Alabama Teachers Credit Union

  • +1

A short history of Alabama Teachers CU

Since its inception in 1959 the Alabama Teachers Credit Union has been serving its members in the GADSDEN, 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 Ron Summerall Summerall, the Alabama Teachers CU has grown its membership to over 24,514 with assets of more than $289,432,766. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (256) 543-7040 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 GADSDEN, AL.

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

Charter Number 67252
Address P O BOX 1400 
State Alabama 
Zip-Code 35902
Phone Number (256) 543-7040
Fax Number (256) 439-3699
Email Address: none
CEO/President Ron Summerall Summerall
Members 24,514 
Full-Time Employees 70 
Part-Time Employees
Number of Branch Offices
Total Assets 289,432,766 

Compare Alabama Teachers Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Family Savings CU Cartersville 10 Fox Chase 30120 (770) 382-9597 No 1.56
Winsouth CU COLLINSVILLE 5674 AL Highway 68 35961 (256) 543-7302 No 2.14
Landmark CU Landmark Credit Union 5705 Valley Rod 35064 (205) 783-9100 No 18.33
Northeast Alabama Postal CU Northeast Alabama POstal FCU 200 S Quintard Ave 36202 (256) 237-4259 No 25.92
Fort Mcclellan CU JACKSONVILLE 1204 CHURCH AVE SE 36265 (256) 435-5741 No 26.06

Alabama Teachers Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Alabama Teachers 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 11.90 2.25 2.75 4.50 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 406 57 71 205 38
Rank Among All Alabama Credit Unions 23 7 7 16 1

Alabama Teachers 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 0.10 0.35 0.15
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 95 134 293 276
Rank Among All Alabama Credit Unions N/A 16 21 36 33
Alabama Teachers Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 11.9003,6317,832,514
All Other Unsecured Loans/Lines of Credit 14.1502,1917,437,559
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 2.25061614,685,291
Used Vehicle Loans 2.7503,32843,123,955
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.5001,320119,005,413
Total Other Real Estate Loans/Lines of Credit 3.25042311,704,728
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.25068110,760,501
TOTAL LOANS & LEASES 12,190214,549,961

Alabama Teachers 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 4237,5321664
    b. 15 Years or less 64941,147,033976,904,150
    a. > 15 years 101,656,06000
    b. 15 Years or less 444,026,043250,540
Other Fixed Rate 284,045,5882543,992,083
Adjustable Rate 1 yr or less 001823
Adjustable Rate > 1 yr 58567,893,15710310,510,834


Closed-End Fixed Rate 9386,4887135,996
Closed-End Adjustable Rate 15,76400
Open-End Adjustable Rate 41311,312,4765792,540,192
Open-End Fixed Rate 0000
TOTALS 1,743130,710,1411,04424,135,282


Interest Only & Payment Option 1st Mortgage Loans 394,679,4413,930,088
Interest Only & Payment Option Other RE/LOC Loans 122,019,6021,138,471
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Alabama Teachers 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 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 No
No Surcharge ATMs No
Home Banking Via Internet Website Yes