EIN 63-0348156

Alabama State Employees Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
143
State
Year formed
1954
Most recent tax filings
2022-12-01
Description
Alabama State Employees Credit Union promotes thrift among its members and provides a source of credit for them at legitimate rates of interest. The credit union serves members in the Montgomery, AL area and surrounding counties. Its mission is to provide financial services to its membership by offering a variety of consumer, commercial, and mortgage lending products, as well as competitive savings products including savings, checking, share certificates accounts, and IRA savings.
Related structure
Alabama State Employees Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$23,220,315
2022
Total expenses
$19,643,903
2022
Total assets
$417,583,945
2022
Num. employees
143
2022

Program areas at Alabama State Employees Credit Union

In our efforts to promote thrift among our members, the Credit Union provides competitive savings products, which include savings, checking, and share certificates accounts as well as ira savings.
The Credit Union offers financial services to the benefit of our members which include: internet banking, online billpay and service center locations.
To meet the financial needs of our members, the Credit Union provides a source of Credit by offering a variety of consumer and mortgage lending products at competitive rates of interest.

Personnel at Alabama State Employees Credit Union

NameTitleCompensation
Jason DeanChief Executive Officer$212,933
Ed McCurdyChief Operating Officer$171,665
John David LambertChief Information Officer$157,604
Andrea McCainCxo$170,119
Mike HartPast Chief Executive Officer$224,730
...and 8 more key personnel

Financials for Alabama State Employees Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$13,110,730
Investment income and dividends$2,509,123
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$45,015
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,555,447
Total revenues$23,220,315

Form 990s for Alabama State Employees Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-10990View PDF
2020-122021-11-15990View PDF
2019-122021-06-08990View PDF
2018-122020-02-10990View PDF
...and 9 more Form 990s

Organizations like Alabama State Employees Credit Union

OrganizationLocationRevenue
Alabama Credit UnionTuscaloosa, AL$76,294,666
Max Credit UnionMontgomery, AL$81,267,225
Fort McClellan Credit Union (FMCU)Anniston, AL$8,315,286
APCO Employees Credit UnionBirmingham, AL$88,615,377
Alabama Central Credit UnionBirmingham, AL$10,136,034
Guardian Credit UnionMontgomery, AL$62,110,372
Riverdale Credit UnionSelma, AL$6,293,291
Listerhill Credit UnionSheffield, AL$65,807,803
Family Security Credit UnionDecatur, AL$43,290,857
Avadian Credit UnionBirmingham, AL$56,357,889
Data update history
January 9, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 8, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 8, 2023
Updated personnel
Identified 1 new personnel
July 5, 2023
Used new vendors
Identified 2 new vendors, including , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
1000 Interstate Park Dr
Montgomery, AL 36109
Metro area
Montgomery, AL
County
Montgomery County, AL
Website URL
yourasecu.com/ 
Phone
(800) 634-9171
IRS details
EIN
63-0348156
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1954
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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