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Overview / Commentary
256-383-7940
1604 Gusmus Ave
Muscle Shoals, AL 35661

Railway Employees Credit Union is headquartered in Muscle Shoals and is the 68th largest credit union in the state of Alabama. It is also the 3,501st largest credit union in the nation. It was established in 1935 and as of September of 2017, it had grown to 3 employees and 1,606 members at 2 locations. Railway Employees Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership is open to current or former employees of Norfolk Southern Railway.
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Health
B+
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Railway Employees Credit Union has a low asset base.

Health Grade Components

Overall
NCUA #61474
Year Chartered1935
Employees3
Primary Regulator
Profit Margin
Return on Assets - YTD0.24%
Return on Equity - YTD1.08%
Annual Interest Income$388.00K
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$18.6MM$18.4MM
LoansQ3 2017vs Q3 2016$7.1MM$7.5MM
DepositsQ3 2017vs Q3 2016$14.2MM$14.0MM
Equity CapitalQ3 2017vs Q3 2016$4.2MM$4.2MM
Loan Loss AllowanceQ3 2017vs Q3 2016$40.00K$41.00K
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$24.00K$0
Real Estate OwnedQ3 2017vs Q3 2016$0$0
Rates
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Railway Employees Credit Union Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.25%--Daily Action Saving Account
0.25%--Share (Saving) Account

Railway Employees Credit Union CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$10k-1Year CD
0.30%$2,500-6 Month CD

Railway Employees Credit Union IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.25%--30 Month IRA
Locations


Railway Employees Credit Union Locations
Branch Office1604 Gusmus AveMuscle Shoals, AL 35661
Branch Office5600 Crooks Rd Ste 101Troy, MI 48098