Alabama Central Credit Union Muscle Shoals AL | Affordable Auto Loans & Business Banking

Introduction

Welcome to Alabama Central in Muscle Shoals, where our commitment to your financial well-being drives everything we do! Located at 743 Avalon Ave, Muscle Shoals, AL 35661, we've been proudly serving our community since 1938. With over 21,533 members and a robust asset base of $199,689,295, we are dedicated to providing personalized service and innovative financial solutions that truly meet your needs. At Alabama Central, we believe in the power of community and strive to create a welcoming environment for everyone. While you can visit us at our branch for all your banking needs, please send any official correspondence to our mailing address at 743 East Avalon Ave, Muscle Shoals, AL 35662. Under the leadership of CEO Brad Haddock and Board President Kaitlyn Brown, our team of 56 employees is here to help you navigate your financial journey with confidence. Whether you're looking for auto loans or personal banking services, we've got you covered. Our total deposits stand at $16,974,971, allowing us to offer competitive rates on loans and deposits alike. With a net worth of $17,998,825 and cash in hand totaling $2,076,417, we are positioned to support our members effectively. We understand that each member's needs are unique; that's why we offer a wide range of services from checking accounts to business loans and everything in between. We invite you to explore all that Alabama Central has to offer by visiting our website at alabamacentral.org or calling us at 256-381-1914. Come experience the difference of being part of a credit union that truly cares about its members!

Branch History & Mission

At Alabama Central, our journey began in 1938 when we opened our doors to the community of Muscle Shoals, AL. Over the decades, we've grown from a small credit union into a trusted financial partner for over 21,000 members. Our commitment to serving the needs of our community has always been at the heart of what we do. Located at 743 Avalon Ave, Muscle Shoals, AL 35661, our branch is easy to find and conveniently situated near local landmarks that many residents recognize. We pride ourselves on being more than just a financial institution; we are a part of this vibrant community. While members can visit us at our branch address, official correspondence should be sent to 743 East Avalon Ave, Muscle Shoals, AL 35662. Our mission is clear: to provide exceptional financial services while supporting the growth and well-being of our members and the communities we serve. This means offering competitive products such as checking and savings accounts, auto loans, mortgage financing, and personal loans with an emphasis on customer service. We believe that everyone deserves access to reliable financial solutions that help them achieve their goals. As we have evolved over the years, Alabama Central has embraced digital advancements to better serve our members. With online banking options, mobile payments, and e-statements available, managing finances has never been easier. Our branch also features ATM availability and drive-thru banking for added convenience. We ensure that all our services are accessible to everyone in compliance with ADA standards. In addition to providing financial services, we actively engage in community outreach efforts. We partner with local organizations and participate in events that promote education and economic development within Muscle Shoals and beyond. By investing in our community, we strive to make a positive impact on the lives of those around us. We invite you to join us at Alabama Central and experience firsthand the benefits of membership. Whether you're looking for a reliable bank for your personal or business needs or want to connect with a community-focused institution, we are here for you. Come visit us during our operating hours Monday through Friday from 9 AM to 5 PM or call us at 256-381-1914 for more information. Together, let's build a stronger future!

Branch Location & Accessibility

Welcome to Alabama Central, your friendly neighborhood credit union located at 743 Avalon Ave in Muscle Shoals, Alabama. Our branch is not just a place for banking; it's a hub of convenience nestled in the heart of Colbert County. Whether you're coming from the nearby Muscle Shoals High School or enjoying a day out at Wilson Lake Park, we are easy to reach and ready to serve you. At Alabama Central, accessibility is key. Our location offers ample parking and is equipped with features that comply with ADA standards, ensuring everyone can visit us comfortably. If you prefer to bank without stepping inside, our drive-thru service makes it simple to handle your transactions quickly. And yes, we also have an ATM on-site for those quick cash needs. While our branch address is 743 Avalon Ave, official correspondence should be directed to 743 East Avalon Ave, Muscle Shoals, AL 35662. This way, you'll always have your important mail sent to the right place! We invite you to visit us during our convenient operating hours: Monday through Friday from 9 AM to 5 PM. Our friendly staff is here to assist you with personal banking services like checking and savings accounts, auto loans, mortgage refinancing, and more. Plus, if you're a member of another participating credit union, feel free to utilize our shared service center for basic transactions. If you have any questions or need assistance before your visit, don't hesitate to call us at 256-381-1914. We look forward to welcoming you in person soon!

Member Eligibility

At Alabama Central, we believe that everyone deserves a chance to be part of our welcoming community. Becoming a member is straightforward and inclusive! If you live, work, worship, or attend school in the area around Muscle Shoals, you are likely eligible to join us. We embrace individuals from all walks of life and offer a variety of financial services tailored just for you. For more detailed eligibility requirements, feel free to check out our resource at . Joining Alabama Central not only grants you access to exceptional banking services but also opens doors to opportunities like lower loan rates and personalized financial advice. The process of opening an account is simple and can be done online through this link: https://secure.alabamacentral.org/alabamacentralonlinebanking/sdk/autoenrollmente2e. If you have any questions or need assistance, don't hesitate to reach out to us at (256) 381-1914. We're here to help you take the first step toward a brighter financial future!

Business Banking & Commercial Services

Merchant Services That Matter

In addition to loans, we offer merchant services that simplify transactions and improve cash flow. Picture this: a customer makes a purchase at your store, and with just a swipe, the payment is processed quickly and securely. Our merchant solutions not only enhance your customer's experience but also streamline your operations. Visit us at 743 Avalon Ave Muscle Shoals Al 35661 in Muscle Shoals, AL, or call us at (256) 381-1914 to explore how we can support your business dreams today!

Tailored Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $135 in commercial loans for our members, helping businesses scale and succeed. - With an outstanding commercial loan portfolio of $15,437,869, we continue to drive economic growth by financing new and expanding businesses. Imagine having the funds to invest in new equipment or hire additional staff. That's what our loans can do for you. Our team is ready to work with you, ensuring you find the right fit for your financial needs.

Comprehensive List Of Services

Business Banking

For entrepreneurs and business owners, Alabama Central offers robust business banking solutions, including merchant services and business loans designed to help you grow and manage your business effectively. We understand that running a business comes with unique challenges, and we're here to support you every step of the way.

Convenient Digital Banking

In today's fast-paced world, convenience is key. That's why we have made banking easier than ever with our online and mobile banking features. Access your accounts anytime, anywhere whether it's checking balances or transferring funds with just a few taps on your smartphone. You can also enjoy hassle-free transactions with our ATM services for cash withdrawals or balance checks.

Credit Cards & Rewards

Don't forget about our credit cards with rewards! These cards not only help you make purchases but also earn points towards exciting rewards that enhance your shopping experience.

Drive-Thru & Shared Services

If you prefer face-to-face interactions, visit us during lobby hours or use our convenient drive-thru service for quick transactions like deposits or withdrawals without leaving your vehicle. Additionally, we offer basic shared branch transactions for members of partner credit unions, making it easy for everyone in the community to access their funds. At Alabama Central in Muscle Shoals, we believe that exceptional service should be accessible to everyone. If you're ready to explore how we can assist you further, don't hesitate to reach out! Call us at 256-381-1914 or visit our website at alabamacentral.org today!

Personal Banking Solutions

Our personal banking services are designed with you in mind. We offer checking and savings accounts that fit your lifestyle and help you manage your day-to-day finances effortlessly. If you're thinking about purchasing a vehicle, consider our auto loans and vehicle financing options, which provide competitive rates and flexible terms to make your next ride attainable. For those who are ready to invest in their dream home, our mortgage loans and refinancing services can guide you through the process smoothly, ensuring that you find the right solution that fits your budget. If you're dealing with debt or need extra cash for unexpected expenses, our personal loans and debt consolidation options can be a lifeline, allowing you to regain control over your finances.

Digital & Online Banking

Key Features

Our online platform allows you to access your accounts anytime, anywhere. Whether you want to check your balance, transfer funds, or pay bills, it's all just a few clicks away. If you're on the go, our mobile application makes banking even easier. You can handle transactions right from your smartphone and enjoy features like mobile payments for quick purchases. We also value security. With electronic signature authorization available at Alabama Central, you can confidently sign documents digitally without the need for paper forms. Plus, e-statements are an option, allowing you to receive your account statements electronically no more waiting for the mail!

Real-Time Management

Need to send money to a friend? Our person-to-person transfer feature lets you do that instantly, making it easy to split bills or send gifts without any hassle. Everything is designed to give you real-time control over your finances while keeping everything secure. In today's fast-paced world, we believe that banking should be straightforward and accessible. At Alabama Central, we're committed to providing you with user-friendly tools that make financial management easier than ever before. Join us today and take advantage of these convenient digital services!

Financial Strength

At Alabama Central, financial security is not just a goal it's a promise. Our members count on us for stability, and we take that responsibility seriously. We are committed to providing you with the trust and reliability you deserve in your financial partner. Our performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. With a net worth of $17,998,825, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. This solid foundation is further emphasized by our net worth ratio of 900, ensuring that we can continue providing loans and competitive savings rates even during uncertain economic times. Members' savings are secured through $21,885,792 in share certificates and $7,965,632 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members; with non-member deposits at $9,812,000, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $17,732,369 in undivided earnings, we reinvest in innovative banking tools and stronger lending options to serve our members better. Our lending capacity is robust, supporting members' financial goals across various sectors with $2,653 in used auto loans and a total of $146,570,767 in loans and leases. Our operational efficiency is reflected in our net income of $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 50 full-time employees and 6 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable and committed team. Total Share Accounts stand at an impressive 27,082, showcasing a strong and growing member base that trusts us with their finances. Our net shares available for lending and investments amount to $0, indicating a focus on member-driven initiatives rather than external borrowing. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Alabama Central is your trusted partner. Visit us at 743 Avalon Ave Muscle Shoals Al 35661 or call 256-381-1914 to learn more about how we can help you achieve your financial goals.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $43,370,932 in used vehicle loans and $10,706,277 in new vehicle loans already helping members get on the road. Whether you're interested in purchasing a brand-new model or opting for a reliable used vehicle, we have financing options designed to fit your budget and lifestyle.

Business Loans

For business owners looking to expand or improve their operations, our outstanding commercial loans totaling $15,437,869 provide the capital needed to grow. We're committed to supporting local businesses and contributing to the economic health of our community.

Eligibility and Refinancing Options

If you're considering applying for any of these loan products or exploring refinancing options, don't hesitate to reach out! Our friendly staff at 743 Avalon Ave Muscle Shoals Al 35661 is ready to assist you. You can also give us a call at 256-381-1914 during our lobby hours from Monday to Friday between 9 AM and 5 PM. For more information about our services or to start your application process online, visit us at Alabama Central. Remember, all performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. No matter what type of loan you are looking for auto loans, mortgages, personal loans or business financing we're here to support you every step of the way!

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $5,688,878, which can help you secure the home of your dreams. Our knowledgeable team is here to guide you through the process and ensure that you understand all available options.

Unsecured Credit Card Loans

Managing your finances effectively is essential. We also offer flexible terms on unsecured credit card loans, with a total of $4,631,557 in loans helping members handle everyday expenses without added stress. These credit cards come with competitive rates and rewards that make them even more appealing.

Loan Aggregator

Accurate Loan Comparisons

LendMesh ensures accurate loan comparisons by sourcing data directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards. This means that the offers you see are based on the latest results and regulations (Source: https://www.ncua.gov). With LendMesh, users can trust they are receiving fair and transparent offers.

Benefits of Using LendMesh

- Verified Data: All loan offers come from legitimate financial institutions, ensuring transparency in your choices. - No Sponsored Listings: Unlike many comparison tools, LendMesh does not prioritize lenders based on paid promotions. The goal here is to provide unbiased results that truly reflect the best options available. - Real-Time Rate Comparisons: Get up-to-date loan rates from multiple institutions at any time, helping you make informed decisions about your financial future. Thousands of users trust LendMesh for loan comparisons. One satisfied member shared, "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" Ready to take control of your borrowing options? Compare real-time loan offers today at LendMesh and find the best rates for your needs. *Disclaimer: Loan approvals and interest rates are subject to creditworthiness, income verification, and applicable federal and state regulations. Rates may vary based on financial institution guidelines.*

Alabama Central