Eco Credit Union

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A short history of Eco CU

Since its inception in 1979 the Eco 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 Joey Hand, the Eco CU has grown its membership to over 15,779 with assets of more than $136,943,670. They have a main office and 6 branch offices. Please see the credit unions website or contact them by phone at (205) 226-3900 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 BIRMINGHAM, AL.

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

Charter Number 65464
Address PO BOX 2385 
State Alabama 
Zip-Code 35201
Phone Number (205) 226-3900
Fax Number (205) 226-3932
Email Address:
CEO/President Joey Hand
Members 15,779 
Full-Time Employees 38 
Part-Time Employees
Number of Branch Offices
Total Assets 136,943,670 

Compare Eco Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Alabama Postal CU Alabama Postal Credit Union postal Credit Union 351 24th St N 35202 (205) 252-4812 No 0.12
Jefferson Credit Union CU Hoover 5261 Ross Bridge Pkwy 35226 (205) 444-4528 No 0.34
Apco Employees CU Jasper 706 20th Ave E 35501 (205) 221-4238 No 0.69
Social Security CU Social Security Credit Union 1200 Reverend Abraham Woods Jr Blvd 35201 (205) 323-7028 No 0.77
City Of B'ham General Employees CU City of Birmingham General Employees Credit Union 708 17th St N 35203 (205) 583-4654 No 0.86

Eco Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Eco 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 8.00 4.39 5.27 4.00 4.31
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 91 328 358 138 140
Rank Among All Alabama Credit Unions 3 38 36 12 12

Eco Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 0.35 0.40 0.40
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 89 284 243
Rank Among All Alabama Credit Unions 8 16 10 35 26
Eco Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 8.0001,4832,979,789
All Other Unsecured Loans/Lines of Credit 12.0002,3476,815,288
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 4.39061510,257,524
Used Vehicle Loans 5.2701,67315,917,887
Total 1st Mortgage Real Estate Loans/Lines of Credit 4.00024421,394,549
Total Other Real Estate Loans/Lines of Credit 4.310741,265,995
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.2102862,779,184
TOTAL LOANS & LEASES 6,72261,410,216

Eco 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 0000
    b. 15 Years or less 16110,177,2445250,650
    a. > 15 years 457,120,5675859,910
    b. 15 Years or less 213,680,07581,599,300
Other Fixed Rate 0000
Adjustable Rate 1 yr or less 17416,66300
Adjustable Rate > 1 yr 0000


Closed-End Fixed Rate 30329,900145,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 44936,0956394,000
Open-End Fixed Rate 0000
TOTALS 31822,660,544253,148,860


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

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