Mutual Savings Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.75% | Reward Checking | Rising Rewards Checking 1.92% - National Average |
| 1.35% | 5-year CD | 5 Year CD 2.50% - Ally Bank High Yield 5 Year CD |
| 0.80% | 1-year CD | 1 Year CD |
Mutual Savings Credit Union is headquartered in Hoover and is the 24th largest credit union in the state of Alabama. It is also the 1,151st largest credit union in the nation. It was established in 1936 and as of December of 2017, it had grown to 86 employees and 30,418 members at 9 locations. Mutual Savings Credit Union's money market rates are 59% higher than the national average, and it has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live, work, attend school or worship in Bibb, Blount, Autauga, Chilton, Clay, Dallas, Coosa, Shelby, Jefferson, St. Clair, Talladega, Walker, and Tuscaloosa Counties or within a 50-mile radius of Alexander City.
See current membership details
They Get 1 Star Because You Cant Go Lower!!!
Customer service at this bank is HORRIBLE!!! If you ever get anyone on the phone, let expect you to pay a $3.00 fee. Mrs. Jackson over in loans is the rudest person in the HISTORY of customer service . When I asked to speak to her supervisor after she started yelling at me, she replied by saying "I am someone else!". I was calling because they debited my account without my authorization...and got absolutely NOTHING resolved. Steer clear of this bank! I wouldn't finance a piece of bubble gum or give them 50 cents to put in an account with my name on it!!!!!!!!!
Bad Service
I have not been happy with the service the credit union provides. It is difficult to get anyone on the phone, or get a straight answer to any of my questions. If I could move my loan, I would.
Data as of Q4 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 60501 |
| Year Chartered | 1936 |
| Employees | 86 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.19% |
| Return on Equity - YTD | 2.22% |
| Annual Interest Income | $6.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2017vs Q4 2016 | $170.0MM$177.8MM |
| Loans | Q4 2017vs Q4 2016 | $126.6MM$128.2MM |
| Deposits | Q4 2017vs Q4 2016 | $142.3MM$145.4MM |
| Equity Capital | Q4 2017vs Q4 2016 | $14.8MM$14.7MM |
| Loan Loss Allowance | Q4 2017vs Q4 2016 | $1.1MM$1.1MM |
| Unbacked Noncurrent Loans | Q4 2017vs Q4 2016 | $1.9MM$1.6MM |
| Real Estate Owned | Q4 2017vs Q4 2016 | $1.9MM$2.5MM |
Always verify rates and promotions with the bank or credit union. We are not Mutual Savings 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.
Mutual Savings Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.10% | $100 | - | Christmas Club | |
| 0.10% | $100 | - | IRA Club | |
| 0.10% | $100 | - | Basic Club | |
| 0.10% | $100 | - | Share Savings Account | |
| 0.10% | $100 | - | Vacation Club | |
| 0.05% | $2,500 | - | Super Saver Clubs |
Mutual Savings Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.70%* | $100k* | - | Select Money Market | ||
| OTHER TIERS: 0.35% → $2,500 - $25k | 0.45% → $25k - $75k | 0.60% → $75k - $100k | |||||
| 0.15%* | $25k* | - | Business Money Market | ||
| OTHER TIERS: 0.10% → $5k - $25k | |||||
Mutual Savings Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | - | $25k | Rising Rewards Checking - Qualifying | ||
| OTHER TIERS: 0.10% → $25k+ | |||||
| 0.10% | $20k | - | Vision Business Checking | ||
Mutual Savings Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.35% | - | - | 5 Year CD | |
| 0.95% | - | - | 3 Year CD | |
| 0.90% | - | - | 2 Year CD | |
| 0.80% | - | - | 1 Year CD | |
| 0.45% | - | - | 6 Month CD |
Mutual Savings Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.35% | - | - | 5 Year IRA | |
| 0.95% | - | - | 3 Year IRA | |
| 0.90% | - | - | 2 Year IRA | |
| 0.80% | - | - | 1 Year IRA | |
| 0.45% | - | - | 6 Month IRA |
| Mutual Savings Credit Union Locations | ||
|---|---|---|
| Branch Office | 199 Bessemer Super Hwy | Birmingham, AL 35228-2101 |
| Branch Office | 1501 7th St S | Clanton, AL 35045-8785 |
| Branch Office | 3596 Pelham Pkwy | Pelham, AL 35124-2034 |
| Branch Office | 907 Medical Center Pkwy | Selma, AL 36701-6746 |
| Branch Office | 136 Marketplace Cir Ste D | Calera, AL 35040 |
| Branch Office | 1030 Lee St | Alexander City, AL 35010-2655 |
| Branch Office | 2040 Valleydale Rd | Hoover, AL 35244-2006 |
| Branch Office | 3000 Winewood Rd | Birmingham, AL 35215 |
| Branch Office | 16072 Highway 216 | Brookwood, AL 35444 |