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ALABAMA CENTRAL CREDIT UNION

Sep, 30, 2025 — ALABAMA CENTRAL CREDIT UNION is a federally insured state chartered credit union headquartered in BIRMINGHAM, AL with 9 branch locations and about $209.40 million in total assets. Opened 88 years ago in 1938, ALABAMA CENTRAL CREDIT UNION has about 20,037 members and employs 58 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:ALABAMA CENTRAL CREDIT UNION
Address:
(Main Office)
3601 4th Ave S
BIRMINGHAM, AL 35222
Phone:(205) 510-1300
Fax:(205) 595-8078
Website:https://www.alabamacentral.org
Branches:9 branch locations
Members:20,037
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:60712
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1938
Last Audited:Jun 01, 2025
FHLB Member:Yes
Low Income Designation:No
Assets:$209,396,282
CEO/Manager:Brad Haddock
Chairperson:Richard Hardy

Call Report

  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 26,467,414
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 77,512,871
 Unsecured Loans 6,446,855
 Other Loans 58,662,581
 TOTAL LOANS 142,622,307
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,113,377
 Land And Building 7,067,047
 Other Fixed Assets 2,385,663
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 1,804,505
 All Other Assets 76,154
  TOTAL ASSETS 209,396,282
LIABILITIES & CAPITAL:  
 Dividends Payable 12,725
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 2,525,521
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 34,522,914
 Regular shares 90,487,161
 All Other Shares & Deposits 64,508,157
  TOTAL SHARES & DEPOSITS 189,518,232
  TOTAL LIABILITIES 192,056,478
 Regular Reserve 0
 Other Reserves -2,003,664
 Undivided Earnings 19,343,468
  TOTAL EQUITY 17,339,804
  TOTAL LIABILITIES, SHARES, & EQUITY 209,396,282
INCOME & EXPENSE  
 Loan Income 6,634,786
 Investment Income 1,071,026
 Other Income 875,584
 Total Employee Compensation & Benefits 3,178,213
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 3,449,055
 Non-operating Income & (Expense) 1,063,939
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 19,613
 Cost of Funds 1,709,310
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 1,289,144
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