North Alabama Educators Credit Union

Rated star_ratedstar_ratedstar_ratedstar_normalstar_normal by Credit Guide
Review based on 12 criteria Rating: 3 out of 5

PO Box 128, Huntsville, AL 35804

Website

(256) 534-2423

Data Source: NCUA, December 31, 2016


North Alabama Educators Credit Union was founded in 1957. Headquartered in Huntsville, Alabama, North Alabama Educators 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). North Alabama Educators 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, North Alabama Educators Credit Union services 10,220 members through its 4 offices and branches and 29 full-time and 4 part-time employees. It has $89,247,438 of total assets and $6,821,723 of net worth. Based on its asset size and net worth ratio, North Alabama Educators Credit Union is classified as a Well Capitalized medium credit union.

North Alabama Educators 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. North Alabama Educators Credit Union also provides an array of services to its members and local communities. To find out more, please go to the Services page.

The following two tables list the deplitory and loan interest rates of North Alabama Educators 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
0.0000
0.0000
0.0000
Savings
0.1500
0.2500
0.1200
Money Market
0.0000
0.3000
0.2500
Certificate Deplit
0.6000
0.6000
0.5800
IRA
0.2000
0.6000
0.5000

Major Loan Accounts and Interest Rates (%)

Interest Rate
Median Rates of Alabama
National Median Rates
Credit Cards
n/a
9.9900
9.9900
Unsecured Line of Credits
10.0000
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
2.2500
4.0000
3.3300
Used Car Loans
2.2500
5.3300
4.5000
1st Mortgage Real Estates
3.7500
4.5000
4.2500
Other Real Estates
5.0000
5.0000
4.7000

North Alabama Educators 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 North Alabama Educators Credit Union.

Electronic Banking Service Offerings

Membership Application
No
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
Yes
No
View Account History
Yes
No

As a community financial institution, North Alabama Educators Credit Union actively involves in local communities by prliding services such as financial education, and first tim home buyer programs.

Community and other Service Offerings

Financial Counselling
No
Bilingual Services
No
Free Bill Pay
Yes
Financial Education
Yes
In-School Branches
No
Free Tax Preparation Service
No
Financial Literacy Workshops
No
Student Scholarships
Yes
Insurance/Investment Sales
No
First Time Homebuyer Program
No
Athens Branch
107 Us Highway 31 S
Athens, AL 35611
Phone:256-232-3611

Madison Branch
7559 Highway 72 W Ste 114
Madison, AL 35758-8816
Phone:256-722-5046

Main Office
2309 Whitesburg Dr Se
Huntsville, AL 35801-3819
Phone:256-534-2423

Sparkman Branch
2100 Sparkman Dr Nw
Huntsville, AL 35810-3818
Phone:256-852-0408

(256) 532-0709

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  1. Credit Guide Staff
    Credit Guide Staff

    Last Updated on May 30, 2017

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