MAX Credit Union

Overview / Commentary

www.mymax.com

334-260-2600

400 Eastdale Cir
Montgomery, AL 36117

MAX Credit Union is headquartered in Montgomery and is the 5^th largest credit union in the state of Alabama. It is also the 217^th largest credit union in the nation. It was established in 1955 and as of December of 2020, it had grown to 305 employees and 116,418 members at 19 locations. MAX Credit Union's money market rates are 7X the national average, and it boasts an A+ health rating.

Field of Membership Restrictions

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

MAX Credit Union's Elevate Money Market Has Competitive Blended APY - 12/29/2020

MAX Credit Union (AL/GA) Elevate Money Market earns higher rates on smaller balances. The blended APYs are very competitive for balances under $50k.

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2020
2019

12/29 - MAX Credit Union's Elevate Money Market Has Competitive Blended APY

11/20 - Elevate Money Market Earns 5% APY On Your First $2,500

Reviews (1)

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Love Max Credit Union!

Posted by: JT | Jul 16, 2014

Max Credit Union is the best financial institution I have done business with. Unlike many banks that charge outrageous fees, I have not had this problem with Max. They really work with customers when it comes to loans. I have very limited credit and could not secure auto financing. Max Credit Union was more than happy to approve me and at a reasonably low interest rate. They're Great!

Comment

Health

A+

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
NCUA #	68575
Year Chartered	1955
Employees	305
Primary Regulator

Profit Margin
Return on Assets - YTD	0.63%
Return on Equity - YTD	4.93%
Annual Interest Income	$50.8MM

Assets and Liabilities
Assets	Q4 2020vs Q4 2019	$1.77B$1.46B
Loans	Q4 2020vs Q4 2019	$940.7MM$925.4MM
Deposits	Q4 2020vs Q4 2019	$1.53B$1.24B
Equity Capital	Q4 2020vs Q4 2019	$221.6MM$204.8MM
Loan Loss Allowance	Q4 2020vs Q4 2019	$14.2MM$10.6MM
Unbacked Noncurrent Loans	Q4 2020vs Q4 2019	$8.7MM$14.4MM
Real Estate Owned	Q4 2020vs Q4 2019	$0$213.00K

Rates

Skip to rates for:

Savings
Money Market
Checking
CD
IRA

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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.

MAX Credit Union Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.20%^*	$2.5k^*	-	Share Account
OTHER TIERS: 0.10% → $100 - $2.5k
0.20%^*	$2.5k^*	-	Club Accounts
OTHER TIERS: 0.10% → $100 - $2.5k

MAX Credit Union Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
3.00%^*	-	$2.5k	Elevate Money Market
OTHER TIERS: 0.50% → $15k+ \| 1.00% → $5k - $15k \| 2.00% → $2.5k - $5k
0.50%^*	$100k^*	-	Performance MMA
OTHER TIERS: 0.20% → $1 - $5k \| 0.25% → $5k - $25k \| 0.40% → $25k - $100k
0.50%^*	$100k^*	-	Business MMA
OTHER TIERS: 0.20% → $1 - $5k \| 0.25% → $5k - $25k \| 0.40% → $25k - $100k
0.30%	$2.5k	-	Private Reserve MMA

MAX Credit Union Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME
2.25%^*	$1	$15k	Achieve Checking - Qualifying
OTHER TIERS: 0.25% → $15k+
0.20%	$1.5k	-	Perform Checking
0.20%^*	$50k^*	-	Aspire+
OTHER TIERS: 0.05% → $2.5k - $10k \| 0.10% → $10k - $25k \| 0.15% → $25k - $50k
0.20%	-	-	Business MAXI CHECK
0.20%	-	-	Non Profit MAXI CHECK

MAX Credit Union CD Rates

APY	MIN	MAX	ACCOUNT NAME
1.00%	$500	$100k	Business 60 Month Share Certificate
0.90%	$100k	-	60 Month Jumbo Share Certificate
0.90%	$500	$100k	60 Month Share Certificate
0.80%	$500	$100k	Business 24 Month Share Certificate
0.80%	$500	$100k	Business 30 Month Share Certificate
0.80%	$500	$100k	Business 36 Month Share Certificate
0.80%	$100k	-	48 Month Jumbo Share Certificate
0.80%	$500	-	48 Month Share Certificate
0.80%	$500	-	Business 48 Month Share Certificate
0.70%	$100k	-	36 Month Jumbo Share Certificate
0.70%	$500	$100k	36 Month Share Certificate
0.70%	$10k	-	39 Month Smart Bump Up Share Certificate
0.60%	$100k	-	24 Month Jumbo Share Certificate
0.60%	$100k	-	30 Month Jumbo Share Certificate
0.60%	$500	$100k	24 Month Share Certificate
0.60%	$500	$100k	30 Month Share Certificate
0.60%	$500	$100k	Business 18 Month Share Certificate
0.50%	$100k	-	18 Month Jumbo Share Certificate
0.50%	$500	$100k	18 Month Share Certificate
0.50%	$500	$100k	Business 12 Month Share Certificate
0.40%	$100k	-	12 Month Jumbo Share Certificate
0.40%	$500	$100k	12 Month Share Certificate
0.40%	$500	$100k	Business 6 Month Share Certificate
0.30%	$100k	-	6 Month Jumbo Share Certificate
0.30%	$500	$100k	6 Month Share Certificate
0.30%	$500	$100k	Business 90 Day Share Certificate
0.20%	$100k	-	90 Day Jumbo Share Certificate
0.20%	$500	$100k	90 Day Share Certificate

MAX Credit Union IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.70%	$5	-	30 Month Fixed Rate IRA
0.60%	$5	-	18 Month Fixed Rate IRA
0.50%	$5	-	12 Month Fixed Rate IRA
0.40%	$5	-	6 Month Variable Rate IRA

Locations

Availability

Montgomery Area

Montgomery Area bank & credit union details

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