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EIN 63-0440014

Alabama Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
460
City
Tuscaloosa
State
Alabama
Year formed
1956
Most recent tax filings
2022-12-01
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.
Also known as...
Credit Unions of Alabama
Total revenues
$76,294,666
2022
Total expenses
$63,024,332
2022
Total assets
$1,640,689,087
2022
Num. employees
460
2022

Program areas at Alabama Credit Union

134,896 members served to promote thrift opportunities and low cost loans

Who funds Alabama Credit Union

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Credit Union FoundationFinancial Well-Being$5,375

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 8 more key personnel

Financials for Alabama Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$47,815,360
Investment income and dividends$5,684,791
Tax-exempt bond proceeds$0
Royalty revenue$692,970
Net rental income$8,000
Net gain from sale of non-inventory assets$-223,366
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$22,316,911
Total revenues$76,294,666

Form 990s for Alabama Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122020-01-21990View PDF
...and 9 more Form 990s

Organizations like Alabama Credit Union

OrganizationLocationRevenue
APCO Employees Credit UnionBirmingham, AL$88,615,377
Max Credit UnionMontgomery, AL$81,267,225
Family Security Credit UnionDecatur, AL$43,290,857
Listerhill Credit UnionSheffield, AL$65,807,803
Alabama State Employees Credit UnionMontgomery, AL$23,220,315
Guardian Credit UnionMontgomery, AL$62,110,372
Avadian Credit UnionBirmingham, AL$56,357,889
Family Savings Credit UnionRainbow City, AL$50,899,243
Alabama Teachers Credit Union (ATCU)Gadsden, AL$23,248,388
Alabama One Credit UnionTuscaloosa, AL$50,038,173
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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