North Alabama Educators Credit Union Hoover AL

Introduction

Welcome to North Alabama Educators, where community and financial well-being come together. Located at 22 Inverness Center Pkwy Ste 400, Hoover, AL 35242, we've proudly served our members since 1957. As a trusted financial partner, we are committed to helping you achieve your financial goals with personalized services and a member-first approach. At North Alabama Educators, our membership has grown to over 10,764 individuals who benefit from a wide range of financial products tailored for every need. With total assets reaching an impressive $132,987,180 and total deposits amounting to $11,512,592, we're here to ensure your money works hard for you. Our dedicated team of 34 employees, led by CEO Greg Olmsted and Board President Waymon Burke, is passionate about providing you with exceptional service. We understand that life's financial journey can be complex. That's why we offer various loan options, having issued a total of 4,279 loans to date. Whether you're looking for auto loans or personal financing, we have solutions designed to help you succeed. Plus, with a net worth of $10,234,095 and cash in hand totaling $1,976,310, you can trust that your credit union is built on solid financial foundations. While members can visit us at our branch location in Hoover, official correspondence should be sent to our mailing address at 22 Inverness Center Place STE 400, Hoover, AL 35242-4879. We invite you to explore our website at naecu.org for more information on the services we provide or call us directly at 205-408-5300 during our business hours from 8:00 AM - 5:00 PM Monday through Friday. Join us as we continue to support our community and help our members thrive financially!

Branch History & Mission

Commitment to Innovation

As times change, so do we. Our commitment to digital advancements ensures that you can manage your finances conveniently and securely from anywhere. With features like online banking and mobile payments available, accessing your accounts is easier than ever. We also prioritize accessibility; our branch meets ADA compliance standards so that everyone can feel welcome.

Join Us Today!

We invite you to become part of the North Alabama Educators family. Experience firsthand the benefits of being a member of a credit union that truly cares about your financial well-being and community involvement. For any inquiries or assistance, please feel free to call us at 205-408-5300 during our operating hours from 8:00 AM - 5:00 PM Monday through Friday. Join us today and take the first step toward securing your financial future!

Our Mission

At North Alabama Educators, our mission is clear: we aim to provide exceptional financial services while fostering a supportive community environment. We believe that everyone deserves access to financial resources that empower them to achieve their goals. Whether it's helping you secure a loan for your dream car or guiding you through savings options for your future, we are here for you. We also pride ourselves on being actively involved in the community. Our outreach efforts include partnerships with local schools and organizations, where we work together to promote financial literacy and support those in need. We understand that true success comes from lifting each other up. While members can visit us at 22 Inverness Center Pkwy Ste 400, official correspondence should be sent to our mailing address at 22 Inverness Center Place STE 400, Hoover, AL 35242-4879.

Branch Location & Accessibility

Accessibility Features

Our branch is designed with accessibility in mind. You will find convenient parking options right outside our entrance, making it easy for everyone to access our services. The facility meets ADA compliance standards, featuring ramps and wide doorways for easy entry.

Contact Us

If you have any questions or would like more information about our services, don't hesitate to reach out! You can call us at 205-408-5300. We invite you to visit us soon and experience the welcoming atmosphere of North Alabama Educators. Your financial journey starts here!

Operating Hours

We are open Monday through Friday from 8:00 AM to 5:00 PM. Whether you're looking to open an account, apply for a loan, or just ask questions about your finances, our friendly staff is ready to assist you during these hours.

Services Offered

At North Alabama Educators, we provide essential banking services tailored to meet your needs. While we currently do not offer ATM services or drive-thru banking, our team is dedicated to providing personalized assistance inside the branch. We strive to ensure that all members receive the support they need when they walk through our doors.

Member Eligibility

At North Alabama Educators, we believe that everyone deserves a supportive financial community, and we're excited to welcome you as a member! To join us, you'll need to meet some simple eligibility criteria that are designed to include as many people as possible. Generally, if you're a resident of Alabama or have connections to the education sector whether you're an educator, a student, or a family member of someone in this field you're likely eligible to become part of our family. The benefits of membership include personalized service, lower fees, and access to a wide range of financial products tailored just for you. Getting started is easy! You can find detailed information about eligibility by visiting this link. If you feel ready to open an account today, simply check out the account opening details here. If you have any questions or need assistance, don't hesitate to give us a call at (205) 408-5300. We look forward to having you with us at North Alabama Educators, located at 22 Inverness Center Pkwy Ste 400 Hoover Al 35242!

Business Banking & Commercial Services

Commercial Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $0 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $0 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $0, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

Imagine running your business smoothly with the right tools at your fingertips. Our merchant services are designed to simplify transactions and enhance customer experiences. From point-of-sale systems that make checkouts quick and easy to online payment options that cater to today's digital consumers, we provide everything you need to thrive in a competitive market. Visit us at 22 Inverness Center Pkwy Ste 400 Hoover Al 35242 in Hoover, AL or contact us at (205) 408-5300 to learn how we can help your business flourish!

Comprehensive List Of Services

Digital Banking Features

With the rise of technology, managing your finances has never been more accessible. Our online and mobile banking platforms allow you to perform transactions from anywhere, making it easy to stay on top of your accounts. Whether you're using our mobile app for payments or accessing e-statements online, we ensure that convenience is always a priority.

Everyday Banking Made Easy

For those who need quick access to funds, our ATM services offer convenience right at your fingertips. Imagine being able to withdraw cash, check your balance, or deposit checks without ever stepping foot inside a bank. This ease allows you to manage your finances on your terms, whether you're running errands in Hoover or traveling further afield.

Join Our Community

We invite you to reach out with any questions or explore how our services can work for you. Connect with us at (205) 408-5300 during our lobby hours from 8:00 AM - 5:00 PM, Monday through Friday. At North Alabama Educators, we are committed to helping you navigate your financial journey with confidence and ease. Visit us today or check out our website at https://naecu.org/ for more information about how we can assist you in achieving your financial goals!

Personalized Financial Solutions

In addition to basic banking services, we also offer various loans designed to help you achieve your dreams be it purchasing a new car, funding a home renovation, or covering unexpected expenses. While currently our primary service focuses on ATM options, we encourage members to explore additional offerings as their needs evolve.

Digital & Online Banking

Key Features

For those who prefer using their mobile devices, our mobile application offers all the features you need right at your fingertips. You can easily make person-to-person transfers, enabling you to send money to friends or family instantly no more waiting around! Plus, with our electronic signature authorization feature, signing documents is quick and secure, allowing you to complete transactions without any hassle. We also provide e-statements for easy access to your account statements. Instead of waiting for paper statements in the mail, you can view them online whenever you need them. This not only saves time but is also better for the environment. And if you're a fan of mobile payments, you're in luck! Our platform supports mobile payments, letting you make purchases directly from your phone whether it's at a store or online. At North Alabama Educators, we prioritize your security as much as your convenience. Our online banking services are equipped with robust security measures to keep your information safe while providing real-time account management. Explore all these features today and take control of your finances with ease! For more details on how to get started, visit us at https://naecu.org/.

Financial Strength

Member-Centric Savings Options

Members' savings are secured through $15,663,971 in share certificates, 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.

Operational Efficiency

Our operational efficiency is highlighted by a net income of $0, which enables us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 29 full-time employees and 5 part-time employees ready to assist you with knowledgeable service.

Reinvesting for Your Benefit

With $9,926,235 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better. Our commitment to helping you achieve your financial goals is reflected in our robust lending capacity; with $1,382 in used auto loans and $54,269,492 in total loans and leases, we support various sectors to meet your needs.

Strong Financial Health

With a net worth of $10,234,095, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $784 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Trusted Partnership

Net Shares (Funds available for lending and investments): $25,896,216. Total Share and Deposit Accounts: 19,812, 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, North Alabama Educators is your trusted partner. Visit us at 22 Inverness Center Pkwy Ste 400 Hoover Al 35242 or call (205) 408-5300 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 $24,424,108 in used vehicle loans and $6,664,035 in new vehicle loans already helping members get on the road. We provide financing options for both new and used vehicles, ensuring that you find the right loan for your budget.

Credit Lines

Need some flexibility in your borrowing? Our total credit lines amount to $2,500,000, providing you with access to funds whenever you require them. This can be particularly useful for unexpected expenses or larger purchases without having to apply for a new loan each time.

Mortgage Loans

Thinking about homeownership? Our mortgage options make buying or refinancing simple. We offer Junior Lien 1-4 Family Residential Properties loans totaling $2,540,086, making it easier for you to invest in your future. Whether you're a first-time buyer or looking to refinance your current mortgage, we have solutions tailored for you.

Refinancing Options

If you're interested in refinancing any existing loans be it an auto loan or mortgage our team can help guide you through the process and identify eligibility options that suit your needs. For more information about our loan offerings or to get started on your application today, don't hesitate to reach out! You can contact us at 205-408-5300 or visit us at 22 Inverness Center Pkwy Ste 400 Hoover Al 35242. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Your financial journey starts here!

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, although currently our total for these loans stands at $0. This allows members the opportunity to manage their finances effectively when they need it most.

Loan Aggregator

Finding the best loan rates can be overwhelming. LendMesh simplifies this process by providing real-time, unbiased comparisons of mortgage, auto, and personal loan rates from verified financial institutions. With a commitment to transparency and accuracy, LendMesh ensures that users have access to reliable information when making crucial financial decisions. LendMesh guarantees accurate loan comparisons by sourcing its data 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 means every loan offer you see is backed by verified institutions, ensuring fair and transparent offers. The benefits of using LendMesh are clear: - Verified Data: Loan offers are sourced from legitimate financial institutions, ensuring transparency in your choices. - No Sponsored Listings: LendMesh does not prioritize lenders based on paid promotions our goal is to provide unbiased results for all users. - Real-Time Rate Comparisons: Up-to-date loan rates from multiple institutions help users make informed decisions quickly. Thousands of users trust LendMesh for loan comparisons. One member shared: "LendMesh helped me find a lower mortgage rate in minutes, saving me thousands over the loan term!" This feedback highlights how effective and user-friendly the platform is. If you're ready to explore competitive loan options tailored to your needs, compare real-time loan offers today at LendMesh and find the best rates for your requirements. 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.