1st Resource Credit Union

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A short history of 1st Resource CU

Since its inception in 1940 the 1st Resource Credit Union has been serving its members in the BIRMINGHAM, Alabama area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Rick Miller, the 1st Resource CU has grown its membership to over 2,384 with assets of more than $36,309,385. They have a main office and 2 branch offices. Please see the credit unions website or contact them by phone at (205) 944-1192 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BIRMINGHAM, AL.

General Information For 1st Resource CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 64232
Address 47 W OXMOOR RD 
State Alabama 
Zip-Code 35209
Phone Number (205) 944-1192
Fax Number (205) 944-1196
Email Address: none
CEO/President Rick Miller
Members 2,384 
Full-Time Employees
Part-Time Employees
Number of Branch Offices
Total Assets 36,309,385 
Website http://www.my1resourcecu.com 

Compare 1st Resource Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Sixth Avenue Baptist CU SIXTH AVENUE BAPTIST FCU 1101 MARTIN LUTHER KING JR DR 35211 (205) 322-6654 No 2.33
New Pilgrim CU Main Office 641 Goldwire Way SW 35211 (205) 326-3852 No 2.40
Health CU main office 1400 6TH Ave S 35233 (205) 930-1213 No 2.67
S R I Employees CU Location of Records 2011 9th Ave S Ste 200C 35205 (205) 250-5182 No 2.72
Federal Employees CU Federal Employees Credit Union 1509 4th Ave S 35233 (205) 322-4026 No 2.85

1st Resource Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

1st Resource Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.90 3.90 3.90 4.25 3.25
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 243 262 190 174 38
Rank Among All Alabama Credit Unions 15 30 18 15 1

1st Resource Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.75 N/A 1.00 2.76
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions N/A 46 N/A 174 11
Rank Among All Alabama Credit Unions N/A 6 N/A 17 1
1st Resource Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.900385633,680
All Other Unsecured Loans/Lines of Credit 10.9001,1673,402,944
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.9001592,724,142
Used Vehicle Loans 3.9009237,746,588
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.25014216,028,355
Total Other Real Estate Loans/Lines of Credit 3.25050967,405
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 10.9002111,340,286
TOTAL LOANS & LEASES 3,03732,843,400

1st Resource Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 322,735,4334677,800
    b. 15 Years or less 0000
    a. > 15 years 0000
    b. 15 Years or less 10913,223,168121,972,200
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 169,75400


Closed-End Fixed Rate 0000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 0000
Open-End Fixed Rate 50967,405266,121
TOTALS 19216,995,760182,716,121


Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

1st Resource Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay No
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing No
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes