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EIN 63-0440014

Alabama Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
477
City
Tuscaloosa
State
Alabama
Year formed
1956
Most recent tax filings
2023-12-01
NTEE code, primary
W60: Financial Institutions, Credit Unions
Description
Alabama Credit Union is a non-profit financial cooperative that serves 93,432 members in Tuscaloosa, AL. The Credit Union's mission is to promote thrift opportunities and low cost loans to its members. Alabama Credit Union offers a variety of programs and services to help its members reach their financial goals, including savings and checking accounts, loans, and investment services.
Related structure
Alabama Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$106,263,577
2023
Total expenses
$101,381,357
2023
Total assets
$1,922,294,287
2023
Num. employees
477
2023

Program areas at Alabama Credit Union

156,062 members served to promote thrift opportunities and low cost loans

Grants made by Alabama Credit Union

GranteeGrant descriptionAmount
Rescue Mission of Middle GeorgiaCharity Golf Tournament Sponsorship$15,000
Chris Hammond Youth FoundationCharity Golf Tournament Sponsorship$6,000

Personnel at Alabama Credit Union

NameTitleCompensation
Stephen K SwoffordPresident$450,800
June LandrumChief Operating Officer / Assistant Vice President , Branch Operations$220,571
Eleanor BrownChief Financial Officer$225,657
Michael GoodmanChief Information Officer / Vice President and It Special Projects$242,363
Tommy CobbChief Development Officer / Senior Vice President of Branch Operations$282,124
...and 6 more key personnel

Financials for Alabama Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$74,325,249
Investment income and dividends$7,430,830
Tax-exempt bond proceeds$0
Royalty revenue$687,446
Net rental income$0
Net gain from sale of non-inventory assets$3,525
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23,816,527
Total revenues$106,263,577

Form 990s for Alabama Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990View PDF
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
...and 10 more Form 990s

Organizations like Alabama Credit Union

OrganizationLocationRevenue
Max Credit UnionMontgomery, AL$110,340,417
Family Security Credit UnionDecatur, AL$54,916,130
Alabama State Employees Credit UnionMontgomery, AL$27,023,139
Guardian Credit UnionMontgomery, AL$79,832,389
Listerhill Credit UnionSheffield, AL$82,055,805
Alabama One Credit UnionTuscaloosa, AL$62,571,573
Avadian Credit UnionBirmingham, AL$76,914,615
Family Savings Credit UnionRainbow City, AL$68,085,407
Alabama Teachers Credit Union (ATCU)Gadsden, AL$28,308,124
APCO Employees Credit UnionBirmingham, AL$118,347,236
Data update history
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 3 new personnel
January 3, 2024
Used new vendors
Identified 7 new vendors, including , , , , , , and
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 9, 2023
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 862998
Tuscaloosa, AL 35486
Metro area
Tuscaloosa, AL
County
Tuscaloosa County, AL
Website URL
alabamacu.com/ 
Phone
(205) 469-5944
IRS details
EIN
63-0440014
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1956
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
W60: Financial Institutions, Credit Unions
NAICS code, primary
522130: Credit Unions
Parent/child status
Child within group exemption
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