Alabama Credit Union

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A short history of Alabama CU

Since its inception in 1956 the Alabama Credit Union has been serving its members in the TUSCALOOSA, 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 Stephen Swofford, the Alabama CU has grown its membership to over 71,130 with assets of more than $772,844,160. They have a main office and 25 branch offices. Please see the credit unions website or contact them by phone at (205) 348-5944 or email them at to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in TUSCALOOSA, AL.

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

Charter Number 60823
Address P. O. BOX 862998 
State Alabama 
Zip-Code 35486
Phone Number (205) 348-5944
Fax Number (205) 348-7456
Email Address:
CEO/President Stephen Swofford
Members 71,130 
Full-Time Employees 208 
Part-Time Employees 20 
Number of Branch Offices 25 
Total Assets 772,844,160 

Compare Alabama Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Riverfall CU Northport Office 1615 McFarland Blvd 35403 (205) 759-1505 No 0.08
City CU MAIN 2302 JACK WARNER PKWY 35401 (205) 349-4209 No 0.22
Tuscaloosa CU Skyland 2925 Skyland Blvd E 35405 (205) 469-0083 No 0.55
Dch CU Office 1008 Veterans Memorial Pkwy 35404 (205) 759-7317 No 2.85
Alabama One CU Skyland East 3700 Skyland Blvd E 35405 (205) 759-1595 No 3.02

Alabama Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Alabama 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 12.00 4.00 5.00 4.00 6.00
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 411 282 324 138 341
Rank Among All Alabama Credit Unions 24 33 33 12 34

Alabama Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate N/A 0.25 0.35 0.85 0.85
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 95 89 198 179
Rank Among All Alabama Credit Unions N/A 16 10 22 16
Alabama Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 12.0009,68711,506,326
All Other Unsecured Loans/Lines of Credit 12.0006,20712,189,115
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 6.0003268,142,530
New Vehicle Loans 4.0001,37722,553,345
Used Vehicle Loans 5.0005,60671,484,084
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.0001,413196,225,652
Total Other Real Estate Loans/Lines of Credit 6.00038713,322,314
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 8.00099513,130,962
TOTAL LOANS & LEASES 25,998348,554,328

Alabama 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 16754,703112,302,020
    b. 15 Years or less 1,120124,434,4215812,590,086
    a. > 15 years 15247,496,43282,321,677
    b. 15 Years or less 12523,540,096112,446,111
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 0000
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 6171,28100
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 38113,151,033461,304,961
Open-End Fixed Rate 0000
TOTALS 1,800209,547,96613420,964,855


Interest Only & Payment Option 1st Mortgage Loans 103,812,4411,432,535
Interest Only & Payment Option Other RE/LOC Loans 181,252,1360
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

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