ASE Credit Union (AL)


Overview / Commentary
334-270-9011
1000 Interstate Park Dr
Montgomery, AL 36109

ASE Credit Union (AL) is headquartered in Montgomery and is the 17th largest credit union in the state of Alabama. It is also the 814th largest credit union in the nation. It was established in 1954 and as of June of 2023, it had grown to 116 employees and 44,590 members at 10 locations. ASE Credit Union (AL)'s savings rates are 5X the national average, and it has a B health rating.

Field of Membership Restrictions

Membership in ASE Credit Union is open to those who live, work, worship, or attend school in the Alabama counties of Autauga, Bullock, Butler, Chilton, Crenshaw, Dallas, Elmore, Lowndes, Macon, Montgomery, or Pike. Employees and retirees of the State of Alabama also qualify for membership, as do employees of ARSEA, ASEA, or Troy University (Montgomery).
See current membership details

Reviews (2)

Great local banking

I love this credit union. It's a small, local one in my area of Alabama. The people there are super-friendly and helpful. While they don't always have all the things that the big banks offer, they make up for it with small-town charm. They have good rates and a decent checking account.

Why I love my ASE Credit Union

I opened an account with Alabama Credit Union, ASE in Wetumpka, Alabama, back in 2004. Having moved from a large city in another state I enjoyed the 'hometown' feel of this branch. The customer service was great. I found it much easier to communicate and do business with a community institution. It was easier to go in and speak with someone and develop a personal relationship with the staff as opposed to calling or the dreaded automated system. When I needed to take out a loan, I was no stranger. I was addressed by my first name and the bank manager himself helped me through the process. The fees are much more reasonable than a regular bank and the interest rate was a tad higher. They offered good choices on what type of banking I needed, including free checking, and checks. They even helped me formulate a financial plan of sorts to accomplish my goals. I have since moved and really miss the people at that particular branch.
A couple of months ago, I wanted to open an account with Guardian Credit Union in the city I currently reside. People I work with said they were good. I cannot believe that I went into the branch twice and they were so busy I was never waited on. They are VERY understaffed. All in all I prefer to do business with a credit union.



Health

Health Grade Components

Overall
NCUA #64598
Year Chartered1954
Employees116
Primary Regulator
Profit Margin
Return on Assets - YTD1.38%
Return on Equity - YTD15.99%
Annual Interest Income$9.6MM
Assets and Liabilities
AssetsQ2 2023vs Q2 2022$416.6MM$433.2MM
LoansQ2 2023vs Q2 2022$263.8MM$245.3MM
DepositsQ2 2023vs Q2 2022$378.1MM$398.8MM
Equity CapitalQ2 2023vs Q2 2022$36.1MM$32.6MM
Loan Loss AllowanceQ2 2023vs Q2 2022$0$2.9MM
Unbacked Noncurrent LoansQ2 2023vs Q2 2022$583.00K$368.00K
Real Estate OwnedQ2 2023vs Q2 2022$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not ASE Credit Union (AL); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

ASE Credit Union (AL) Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.53%*$5k*-Super Saver
OTHER TIERS: 1.51% Up to $5k
1.51%$100-Super Saver IRA
1.00%*-$50kKasasa Saver
OTHER TIERS: 0.25% $50k+
0.15%--Business Super Saver
0.10%$5-ASE Share Savings
0.10%$10k-Christmas Club
0.10%$10k-Vacation Club
0.10%$100-ASE Businesss Savings

ASE Credit Union (AL) Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.02%*-$20kKasasa Cash Checking
OTHER TIERS: 0.25% $20k+
0.20%*$10k*-Share Draft Checking (ASE Checking)
OTHER TIERS: 0.05% Up to $1k | 0.10% $1k - $10k
0.10%$10k-ASE Businesss Checking Plus

ASE Credit Union (AL) CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.29%$500-18 Month Share Certificate
3.03%$500-5 Year Share Certificate
2.78%$500-1 Year Share Certificate
2.78%$500-4 Year Share Certificate
2.52%$500-3 Year Share Certificate
2.27%$500-6 Month Share Certificate
2.27%$10k-3 Year Step Up Share Certificate
2.02%$500-2 Year Share Certificate
0.85%$500-Business 5 Year Share Certificate
0.75%$500-Business 4 Year Share Certificate
0.40%$500-Business 3 Year Share Certificate
0.20%$500-Business 2 Year Share Certificate
0.05%$500-Business 1 Year Share Certificate

ASE Credit Union (AL) IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.78%$500-4 Year IRA Certificate
2.52%$500-3 Year IRA Certificate
2.02%$500-2 Year IRA Certificate
Locations


Cities: Clanton, Greenville, Millbrook, Montgomery, Prattville, Selma, Wetumpka

Clanton Branches
Branch Office1400 Woodfin Ln Ste DClanton, AL 35045-8746

Greenville Branches
Branch Office631 Willow Ln Ste NGreenville, AL 36037

Millbrook Branches
Branch Office74 Dudley DrMillbrook, AL 36054

Montgomery Branches
Branch Office1000 Interstate Park DrMontgomery, AL 36109
Branch Office800 Washington AveMontgomery, AL 36104
Branch Office9190 Eastchase PkwyMontgomery, AL 36117
Corporate Office4217 Lomac StMontgomery, AL 36106

Prattville Branches
Branch Office2132 Cobbs Ford RdPrattville, AL 36066-7700

Selma Branches
Branch Office1102 Singleton DrSelma, AL 36703

Wetumpka Branches
Branch Office825 Wilson StWetumpka, AL 36092

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