Family Security Credit Union is headquartered in Decatur and is the 13th largest credit union in the state of Alabama. It is also the 464th largest credit union in the nation. It was established in 1953 and as of June of 2024, it had grown to 210 employees and 88,929 members at 25 locations. Family Security Credit Union's CD rates are 5X the national average, and it has an A health rating.
Membership in Family Security Credit Union is available to individuals and businesses who live, work, worship, or attend school in 29 Alabama counties. In addition, employees and retirees of Ruby Tuesday, Inc., employees and retirees of Specialty Restaurant Group, Inc., and employees and retirees of the Compass Group family of companies, families of members, and organizations of such persons are also eligible for membership.
See current membership details
Overall | |
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NCUA # | 60605 |
Year Chartered | 1953 |
Employees | 210 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 2.09% |
Return on Equity - YTD | 13.24% |
Annual Interest Income | $20.8MM |
Assets and Liabilities | ||
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Assets | Q2 2024vs Q2 2023 | $959.1MM$939.5MM |
Loans | Q2 2024vs Q2 2023 | $454.3MM$444.7MM |
Deposits | Q2 2024vs Q2 2023 | $795.8MM$807.2MM |
Equity Capital | Q2 2024vs Q2 2023 | $151.2MM$125.6MM |
Loan Loss Allowance | Q2 2024vs Q2 2023 | $3MM$1.5MM |
Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $2.1MM$1.7MM |
Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.