Alabama State Employees Credit Union Hoover AL | Best Auto Loans & Business Banking

Introduction

Welcome to Alabama, your trusted financial partner located at 2675 Valleydale Rd, Hoover, AL 35244. Established in 1956, our commitment to serving the community has only strengthened over the years. With a proud membership of 146,607 and total assets reaching an impressive $1,923,885,152, we are dedicated to providing our members with a range of reliable financial services tailored to meet their needs. At Alabama, we understand that every member's journey is unique. That's why we offer personal banking solutions including checking and savings accounts, auto loans, mortgage refinancing, and credit cards with rewards. Additionally, our business banking services support local enterprises with merchant services and business loans. Whether you prefer in-person visits or online transactions through our website at alabamacu.com, we're here for you. Our CEO, Stephen Swofford, and Board President, Ron Dulek, lead a team of 390 employees who are passionate about helping you achieve your financial goals. We pride ourselves on maintaining a strong net worth of $182,824,392 and ensuring that our members have access to over $80,198,128 in deposits. While members can visit us at our branch for all their banking needs, official correspondence should be sent to 2675 Valleydale Rd, Indian Springs Village, AL 35124. Feel free to reach out via phone at 205-777-0938 or send a fax to 205-650-1020. Join us today and experience the difference that comes from being part of a community-focused credit union! We're excited to support you on your financial journey.

Branch History & Mission

Community Focus

Over the years, we've forged partnerships with local organizations aimed at enriching lives through education and empowerment programs. Our goal is not just about finances; it's about uplifting every individual in our community. Through workshops, sponsorships, and volunteer efforts, we strive to make a positive impact beyond traditional banking. With advancements in technology like online banking and mobile payments available for all members, we ensure that accessing your finances is both secure and user-friendly. We are committed to ADA compliance as well, making sure that all community members can benefit from our services without barriers.

Join Us

If you're looking for a financial institution that values you as a member and aims to make a difference in your life, look no further than Alabama. We invite you to explore what we offer by visiting us or calling us at (205) 777-0938. Together, let's build a brighter future because at Alabama, your success is our mission!

Mission Statement

At the heart of Alabama lies our mission: to provide high-quality financial services while fostering a strong sense of community support. We believe that when our members thrive, so does our community. That's why we not only focus on offering excellent banking solutions like checking accounts, auto loans, mortgages, and personal loans but also engage actively in local outreach initiatives. While members can visit us at 2675 Valleydale Rd Hoover Al 35244, official correspondence should be sent to 2675 Valleydale Rd, Indian Springs Village, AL 35124 if it differs. This ensures all communication is handled promptly and efficiently.

Our Journey

Since opening, Alabama has undergone significant transformations that reflect our commitment to meet the evolving needs of our members. From expanding our services to embracing new technologies, we have always aimed to offer a range of financial products that empower individuals and families. Today, with assets totaling $1,923,885,152, we stand as a pillar of financial stability within the community. Our operating hours are designed with your convenience in mind: Monday, Tuesday, Thursday, and Friday from 9:00 am to 5:00 pm; Wednesday from 10:00 am to 5:00 pm; and Saturday from 9:00 am to 12:00 pm. We also offer ATM access and drive-thru banking for those on the go, ensuring that banking is simple and straightforward for everyone.

Branch Location & Accessibility

Welcome to the Alabama Credit Union branch located at 2675 Valleydale Rd in Hoover, AL! Our branch is designed with your convenience in mind, making it easy for you to access a wide range of banking services. Situated near popular landmarks, our location is not only accessible but also welcoming to all members of our community. At this branch, you can enjoy a variety of banking services including personal and business banking options. If you're in need of cash, we have an ATM available for your convenience, along with drive-thru banking for those quick transactions on the go. We understand that life can be busy, so we aim to provide a hassle-free banking experience. While members can visit us at our physical address, if you need to send official correspondence, please address it to our mailing location at 2675 Valleydale Rd, Indian Springs Village, AL 35124. Our operating hours are designed to fit into your schedule: we're open Monday, Tuesday, Thursday, and Friday from 9:00 AM to 5:00 PM; on Wednesdays we open an hour later at 10:00 AM and still close at 5:00 PM; and don't forget about Saturday mornings when we're here from 9:00 AM until noon. Accessibility is important to us. Our branch features ADA-compliant entrances and parking spaces so everyone can enjoy easy access. If you have any questions or want to learn more about our services like auto loans, mortgages, or credit cards with rewards, feel free to call us at 205-777-0938. We invite you to stop by and experience how we can assist you in reaching your financial goals! Your community bank awaits!

Member Eligibility

Joining the community at Alabama is like opening the door to a world of support and financial empowerment. We welcome anyone who lives, works, or worships in our local area, making it easy for you to become a member and enjoy all the benefits we offer. Whether you're looking for personal banking solutions, auto loans, or business services, you'll find that we're here to help you every step of the way. For full details on eligibility criteria, feel free to visit our website at . If you're ready to take the next step towards membership or have any questions, don't hesitate to call us at (205) 777-0938. Opening an account is simple and straightforward just check out the process at https://u4zacuta.secure.fundsxpress.com/start/u4zacuta. Come be part of something special at Alabama, located at 2675 Valleydale Rd Hoover Al 35244!

Business Banking & Commercial Services

Loan Options Tailored for You

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $410 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $27 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $400,550,964, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services That Work for You

In addition to loans, we offer merchant services that streamline transactions and improve cash flow. Picture your customers paying seamlessly through various methods credit cards, mobile payments, or even online transactions. Our services ensure you can focus on what you do best: running your business. Visit us at 2675 Valleydale Rd Hoover Al 35244 in Hoover, AL or call us at (205) 777-0938 to learn how we can help your business thrive!

Comprehensive List Of Services

Additional Services

We know that sometimes, simple transactions like deposits and withdrawals need quick access without the fuss. That's why we offer basic drive-thru banking for straightforward transactions and access to ATMs for balance checks and cash withdrawals. At Alabama, we're not just about banking; we're about building relationships with our members and ensuring that every service we provide meets your needs efficiently. With our friendly staff ready to assist you over the phone at (205) 777-0938, there's no reason not to explore how we can help you achieve your financial goals. Ready to experience all the services we have to offer? Visit us today at 2675 Valleydale Rd Hoover Al 35244 or check out our website at Valleydale for more information!

Business Banking

For entrepreneurs and business owners, we understand that running a business comes with its own set of challenges. That's why we provide comprehensive business banking services, including merchant services and business loans to help you thrive in today's market.

Online & Mobile Banking

In today's fast-paced world, convenience is key. Our robust online and mobile banking features let you manage your accounts from anywhere at any time. You can easily make deposits, check balances, and transfer funds with just a few taps on your smartphone or tablet. Our ATM services also ensure that cash withdrawals are always within reach.

Personal Banking

Our personal banking services are tailored to help you manage your finances effectively. You can open a checking or savings account that fits your lifestyle. If you're considering buying a new car or refinancing an existing loan, our auto loans and vehicle financing options provide flexible terms to suit your budget. For those dreaming of home ownership, our mortgage loans and refinancing services are designed to guide you through the process with ease. Additionally, if you're looking to consolidate debt or need funds for unexpected expenses, our personal loans and debt consolidation options can offer you the financial relief you need. Plus, don't forget about our credit cards with rewards, which allow you to earn points on everyday purchases!

Digital & Online Banking

Accessibility and Security

While using our services, rest assured that security is a top priority. Our online banking platform is designed with robust security measures to keep your information safe. You can bank with confidence knowing that your data is protected. Whether you're at home or on the move, accessing your accounts is straightforward with our user-friendly interface. We're here to ensure that managing your finances is not just easy but also accessible anytime, anywhere. Explore all these features and more by visiting https://www.alabamacu.com/ today!

Key Features

Our online platform allows you to check balances, pay bills, and transfer money between accounts with just a few clicks. You can also enjoy the convenience of E-Statements, making it simple to keep track of your transactions without the clutter of paper statements. Plus, if you're on the go, our Mobile Payments feature lets you make quick payments right from your phone. For those who want to send money directly to friends or family, our Person-to-Person Transfers make it easy and fast. Need to sign important documents? We offer Electronic Signature Authorization for added convenience and security in handling your transactions.

Financial Strength

Commitment to Growth

Our financial strength is further reflected in our $122,330,006 in undivided earnings. This allows us to reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. With $14,190 in used auto loans and $1,497,146,971 in total loans and leases, our lending capacity supports your financial goals across various sectors.

Member-Centric Savings

Your savings are in good hands with us. Members' funds are secured through $551,780,861 in share certificates and $204,015,778 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $126,972,951, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Operational Efficiency

Our operational efficiency is showcased by our $0, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 376 full-time employees and 14 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Solid Financial Health

With a net worth of $182,824,392, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $950 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Strong Community Trust

We cherish the trust placed in us by our community. Our Total Share Accounts stand at 257,053, showing a strong and growing member base that trusts us with their finances. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Alabama is your trusted partner. Visit us at 2675 Valleydale Rd Hoover Al 35244 or call (205) 777-0938 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 $241,260,112 in used vehicle loans and $71,886,668 in new vehicle loans already helping members get on the road. We make it easy to finance your dream vehicle, whether you're looking for something brand new or gently used.

Business Loans

For business owners, our outstanding commercial loans totaling $400,550,964 provide the capital needed to grow and expand. Whether you're starting a new venture or looking to enhance your current operations, our business loan options are here to support you.

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $24,583,715, make buying or refinancing simple. We can guide you through the entire process to ensure you find the right mortgage that fits your budget.

Refinancing Options

If you already have a loan and are looking for better terms, refinancing options are available at Alabama. This can help lower your monthly payments or reduce interest rates, making it easier for you to manage your finances. At Alabama, we pride ourselves on being more than just a financial institution; we're a partner in your journey toward financial stability and success. For more information about our loan offerings or to apply today, visit us at 2675 Valleydale Rd Hoover Al 35244 in Hoover, AL, or give us a call at (205) 777-0938. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results.

Unsecured Credit Cards

We also offer flexible terms on unsecured credit card loans, with a total of $16,899,024 in loans helping members manage their finances effectively. This option provides you with the flexibility to cover unexpected expenses without straining your budget.

Loan Aggregator

Benefits of Using LendMesh

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How LendMesh Ensures Accurate Comparisons

Loan data on LendMesh is sourced directly from banks and credit unions that comply with National Credit Union Administration (NCUA) lending standards, based on the latest results (Source: https://www.ncua.gov). This ensures fair and transparent offers for users looking to secure a loan. Each listing is backed by verified data, making it easier for borrowers to trust the information presented.

Alabama