Railroad Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 1.71% | 5-year CD | 60 Month CD 2.35% - Synchrony Bank 60 Month CD |
| 1.05% | 1-year CD | 12 Month CD 1.50% - Ally Bank No Penalty 11-Month CD |
| 0.70% | Savings | Regular Shares |
Railroad Federal Credit Union is headquartered in Irondale and is the 31st largest credit union in the state of Alabama. It is also the 1,534th largest credit union in the nation. It was established in 1956 and as of June of 2017, it had grown to 8 employees and 5,359 members at 1 location. Railroad Federal Credit Union's savings rates are 35% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership is open to Norfolk Southern employees working out of Norris Yard in Irondale, Alabama, their immediate family, and to employees of the City of Irondale and Morris Shea Bridge.
See current membership details
Nice One-Location CU
Their rate competitiveness has gone down, so I have only had the minimum deposit for about a year now. I've previously held a couple CDs and my first car loan was with these guys. Until recently, this was where I held my emergency fund.
It's a small, single-location credit union. There is no online account access although you can do a lot of on the phone. As far as customer service, they'll remember your name by your third visit and the bank manager will probably be the person you get bumped to if the teller can't help.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 11176 |
| Year Chartered | 1956 |
| Employees | 8 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.06% |
| Return on Equity - YTD | 0.49% |
| Annual Interest Income | $995.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2017vs Q2 2016 | $108.4MM$106.6MM |
| Loans | Q2 2017vs Q2 2016 | $13.9MM$14.5MM |
| Deposits | Q2 2017vs Q2 2016 | $95.2MM$92.7MM |
| Equity Capital | Q2 2017vs Q2 2016 | $12.9MM$13.7MM |
| Loan Loss Allowance | Q2 2017vs Q2 2016 | $112.00K$113.00K |
| Unbacked Noncurrent Loans | Q2 2017vs Q2 2016 | $55.00K$40.00K |
| Real Estate Owned | Q2 2017vs Q2 2016 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Railroad Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
Railroad Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.95% | - | - | Regular IRA Shares | |
| 0.70% | - | - | Regular Shares |
Railroad Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $2k | - | Crescent Checking |
Railroad Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 1.71% | $1k | - | 60 Month CD | |
| 1.63% | $1k | - | 48 Month CD | |
| 1.46% | $1k | - | 36 Month CD | |
| 1.36% | $1k | - | 30 Month CD | |
| 1.26% | $1k | - | 24 Month CD | |
| 1.11% | $1k | - | 18 Month CD | |
| 1.05% | $1k | - | 12 Month CD | |
| 0.70% | $1k | - | 6 Month CD |
| Railroad Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1808 2nd Ave S | Irondale, AL 35210-1512 |