MUTUAL SAVINGS CREDIT UNION

At Mutual Savings, we believe that banking is more than just numbers it's about building lasting relationships within our community. Since our establishment in 1936, we've been dedicated to providing exceptional financial services to our members in Hoover, AL and beyond. Located at 2040 Valleydale Rd, Hoover, AL 35244, our branch is a welcoming space where you can access a range of services tailored to meet your needs. With a total membership of over 19,724 individuals, we pride ourselves on being a trusted partner in your financial journey. Our assets have grown to an impressive $230,866,395, reflecting our commitment to stability and growth. We currently manage total deposits amounting to $22,504,966 and maintain a net worth of $19,918,132. This financial strength enables us to offer various loans and services totaling 5,839 loans and leases to help you achieve your goals. Our CEO, Kendall Speed, along with Board President Richard Brooks, leads our team of 75 dedicated employees who are always ready to assist you. Whether you're looking for personal banking options like checking and savings accounts or need assistance with auto loans and mortgages, we're here to provide support every step of the way. While members can visit us at our branch location for friendly service and expert advice, official correspondence should be sent to our mailing address: PO Box 362045, Birmingham, AL 35236. Explore how we can help you succeed financially by visiting us online at Mutual Savings or give us a call at 205-682-1100. Join us today and experience the Mutual Savings difference!

At Mutual Savings, we believe that everyone deserves a chance to be part of a caring community. Becoming a member is simple and welcoming! If you live, work, or worship in the areas we serve, you're likely eligible to join us. We invite individuals and their families to open accounts with us, allowing you to access our range of financial services tailored just for you. Not only will you benefit from competitive rates and personalized service, but you'll also be joining a network that prioritizes your financial well-being. For more specific details on eligibility, feel free to check out our website at https://www.mutualsavings.org/mutual-savings-and-you/become-a-member/ . If you have any questions or need assistance, don't hesitate to call us at (205) 682-1100. Your journey towards better banking begins here at Mutual Savings, located at 2040 Valleydale Rd Hoover Al 35244!

At Mutual Savings, 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 share our strong financial position, which reflects our commitment to providing you with exceptional service and support. With a net worth of $19,918,132, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of 862 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 $59,316,820 in share certificates and $17,944,747 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 $14,326,442 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our lending capacity is robust; we have $1,002 in used auto loans and a total of $139,567,548 in loans and leases, supporting your financial goals across various sectors. 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 74 full-time employees and 1 part-time employee, ensuring our branches are always ready to serve you with a knowledgeable and committed team. With a total of 38,970 share accounts, we show 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, Mutual Savings is your trusted partner. Visit us at 2040 Valleydale Rd Hoover Al 35244 or call 205-682-1100 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.