A L E C FEDERAL CREDIT UNION

At A L E C, we pride ourselves on being a trusted financial partner for our members since our establishment in 1968. Located in the heart of Baton Rouge, LA, we are committed to empowering our community through exceptional service and innovative banking solutions. Under the leadership of CEO Tanya Carroll and Board President Joe Lee, our mission revolves around providing accessible financial services tailored to meet the needs of our members, including military personnel and their families. As a federally insured credit union since January 4, 1971, by the NCUA, we ensure that your deposits are secure and protected.

Our members enjoy a range of modern banking tools designed for convenience and ease of use. With online banking capabilities, person-to-person transfers, e-statements, and more, managing your finances has never been easier. Although we currently do not offer mobile payments or a mobile application, our commitment to innovation means we are always exploring ways to enhance your banking experience. Visit us online at https://www.alecfcu.com/ or contact us via fax at 2252933467 to learn more about how A L E C can support your financial journey. We look forward to serving you with a member-first approach that prioritizes your needs and fosters lasting relationships.

At A L E C, we are committed to providing a comprehensive suite of financial services that cater to the diverse needs of our members in Baton Rouge and beyond. Our offerings include Personal Banking with Checking and Savings Accounts, Auto Loans and Vehicle Financing, Mortgage Loans and Refinancing, as well as Personal Loans and Debt Consolidation. For those looking to manage their small businesses, our Business Banking services encompass Merchant Services and Business Loans. With a focus on convenience, we also provide essential services like ATM & Cash Withdrawal Services and Credit Cards with Rewards.

In today's digital age, managing your finances should be seamless and straightforward. That's why we offer robust Online Banking capabilities that empower our members to conduct transactions from the comfort of their homes or on the go. While we currently do not have a mobile application, our Person-to-Person Transfer service ensures that sending money to friends or family is hassle-free. We also provide E-Statements for easy access to your account information without the clutter of paper statements. If you're considering how our services can help you plan for life milestones or grow your business, we invite you to explore membership qualifications at http://www.alecfcu.com/about.php#membership . To further assist you in making informed decisions about loans, check out options available through https://www.lendmesh.com/loans/mortgage_loans . For any personal support or inquiries, feel free to reach out via fax at (225) 293-3467. We are here to help you achieve your financial goals with confidence and ease.

A L E C Federal Credit Union has built a strong reputation as a trusted financial partner in the community, reflecting its commitment to member service and financial stability. With a total membership of 725, A L E C is dedicated to providing personalized banking solutions that cater to the unique needs of its members. The credit union boasts total assets amounting to 6,394,857, showcasing its robust financial foundation that allows it to support various lending and investment opportunities.

The net worth of A L E C stands at 1,886,791, further emphasizing its sound financial health and ability to serve its members effectively. Transparency is paramount, and this credit union ensures that every member understands their financial standing; they have achieved a remarkable net worth ratio of 2,950, which positions them favorably within the industry. While maintaining a small team with just 2 employees, A L E C remains committed to delivering exceptional service.

In terms of lending capacity, A L E C has effectively managed a total loans and leases portfolio of 189. This includes an impressive auto loan volume of 8 vehicles financed, demonstrating their ability to provide accessible financing solutions for members looking to purchase or refinance vehicles. Additionally, with a credit card loan volume reaching 158, A L E C offers competitive options for those seeking flexible spending solutions.

With no outstanding commercial loans or borrowings, A L E C exemplifies prudent management and responsible lending practices. This not only ensures the safety of member deposits, totaling 686,470, but also reflects the institution's commitment to enhancing the financial well-being of its community.

Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov . For those looking for tailored financing options, compare real-time loan offers today at https://www.lendmesh.com/loans/mortgage_loans and discover the best rates for your needs.