Listerhill Credit Union is headquartered in Muscle Shoals and is the 7th largest credit union in the state of Alabama. It is also the 367th largest credit union in the nation. It was established in 1952 and as of September of 2021, it had grown to 245 employees and 92,622 members at 16 locations. Listerhill Credit Union has an A health rating.
Membership in Listerhill Credit Union is open to those who live, work, or attend school in the Alabama counties of Colbert, Cullman, Fayette, Franklin, Lamar, Lauderdale, Lawrence, Limestone, Marion, Morgan, Walker, or Winston, or in Maury County, Tennessee. Membership is also open to employees of 3M Company, Jimmy Dean Foods, and more than 200 other area Select Employer Groups. (A complete list of groups is listed on the credit union's online application.)
See current membership details
I have been a member of Listerhill Credit Union since I was 17. When I got my first job, I opened up a checking account at Listerhill to deposit my pay checks. It took me a little while to get a handle on the finance and banking world. I made a few mistakes in the first year and overdrew my account a couple of times by mistake. I was charged a fee for that, but it was my own fault. I then opened up a saving's account with Listerhill because their Saving's account rates are better than any other financial institution where I live. I try to keep a decent balance in that saving's account and it is always awesome when I see that I get a couple of extra bucks at the end of the quarter because of the high interest rate!
|Return on Assets - YTD||0.59%|
|Return on Equity - YTD||7.71%|
|Annual Interest Income||$27.3MM|
|Assets and Liabilities|
|Assets||Q3 2021vs Q3 2020||$1.12B$1.01B|
|Loans||Q3 2021vs Q3 2020||$750.7MM$675.6MM|
|Deposits||Q3 2021vs Q3 2020||$1.03B$926.2MM|
|Equity Capital||Q3 2021vs Q3 2020||$86.0MM$81.8MM|
|Loan Loss Allowance||Q3 2021vs Q3 2020||$3.6MM$5.2MM|
|Unbacked Noncurrent Loans||Q3 2021vs Q3 2020||$1.6MM$2.5MM|
|Real Estate Owned||Q3 2021vs Q3 2020||$188.00K$597.00K|
Rates for Listerhill Credit Union are currently being reviewed.