Alabama State Employees Credit Union

Rated star_ratedstar_ratedstar_ratedstar_rated_halfstar_normal by Credit Guide
Review based on 12 criteria Rating: 3.5 out of 5

PO Box 231150, Montgomery, AL 36123-1150

Website

(334) 270-9011

Data Source: NCUA, December 31, 2016


Alabama State Employees Credit Union was founded in 1954. Headquartered in Montgomery, Alabama, Alabama State Employees Credit Union is a state chartered and federally insured credit union, being chartered in Alabama and insured through the National Credit Union Share Insurance Fund (NCUSIF). Alabama State Employees Credit Union is also a member of the Federal Home Loan Bank (FHLB), which allows a credit union to access low cost secured borrowings or advances and prlides its members with financial products and services that assist and enhance the financing of housing and community lending.

As of December 31, 2016, Alabama State Employees Credit Union services 31,396 members through its 6 offices and branches and 90 full-time and 2 part-time employees. It has $249,392,341 of total assets and $28,140,390 of net worth. Based on its asset size and net worth ratio, Alabama State Employees Credit Union is classified as a Well Capitalized medium large credit union.

Alabama State Employees Credit Union offers a number of deposit and loan products to its members. To find out how competitive the offers are, please go to the Interest Rates page. Alabama State Employees Credit Union also provides an array of services to its members and local communities. Alabama State Employees Credit Union plans to extend its services by adding more branches or service centers in the next 12 month. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of Alabama State Employees Credit Union’s popular offerings. You can find out how competitive the offerings are by comparing them to the median interest rates offered by credit unions in Alabama and in the nation.

Major Deplitory Accounts and Interest Rates (%)

Interest Rate
Median of Alabama
Median of USA
Checking
0.1500
0.0000
0.0000
Savings
0.2500
0.2500
0.1200
Money Market
0.3000
0.3000
0.2500
Certificate Deplit
0.7900
0.6000
0.5800
IRA
0.9800
0.6000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Alabama
National Median Rates
Credit Cards
9.4500
9.9900
9.9900
Unsecured Line of Credits
7.2500
12.3550
10.9500
Short-term Small Amount
n/a
26.0000
25.0000
Student Loans
n/a
6.0000
6.0200
New Car Loans
3.8300
4.0000
3.3300
Used Car Loans
4.8600
5.3300
4.5000
1st Mortgage Real Estates
5.7300
4.5000
4.2500
Other Real Estates
6.7900
5.0000
4.7000

Alabama State Employees Credit Union prlides a number of ways to access its services. In addition to its office and branches, a member can perform banking through Internet, phones, ATMs, and mobile devices. The table below lists the electronic banking services prlided by Alabama State Employees Credit Union.

Electronic Banking Service Offerings

Membership Application
Yes
Yes
Share Account Transfers
Yes
New Loan Application
Yes
Share Draft Orders
Yes
No
New Share Account
No
Bill Payment
Yes
No
e-Statements
Yes
Loan Payments
Yes
No
Account Balance Inquiry
Yes
No
No
View Account History
Yes
No

As a community financial institution, Alabama State Employees Credit Union actively involves in local communities by prliding services such as financial counseling, financial education, financial literacy workshops, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
Yes
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
Yes
Student Scholarships
Yes
Insurance/Investment Sales
Yes
First Time Homebuyer Program
No
Eastchase
9190 Eastchase Pkwy
Montgomery, AL 36117
Phone:334-270-9011

Interstate
Main Office

1000 Interstate Park Dr
Montgomery, AL 36109
Phone:334-270-9011

Millbrook
74 Dudley Dr
Millbrook, AL 36054
Phone:334-270-9011

Prattville
2132 Cobbs Ford Rd
Prattville, AL 36066-7700
Phone:334-270-9011

Washington
800 Washington Ave
Montgomery, AL 36104
Phone:334-270-9011

Wetumpka
825 Wilson St
Wetumpka, AL 36092
Phone:334-270-9011

(334) 270-9158

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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