Sep, 30, 2025 — ALABAMA ONE CREDIT UNION is a federally insured state chartered credit union headquartered in TUSCALOOSA, AL with 31 branch locations and about $1.45 billion in total assets. Opened 75 years ago in 1951, ALABAMA ONE CREDIT UNION has about 96,912 members and employs 324 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 ONE CREDIT UNION |
|---|---|
| Address: (Main Office) | 1215 Veterans Memorial Pkwy TUSCALOOSA, AL 35404-5842 |
| Phone: | (205) 759-1595 |
| Fax: | (205) 342-0111 |
| Website: | https://www.alabamaone.org |
| Branches: | 31 branch locations |
| Members: | 96,912 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68595 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1951 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $1,452,649,253 |
| CEO/Manager: | William W Oswalt |
| Chairperson: | Loo Whitfield |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 70,698,127 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 0 |
| Real Estate Loans | 640,404,266 |
| Unsecured Loans | 32,858,120 |
| Other Loans | 334,476,441 |
| TOTAL LOANS | 1,016,849,352 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -7,552,284 |
| Land And Building | 27,125,762 |
| Other Fixed Assets | 12,139,043 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 11,306,737 |
| All Other Assets | 756,131 |
| TOTAL ASSETS | 1,452,649,253 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 15,547 |
| Notes & Interest Payable | 10,000,000 |
| Accounts Payable & Other Liabilities | 14,713,548 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 30,000,000 |
| Share Drafts | 230,065,904 |
| Regular shares | 407,388,473 |
| All Other Shares & Deposits | 667,697,839 |
| TOTAL SHARES & DEPOSITS | 1,305,152,216 |
| TOTAL LIABILITIES | 1,359,881,311 |
| Regular Reserve | 0 |
| Other Reserves | 1,196,274 |
| Undivided Earnings | 91,571,668 |
| TOTAL EQUITY | 92,767,942 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 1,452,649,253 |
| INCOME & EXPENSE | |
| Loan Income | 41,415,438 |
| Investment Income | 9,375,051 |
| Other Income | 9,007,191 |
| Total Employee Compensation & Benefits | 19,870,276 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 18,734,470 |
| Non-operating Income & (Expense) | 0 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,860,000 |
| Cost of Funds | 23,527,396 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 3,611,325 |
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