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RAILROAD CREDIT UNION

Sep, 30, 2025 — RAILROAD CREDIT UNION is a federally insured state chartered credit union headquartered in IRONDALE, AL with 1 branch location and about $100.92 million in total assets. Opened 70 years ago in 1956, RAILROAD CREDIT UNION has about 4,765 members and employs 8 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


Name:RAILROAD CREDIT UNION
Address:
(Main Office)
1808 2nd Ave S
IRONDALE, AL 35210-1512
Phone:(205) 956-0678
Fax:(205) 956-0834
Website:https://www.railroadccu.com
Branches:1 branch locations
Members:4,765
Credit Union Type:Federally Insured State Chartered Credit Union
Charter Number:68688
Membership Type:State chartered natural person
Corporate Credit Union:No
Year Opened:1956
Last Audited:Aug 01, 2024
FHLB Member:No
Low Income Designation:No
Assets:$100,918,537
CEO/Manager:Sharon Hazelwood
Chairperson:Leslie C Smith

Call Report

  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 9,771,581
TOTAL INVESTMENTS 0
Loans Held for Sale 0
 
 Real Estate Loans 21,757
 Unsecured Loans 1,663,894
 Other Loans 10,809,733
 TOTAL LOANS 12,495,384
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -267,366
 Land And Building 76,001
 Other Fixed Assets 34,949
 NCUSIF (National Credit Union Share Insurance Fund) Deposit 880,730
 All Other Assets 0
  TOTAL ASSETS 100,918,537
LIABILITIES & CAPITAL:  
 Dividends Payable 0
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 353,207
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 1,399,942
 Regular shares 41,920,618
 All Other Shares & Deposits 43,704,166
  TOTAL SHARES & DEPOSITS 87,024,726
  TOTAL LIABILITIES 87,377,933
 Regular Reserve 0
 Other Reserves -595,623
 Undivided Earnings 14,136,227
  TOTAL EQUITY 13,540,604
  TOTAL LIABILITIES, SHARES, & EQUITY 100,918,537
INCOME & EXPENSE  
 Loan Income 580,242
 Investment Income 1,901,420
 Other Income 29,105
 Total Employee Compensation & Benefits 596,326
 NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense 0
 Total Other Operating Expenses 393,694
 Non-operating Income & (Expense) 0
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 17,570
 Cost of Funds 1,241,249
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 328,593
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