Rooted in
Alabama

Alabama credit unions are invested in the local communities they serve.

Credit unions across the state of Alabama are empowering their local economies by providing vital products and services to underserved and rural communities, offering free access to financial education, protecting vulnerable consumers, and partnering with numerous local charitable initiatives. Credit unions are dedicated to helping Alabamians achieve the American Dream.

How Credit Unions Help Move Alabama Forward

Credit unions are not-for-profit financial cooperatives owned by and operated for the benefit of the members they serve.  Credit unions provide resources to their members and families to help them obtain financial well-being. This includes improving financial education, food security, housing security, and more. Learn how Alabama credit unions are working to achieve this mission from Alabama Credit Union President/CEO Steve Swofford.

Credit Unions in Alabama

Credit Union Members

Provide Financial Consulting

Amount of Small Business Loans

Total Economic Impact

ROOTED IN ALabama Communities

Here to help you when you need it most.

I am a Vietnam Veteran and due to injuries I received, I had to have a revision surgery. I had to file bankruptcy due to the medical expenses and the medication wasn’t covered by insurance. Alabama Teachers Credit Union stood side-by-side with me and my family to help us get through the tough times. Alabama Teacher’s Credit Union believed in me when it was difficult to believe in myself. They are a loyal and dependable friend.

Gregory S.Emblem Credit Union

“We’re so thankful for the relationship that we have with All In Credit Union. We
have a student-run credit union on the campus of George W. Long High School that is creating opportunities not just for our students, but also for this community. This community did not have a financial institution before this, so it’s a win-win. It’s a win for our students… and it’s also a win because this community now has a place where they can transact business.”

Ben B.All In Credit Union

“It’s very important in areas like Dothan and rural communities because a lot of these people don’t have any other options. We know the market, we know the people, we the families, and we take chances to keep that community going… if Five Star was not in these communities, these people would have to either go to larger banks that are not familiar with their area, not familiar with their jobs and their industries, or they may not have any options at all.”

Ann Marie C.Five Star Credit Union

Credit unions in Alabama are more than financial institutions – they’re community partners deeply rooted in local success. In 59 Alabama counties, our credit unions provide personalized financial services that directly respond to the unique needs of local residents and businesses.

We understand that economic challenges and opportunities vary throughout Alabama. That’s why our credit unions are committed to:

Providing financial education tailored to each community
Offering flexible lending options that consider local conditions
Supporting small businesses and entrepreneurs through specialized financial products and guidance
Reinvesting profits directly back into the communities where our members live and work

From the rural counties of southwest Alabama to the metropolitan areas around Birmingham and Huntsville, our credit unions are dedicated to empowering members with financial tools that make a real difference in their daily lives.

Moving Alabama’s economy forward…

Through jobs.

Credit unions support over 16,600 jobs in Alabama. Employees of credit unions help stimulate the local economy, pay state and local taxes, and contribute to the overall well-being of the state’s economy.

By putting more money into tax coffers.

Alabama credit unions and their members make substantial contributions to tax revenues. In the most recent tax year, Alabama credit unions generated over $373 million in federal and local tax revenue through their economic activities such as contracting employees, purchasing, and credit union employees spending in the local economy.

On the local level, over $3.6 billion was generated through their economic activity— all of which helps fund schools, roads, and other vital parts of our state’s economy and infrastructure.

Alabama credit unions also pay property taxes on their branch and office locations. These funds directly impact the local communities they serve.

By keeping more money right here at home.

Alabama’s not-for-profit, member-owned credit unions delivered $460.5 million in direct financial benefits to consumers in 2023. Not surprisingly, in 2023, memberships in the state’s credit unions increased by over 5% over the last year. More people are choosing credit unions every day.

Through education and financial literacy.

Credit unions proactively reach out to consumers to put them on a path to financial success and independence. Alabama credit unions played a key role in passing legislation to promote financial literacy in public high school classrooms, ensuring that students have the knowledge and tools needed to succeed before graduating.

Alabama credit unions, rooted in local communities in every corner of the state, often partner with local high schools to create student-run branches – furthering students’ understanding of the importance of finance.

STORY GALLERY

Credit unions understand life happens.
We’re here to help support you when it does.

Aileen | Five Star Credit Union

Aileen's mission: To brighten the future of the community she serves.

Austin | All In Credit Union

Austin brings a conversational approach to the student-run branch.

Caitlin | APCO Employees Credit Union

Caitlin explains how an employer-based credit union acts as a trusted resource.

Donna | Mayor of Wadley, AL

Donna explores how Wadley's only bank now serves the community as a credit union.

Michele | Sixth Avenue Baptist FCU

Michele outlines how a payday alternative offers assistance without predatory fees.

Shelley | Alabama Credit Union

Shelley details the transition from a community bank to a member-owned credit union.

Latest News

Rooted in
Alabama

Alabama credit unions are invested in the local communities they serve.

How Credit Unions Help Move Alabama Forward

Here to help you when you need it most.

Moving Alabama’s economy forward…

Credit unions understand life happens.
We’re here to help support you when it does.

Get the latest news from our community.

Everything Co-op Podcast: LSCU’s Michelle Roth on Advocacy and Legislative Achievements

Credit Unions Advance Legislative Priorities at the Alabama Advocacy Conference

LSCU Honors Alabama House Speaker Nathaniel Ledbetter as 2023 Lawmaker of the Year

LSCU Honors PAC Award Winners, Celebrating Commitment to Credit Union Advocacy

ATV Titling Legislation Passes in Alabama

Credit Unions Strive to Make a Difference in Their Local Communities

All In Credit Union Awards $450,000 in Grants

First Student-Ran Credit Branch Opens in Jackson County

Rooted in Alabama

Alabama credit unions are invested in the local communities they serve.

How Credit Unions Help Move Alabama Forward

Here to help you when you need it most.

Moving Alabama’s economy forward…

Credit unions understand life happens. We’re here to help support you when it does.

Get the latest news from our community.

Rooted in
Alabama

Credit unions understand life happens.
We’re here to help support you when it does.