Family Savings Credit Union


Overview / Commentary
256-543-9530
711 E Meighan Blvd
Gadsden, AL 35903

Family Savings Credit Union is headquartered in Rainbow City and is the 12th largest credit union in the state of Alabama. It is also the 439th largest credit union in the nation. It was established in 1951 and as of June of 2024, it had grown to 269 employees and 76,188 members at 12 locations. Family Savings Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership in Family Savings Credit Union is open to those who live, work, worship, attend school, or regularly conduct business in the Alabama counties of Blount, Calhoun, Cherokee, Cleburne, Cullman, DeKalb, Etowah, Jackson, Madison, Marshall, Morgan, St. Clair, or Talladega. Individuals who live or work in the Georgia counties of Bartow, Carroll, Catoosa, Chattooga, Cherokee, Cobb, Dade, Douglas, Floyd, Gordon, Haralson, Murray, Paulding, Polk, Whitfield, or Walker also qualify for membership.
See current membership details

Related Posts

Family Savings Credit Union (AL/GA) Adds Rate-Leading 18-Month CD - 11/30/2023

Family Savings Credit Union (AL/GA) has added a limited-time 18-month CD Special with a rate-leading APY. $500 minimum opening deposit. Also as an IRA CD Special.

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Health
B+

Health Grade Components

Overall
NCUA #68628
Year Chartered1951
Employees269
Primary Regulator
Profit Margin
Return on Assets - YTD0.84%
Return on Equity - YTD9.67%
Annual Interest Income$28.6MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$1.02B$878.2MM
LoansQ2 2024vs Q2 2023$812MM$741.7MM
DepositsQ2 2024vs Q2 2023$854.3MM$730MM
Equity CapitalQ2 2024vs Q2 2023$87.5MM$78.3MM
Loan Loss AllowanceQ2 2024vs Q2 2023$6.2MM$5.1MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$7.8MM$4.8MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates

Rates for Family Savings Credit Union are currently being reviewed.

Locations

Availability



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