted with and have demonstrated they do not care about their members.


Health Grade Components

NCUA #24534
Year Chartered1936
Primary Regulator
Profit Margin
Return on Assets - YTD0.14%
Return on Equity - YTD1.46%
Annual Interest Income$41.9MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$2.33B$2.16B
LoansQ3 2022vs Q3 2021$1.51B$1.23B
DepositsQ3 2022vs Q3 2021$2.09B$1.92B
Equity CapitalQ3 2022vs Q3 2021$219.5MM$223.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$5.1MM$5.4MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$4.5MM$4.0MM
Real Estate OwnedQ3 2022vs Q3 2021$0$391.00K

Rates for America's First Federal Credit Union are currently being reviewed.



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