EIN 63-6046132

Alabama Teachers Credit Union (ATCU)

IRS 501(c) type
501(c)(14)
Num. employees
106
State
Year formed
1959
Most recent tax filings
2022-12-01
Description
Alabama Teachers is a family of caring individuals dedicated to strengthening lives through financial partnerships. It is this firm commitment that allows us to embrace the teaching moments of life, because through them they can all learn together.
Related structure
ATCU is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$23,248,388
2022
Total expenses
$18,657,736
2022
Total assets
$479,200,439
2022
Num. employees
106
2022

Program areas at ATCU

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 Teachers Credit Union, an Alabama state chartered Credit Union, was established to provide these services to its members who are employees, and their relatives, of the public schools located in etowah, dekalb, marshall, cherokee, and calhoun counties. The Credit Union's field of membership also includes selected employee groups and individuals that reside in these counties. As of december 31, 2022, the Credit Union provided services to approximately 30,877 members.

Grants made by ATCU

GranteeGrant descriptionAmount
Credit Union National Association (CUNA)General Support$18,000
United Way of Central AlabamaGeneral Support$8,350
Backpack ProgramGeneral Support$5,000

Personnel at ATCU

NameTitleCompensation
Ron SummerallChief Executive Officer and President$1,200,153
Jeff NapperVice - President and Chief Financial Officer$183,595
Gina ChambersVice President$124,731
Jd HoltFinancial Advisor / Financial Advisor / Financial Advisor / Financial Advisor / Financial Advisor / Financial Advisor / Financial Advisor / Financial Advisor / Financial Service Advisor$400,452
Leta JohnsonVice President$84,329
...and 1 more key personnel

Financials for ATCU

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$23,248,388
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$23,248,388

Form 990s for ATCU

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-14990View PDF
2020-122021-11-15990View PDF
2018-122019-12-11990View PDF
2017-122019-02-21990View PDF
...and 8 more Form 990s

Organizations like ATCU

OrganizationLocationRevenue
Guardian Credit UnionMontgomery, AL$62,110,372
Winsouth Credit UnionGadsden, AL$20,131,767
Riverfall Credit UnionTuscaloosa, AL$6,975,921
Family Savings Credit UnionRainbow City, AL$50,899,243
APCO Employees Credit UnionBirmingham, AL$88,615,377
Riverdale Credit UnionSelma, AL$6,293,291
Alabama State Employees Credit UnionMontgomery, AL$23,220,315
Listerhill Credit UnionSheffield, AL$65,807,803
Family Security Credit UnionDecatur, AL$43,290,857
Alabama One Credit UnionTuscaloosa, AL$50,038,173
Data update history
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 3 new personnel
April 29, 2021
Posted financials
Added Form 990 for fiscal year 2018
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local levelCommunity engagement / volunteeringProvides scholarships
General information
Address
702 Walnut St
Gadsden, AL 35901
Metro area
Gadsden, AL
County
Etowah County, AL
Website URL
atcu.com/ 
Phone
(256) 543-7040
Facebook page
alabamateacherscreditunion 
Twitter profile
@alteacherscu 
IRS details
EIN
63-6046132
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1959
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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