Alabama Rural Electric Federal Credit Union
Headquarters
Po Box 240547
Montgomery, AL 36124
See all branch locations →
2024 Overview
General Credit Union Information
Alabama Rural Electric is an NCUA insured institution located in Montgomery, AL. It was founded in 1969 and has approximately $28.83 millions in assets.
| NCUA Insured | Yes / Federally Chartered |
| Charter Number # | # 19444 |
| Date Established | 1969 |
| Assets | $28.83 million |
| Loans | $14.10 million |
| Deposits | $25.45 million |
| Capital | $3.35 million |
Field of Membership Restrictions
Membership for Alabama Rural Electric CU is open to any current or retired employees, and the family members of said persons, that are currently working for or has worked for the Alabama Rural Electric Association, or any of their affiliated cooperatives.
Deposit Rates - November 24, 2024
Your Current Location: Ohio, OH 43085
We do not yet have rates for Alabama Rural Electric
We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.
Back to Alabama Rural Electric
Note to Alabama Rural Electric
To upload and update your credit union's rates please register.
It is free to register and add rates.
Loan Rates - November 24, 2024
Your Current Location: Ohio, OH 43085
There are currently no loan rates available for Alabama Rural Electric
Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:
Featured - Ohio 30 Year Fixed Mortgage Rates 2024
| Lender | APR | Rate (%) | Points | Fees | Monthly Payment |
Learn More |
|---|---|---|---|---|---|---|
NMLS ID: Not a Lender |
Learn More | |||||
NMLS ID: 491986 |
Learn More |
Featured - Ohio Home Equity Line Of Credit Rates 2024
| Lender | APR (%)? | Monthly Payment? | Learn More |
|---|---|---|---|
Third Federal Savings and Loan See Table |
Intro APR 7.240 % After Intro: 7.240 % |
$0 |
Learn More
More Info |
Note to Alabama Rural Electric
To upload and update your bank's rates please register.
It is free to register and add rates.
Branches
Below are Alabama Rural Electric branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.
Your Location:
Columbus,Ohio
Alabama Rural Electric Locations around zip code 43085
| Branch | Distance | Map | View Lobby Hours |
|---|
Climate Policy and Initiatives
ALABAMA RURAL ELECTRIC is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.
Add Your Review
or use your BestCashCow account
or
Financial Details
Alabama Rural Electric Ratio Analysis
The following ratios and data are available to help you better understand the financial condition of Alabama Rural Electric. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.
Texas Ratio
| Alabama Rural Electric | U.S. Average |
|---|---|
| 4.95% | 5.83 |
The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.
As of June 30, 2024, Alabama Rural Electric had $141,322 in non-current loans and $28,222 in owned assets. To cover these potential losses it had $3,351,464 in net worth and $71,210 in loans loss reserves. That gives it a Texas Ratio of 4.95%.
Net Worth
| Alabama Rural Electric | U.S. Average |
|---|---|
| 11.62% | 13.93% |
Alabama Rural Electric FCU has a net worth of 11.62% versus the BestCashCow average of 13.93. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.
Customer Reviews for Alabama Rural Electric
There are currently no comments for ALABAMA RURAL ELECTRIC. Be the first to share your experience. Please provide comments that will help others.
Add Your Review
or use your BestCashCow account