New Horizons Credit Union is headquartered in Mobile and is the 21st largest credit union in the state of Alabama. It is also the 1,073rd largest credit union in the nation. It was established in 1950 and as of December of 2021, it had grown to 66 employees and 25,485 members at 7 locations. New Horizons Credit Union has an A health rating.
Membership is open to those who live, work, worship or attend school in Escambia, Santa Rosa or Okaloosa counties in Florida or Mobile, Baldwin, Washington, Clarke, Escambia, or Monroe counties in Alabama.
See current membership details
Overall | |
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NCUA # | 60799 |
Year Chartered | 1950 |
Employees | 66 |
Primary Regulator |
Profit Margin | |
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Return on Assets - YTD | 0.59% |
Return on Equity - YTD | 7.69% |
Annual Interest Income | $5.9MM |
Assets and Liabilities | ||
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Assets | Q4 2021vs Q4 2020 | $259.2MM$233.4MM |
Loans | Q4 2021vs Q4 2020 | $124.9MM$126.9MM |
Deposits | Q4 2021vs Q4 2020 | $240.1MM$213.5MM |
Equity Capital | Q4 2021vs Q4 2020 | $19.7MM$17.3MM |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $340.00K$831.00K |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $332.00K$292.00K |
Real Estate Owned | Q4 2021vs Q4 2020 | $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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.20% | $25 | - | IRA Share Account | |
0.10% | $25 | - | Savings Account | |
0.10% | $25 | - | Christmas Account | |
0.10% | $25 | - | Vacation Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.45%* | $100k* | - | Money Market Account | ||
OTHER TIERS: 0.10% → $2.5k - $10k | 0.20% → $10k - $25k | 0.30% → $25k - $50k | 0.40% → $50k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.00%* | - | $10k | Ultimate Dividend Checking | ||
OTHER TIERS: 0.25% → $10k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.50% | $500 | - | 36 Month IRA | |
0.40% | $500 | - | 24 Month IRA | |
0.30% | $500 | - | 12 Month IRA |
New Horizons Credit Union Locations | ||
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Branch Office | 6320 Airport Blvd | Mobile, AL 36608 |
Branch Office | 103 Saraland Blvd S | Saraland, AL 36571-2833 |
Branch Office | 5501 Willis Rd | Theodore, AL 36582 |
Branch Office | 7146 Stone Dr | Daphne, AL 36526-4825 |
Branch Office | 3385 Schillinger Rd N Ste 19 | Semmes, AL 36575-5494 |
Branch Office | 622 Azalea Rd | Mobile, AL 36609-1530 |
Branch Office | 1225 Forest Ave | Jackson, AL 36545-2929 |