Electrical Workers No 558 Federal Credit Union


Overview / Commentary
256-383-6551
1705 E 17th St
Sheffield, AL 35660

Electrical Workers No 558 Federal Credit Union is headquartered in Sheffield and is the 47th largest credit union in the state of Alabama. It is also the 2,525th largest credit union in the nation. It was established in 1958 and as of March of 2025, it had grown to 3 employees and 2,632 members at 1 location. Electrical Workers No 558 Federal Credit Union's CD rates are 4X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Membership is open to members of the International Brotherhood of Electrical Workers Local Union No. 558.
See current membership details

Reviews

No reviews have been left for this bank yet. Be the first to review.



Health
B+
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. Electrical Workers No 558 Federal Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #12478
Year Chartered1958
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD2.27%
Return on Equity - YTD12.32%
Annual Interest Income$624K
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$44.8MM$42.7MM
LoansQ1 2025vs Q1 2024$23.7MM$24.6MM
DepositsQ1 2025vs Q1 2024$36.4MM$35.2MM
Equity CapitalQ1 2025vs Q1 2024$8.2MM$7.3MM
Loan Loss AllowanceQ1 2025vs Q1 2024$160K$126K
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$8K$6K
Real Estate OwnedQ1 2025vs Q1 2024$0$0
Rates
Skip to rates for:
Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Electrical Workers No 558 Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.

Electrical Workers No 558 Federal Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$25-Regular Shares Account

Electrical Workers No 558 Federal Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.35%$0-6 Month Certificate
3.30%$0-12 Month Certificate
3.25%$0-15 Month Certificate
3.00%$0-18 Month Certificate
3.00%$0-24 Month Certificate
2.75%$0-60 Month Certificate
2.75%$0-36 Months Certificate
2.75%$0-48 Month Certificate
Locations


Electrical Workers No 558 Federal Credit Union Locations
Branch Office1705 E 17th StSheffield, AL 35660-2517

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.