EIN 63-0021787

Alatrust Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
52
City
State
Year formed
1935
Most recent tax filings
2023-12-01
Description
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. Cooperative Credit Union.
Related structure
Alatrust Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Also known as...
First Educators Credit Union
Total revenues
$9,937,960
2023
20192020202120222023$6m$8m$10m
Total expenses
$8,033,194
2023
20192020202120222023$5m$7m$9m
Total assets
$199,335,118
2023
20192020202120222023$0.1b$0.2b
Num. employees
52
2023
20192020202120222023040

Program areas at Alatrust Credit Union

Code of Alabama, sec 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. Alatrust Credit Union, an Alabama state chartered Credit Union, was established to provide a variety of financial services to its members, who are employees of the public schools located in jefferson, calhoun, walker, and talladega counties and their relatives. The Credit Union's field of membership also includes selected employee groups and individuals that reside in these counties. As of december 31, 2023, the Credit Union had membership and provided services to approximately 12,964 members.

Personnel at Alatrust Credit Union

NameTitleCompensation
Steve NixPresident and Chief Executive Officer$291,951
Shelley McLaughlinVice President of Administration$115,390
Michelle CrumbleyAccounting Manager$76,922
Kevin LottLoan Manager$102,730
Stan MitchellVice President of Operatio$77,560
...and 1 more key personnel

Financials for Alatrust Credit Union

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Program services$9,937,960
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$9,937,960

Form 990s for Alatrust Credit Union

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

Organizations like Alatrust Credit Union

OrganizationLocationRevenue
Riverfall Credit UnionTuscaloosa, AL$8,173,855
eCO Credit UnionBirmingham, AL$9,085,732
Alabama Teachers Credit Union (ATCU)Gadsden, AL$28,308,124
New Horizons Credit UnionMobile, AL$12,701,326
Naheola Credit UnionPennington, AL$9,386,778
Heritage South Credit UnionSylacauga, AL$9,575,524
Mutual Savings Credit UnionBirmingham, AL$12,277,489
Valley Credit Union (VCU)Tuscumbia, AL$4,170,298
TVA Community Credit UnionMuscle Shoals, AL$15,805,515
Auburn University Credit UnionAuburn, AL$7,896,337
Data update history
December 27, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 27, 2023
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 4, 2023
Updated personnel
Identified 2 new personnel
July 1, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
No characteristics found
General information
Address
PO Box 36489
Hoover, AL 35236
Metro area
Birmingham-Hoover, AL
County
Jefferson County, AL
Website URL
alatrustcu.com/ 
Phone
(205) 581-8800
IRS details
EIN
63-0021787
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1935
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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