MAX Credit Union is headquartered in Montgomery and is the 5th largest credit union in the state of Alabama. It is also the 213th largest credit union in the nation. It was established in 1955 and as of March of 2022, it had grown to 298 employees and 117,857 members at 18 locations. MAX Credit Union's money market rates are 7X the national average, and it has an A health rating.
Membership in MAX Credit Union is open to those who live, work, attend school, or worship in the Alabama counties of Autauga, Bullock, Butler, Chambers, Chilton, Coosa, Crenshaw, Dallas, Elmore, Lee, Lowndes, Macon, Montgomery, Pike, Russell, Shelby, or Tallapoosa, or the Georgia counties of Chattahoochee, Harris, Marion, Muscogee, or Troup.
See current membership details
Overall | |
---|---|
NCUA # | 68575 |
Year Chartered | 1955 |
Employees | 298 |
Primary Regulator |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.6% |
Return on Equity - YTD | 6.82% |
Annual Interest Income | $12.4MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q1 2022vs Q1 2021 | $2.06B$1.88B |
Loans | Q1 2022vs Q1 2021 | $944.0MM$941.2MM |
Deposits | Q1 2022vs Q1 2021 | $1.86B$1.65B |
Equity Capital | Q1 2022vs Q1 2021 | $178.5MM$206.3MM |
Loan Loss Allowance | Q1 2022vs Q1 2021 | $10.7MM$14.0MM |
Unbacked Noncurrent Loans | Q1 2022vs Q1 2021 | $3.0MM$6.1MM |
Real Estate Owned | Q1 2022vs Q1 2021 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not MAX Credit Union; 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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.15%* | $2.5k* | - | Share Account | ||
OTHER TIERS: 0.08% → $100 - $2.5k | |||||
0.15%* | $2.5k* | - | Club Accounts | ||
OTHER TIERS: 0.08% → $100 - $2.5k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.75% | $5 | - | 30 Month Fixed Rate IRA | |
0.65% | $5 | - | 18 Month Fixed Rate IRA | |
0.55% | $5 | - | 12 Month Fixed Rate IRA | |
0.40% | $5 | - | 6 Month Variable Rate IRA |