Sep, 30, 2025 — LEGACY COMMUNITY FEDERAL CREDIT UNION is a federal credit union headquartered in BIRMINGHAM, AL with 11 branch locations and about $725.66 million in total assets. Opened 71 years ago in 1955, LEGACY COMMUNITY FEDERAL CREDIT UNION has about 40,222 members and employs 136 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | LEGACY COMMUNITY FEDERAL CREDIT UNION |
|---|---|
| Address: (Main Office) | 100 Corporate Rdg Ste 200 BIRMINGHAM, AL 35242-2994 |
| Phone: | (205) 933-9933 |
| Fax: | (205) 930-5019 |
| Website: | https://www.legacycreditunion.com |
| Branches: | 11 branch locations |
| Members: | 40,222 |
| Credit Union Type: | Federal Credit Union |
| Charter Number: | 24421 |
|---|---|
| Membership Type: | Community credit unions, urban or rural, other than those designated 'low income' |
| Corporate Credit Union: | No |
| Year Opened: | 1955 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $725,662,471 |
| CEO/Manager: | S Glenn Bryan |
| Chairperson: | Michael Patterson |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 65,255,246 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 230,422,118 |
| Unsecured Loans | 37,322,882 |
| Other Loans | 176,156,054 |
| TOTAL LOANS | 445,024,575 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -1,404,552 |
| Land And Building | 25,541,968 |
| Other Fixed Assets | 1,353,755 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 5,366,764 |
| All Other Assets | 465,707 |
| TOTAL ASSETS | 725,662,471 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 983,615 |
| Notes & Interest Payable | 6,053,399 |
| Accounts Payable & Other Liabilities | 5,054,114 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 133,612,210 |
| Regular shares | 236,352,670 |
| All Other Shares & Deposits | 259,769,360 |
| TOTAL SHARES & DEPOSITS | 629,734,242 |
| TOTAL LIABILITIES | 641,825,370 |
| Regular Reserve | 0 |
| Other Reserves | -8,351,017 |
| Undivided Earnings | 92,188,118 |
| TOTAL EQUITY | 83,837,101 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 725,662,471 |
| INCOME & EXPENSE | |
| Loan Income | 15,257,922 |
| Investment Income | 5,481,788 |
| Other Income | 2,641,405 |
| Total Employee Compensation & Benefits | 6,287,161 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 7,492,951 |
| Non-operating Income & (Expense) | 2,090,234 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,495,457 |
| Cost of Funds | 7,231,616 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 5,225,149 |
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