EIN 63-0353833

Alabama One Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
371
State
Year formed
1953
Most recent tax filings
2023-12-01
Description
The Credit Union's mission is to promote thrift among its members and create a source of Credit for them at legitimate rates of interest. The Credit Union serves members in tuscaloosa, Alabama and surrounding areas.
Related structure
Alabama One Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$62,571,573
2023
Total expenses
$57,009,626
2023
Total assets
$1,221,344,942
2023
Num. employees
371
2023

Program areas at Alabama One Credit Union

Alabama banking code, section 5-17-1, states that a Credit Union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of Credit for them at legitimate rates of interest. Alabama One Credit Union, an Alabama state chartered Credit Union, provides a variety of financial services to its members. The Credit Union's membership is primarily comprised of persons who live and work in tuscaloosa county, Alabama and twenty-one other counties throughout west, central, and south Alabama; employees, residents, and/or patients of various medical providers within the state of Alabama; employees of the Credit Union and other specified employers; retirees of all aforementioned groups; and spouses, widows, and immediate family members of all aforementioned groups. As of december 31, 2023, the Credit Union provided services to approximately 83,100 members.

Grants made by Alabama One Credit Union

GranteeGrant descriptionAmount
Alabama One Aspire FoundationDonations To Sponsor Ao Aspire's Mission.$64,510

Personnel at Alabama One Credit Union

NameTitleCompensation
William C WellsChief Executive Officer$517,300
Whitney OswaltChief Financial Officer$267,700
Robert LongChief Technology Officer$214,500
Audrey O'NealChief People Officer$140,345
Jason HalperinChief Retail Lending Officer / Clo$237,609
...and 7 more key personnel

Financials for Alabama One Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$62,571,573
Investment income and dividends$0
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$62,571,573

Form 990s for Alabama One Credit Union

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-12-22990View PDF
2020-122021-11-15990View PDF
...and 10 more Form 990s

Organizations like Alabama One Credit Union

OrganizationLocationRevenue
Winsouth Credit UnionGadsden, AL$23,682,218
Max Credit UnionMontgomery, AL$110,340,417
Alabama Credit UnionTuscaloosa, AL$106,263,577
Avadian Credit UnionBirmingham, AL$76,914,615
TVA Community Credit UnionMuscle Shoals, AL$15,805,515
Family Savings Credit UnionRainbow City, AL$68,085,407
Alabama Teachers Credit Union (ATCU)Gadsden, AL$28,308,124
Family Security Credit UnionDecatur, AL$54,916,130
Alabama State Employees Credit UnionMontgomery, AL$27,023,139
Guardian Credit UnionMontgomery, AL$79,832,389
Data update history
January 7, 2025
Used new vendors
Identified 1 new vendor, including
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 6 new personnel
December 24, 2023
Used new vendors
Identified 4 new vendors, including , , , and
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1215 Veterans Memorial Pkwy
Tuscaloosa, AL 35404
Metro area
Tuscaloosa, AL
County
Tuscaloosa County, AL
Phone
(205) 759-1595
IRS details
EIN
63-0353833
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1953
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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