ALABAMA STATE EMPLOYEES CREDIT UNION

Welcome to Alabama State Employees, your trusted partner in financial wellness since 1954. Nestled in the heart of Montgomery, AL, at 4217 Lomac St, Montgomery, AL 36106, we are dedicated to serving our growing community of over 42,776 members with personalized banking solutions designed to empower you. With a robust total asset base of $401,869,684 and total deposits reaching $20,873,043, we strive to provide stability and growth for all our members. At Alabama State Employees, we understand that each member's journey is unique. Whether you're looking to secure a loan among our 21,498 loans and leases currently in place or simply want to manage your savings effectively with our extensive range of services, we're here to support you every step of the way. Our commitment is reflected in our strong net worth of $49,626,997 and cash on hand totaling $5,470,977, ensuring that we can meet your needs today and in the future. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 4217 Lomac St, Montgomery, AL 36106. Our friendly team of 124 employees, led by CEO Shannon Watkins and Board President Carol Preston, is eager to assist you during our operating hours from Monday through Friday from 8 AM to 5 PM. Join us as we continue making a positive impact within our community. Reach out today at (334) 420-7466 or explore more about our offerings at yourasecu.com. We look forward to welcoming you into the Alabama State Employees family!

Becoming a member of Alabama State Employees is like joining a family that truly cares about your financial well-being. To qualify for membership, you simply need to be an employee or retiree of the State of Alabama, a member of certain associations, or a family member of an existing member. It's all about creating a community where everyone can support one another. You can find detailed eligibility requirements by visiting this link. Once you see that you fit the criteria, opening an account is straightforward and welcoming. Just head over to this page to get started on your application. If you have any questions along the way, feel free to reach out to us at (334) 420-7466. We're excited to welcome you to our vibrant community at Alabama State Employees, located at 4217 Lomac St Montgomery Al 36106!

At Alabama State Employees, 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 proud to highlight our financial strength, which reflects our commitment to providing you with reliable services and support. With a net worth of $49,626,997, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,234 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times. Members' savings are secured through $27,041,922 in share certificates and $144,425,713 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $0, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks. With $37,255,462 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our strong lending capacity is evident with $9,490 in used auto loans and $278,690,065 in total loans and leases, supporting your financial goals across various sectors. Our operational efficiency is reflected in our $2,926,040, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 122 full-time employees and 2 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team. Our net shares (funds available for lending and investments) stand at $7,715,388, further showcasing our ability to help you achieve your financial dreams. The trust placed in us by our growing member base is evident with a total of 80,777 share accounts. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Alabama State Employees is your trusted partner. Visit us at 4217 Lomac St Montgomery Al 36106 or call (334) 420-7466 to learn more about how we can help you achieve your financial goals. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov , based on the latest results.

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