Alabama
REGULATING AGENCY: Alabama Credit Union Administration
- Greg McClellan, Administrator
- Lloyd Moore, Assistant Administrator
- Website: acua.alabama.gov
- Announcements
ACCREDITED: 1998
LEAGUE: League of Southeastern Credit Unions & Affiliates, Alabama Credit Union Association (ACUA)
- Patrick La Pine, Chief Executive Officer
- Samantha Beeler, President
- Website: lscu.coop
- Publications/Communications
- Stats and Resources
PRIVATE SHARE INSURANCE: YES
2023 STATS
- Largest SCU: APCO EMPLOYEES CU $3.5B in assets
- Largest FCU: REDSTONE FCU $7.55B in assets
Fourth Quarter 2023 | SCUs | FCUs | Total CUs | % of SCUs/Total |
---|---|---|---|---|
Total Credit Unions | 52 | 41 | 93 | 55.91% |
Credit Union Members | 1.33M | 1.38M | 2.72M | 49.07% |
Credit Union Assets | $20B | $15.54B | $35.54B | 56.28% |
FUN FACT
The first Electric Trolley System in the world was brought to life in Montgomery in 1886.
RECENT NEWS
Alabama Credit Union Administration Receives NASCUS Accreditation
The National Association of State Credit Union Supervisors (NASCUS) is proud to announce that the Alabama Credit Union Administration (ACUA) has earned Accreditation following a series of in-depth reviews and assessments by a panel of veteran state supervisors.
‘The Alabama Credit Union Administration (ACUA) is a small and independent agency within our state’s framework. The NASCUS Accreditation program provides a review of our operations, assures that quality standards for examination and supervision are appropriate and identifies practices to improve upon,” commented H. Greg McClellan, Administrator at the Alabama Credit Union Administration. “The process measures our state regulatory agency’s ability and resources to effectively carry out our regulatory and supervisory programs.”
STORY ARCHIVE
Click here to take a look at the stories that have been collected over the years in Alabama.
What’s new in your state?
Click here to submit your state-chartered credit union news stories to NASCUS today!