Founded in 1951 as TRW Federal Credit Union, Alabama ONE began with a simple mission: to empower members with the resources they need to build strong financial futures.
Over the decades, we evolved from serving a single employer group into a statewide financial cooperative, now proudly serving more than 97,000 members across 58 of Alabama’s 67 counties. Headquartered in Tuscaloosa, Alabama ONE has grown to over $1.4 billion in assets and offers a full suite of financial solutions—from personal and business banking to wealth management and insurance services. Our commitment to innovation and community impact drives everything we do.

1951

Founded in 1951 as TRW Federal Credit Union, Alabama ONE began with a simple mission:
to empower members with the resources they need to build strong financial futures.
1973
After its original charter as TRW Federal Credit Union in 1951, the credit union was renamed BF Goodrich Employees Federal Credit Union on July 18, 1973. By 1975, it was operating under that name, serving Goodrich employees and growing its membership base.
1997
First move outside of Tuscaloosa County with expansion into Carrollton.
2001

In early 2001, BF Goodrich Employees Federal Credit Union was granted community credit union status. This milestone expanded membership eligibility to all who live, work, worship or are educated in Tuscaloosa and Pickens Counties, rather than being limited to company employees.
2005

In 2005 Alabama ONE Credit Union officially opened its new main branch on Veterans Memorial Parkway. This addition has allowed for further service to be offered to our community in the Tuscaloosa area.
2009
Merged with Alabama Mental Health Credit Union and formally changed its name to Alabama ONE Credit Union, reflecting its broader community focus and regional ambitions beyond its corporate origins.
2020

In 2020, Alabama ONE welcomed Alabama Rural Electric Credit Union, organized in 1969 to serve
the 23 Alabama Rural Electric Cooperatives, their employees, and members across Alabama.
2021

First Bank of Linden – Acquired in 2021, Alabama ONE created a Marengo branch
as well as opening additional branches in Alberta and Lake View that same year.
2023

First Bank of Wadley – Acquired in 2023, included 5 branches in Roanoke, Wadley,
Goodwater, Hollis Crossroads, and Rockford in East Central Alabama.

Brewton Mill Federal Credit Union and McIntosh Chemical Federal Credit Union
merged with Alabama ONE in 2023 creating branches in Brewton and McIntosh, AL.
2024


Continued expansion in communities such as Millbrook, Demopolis, Pike Road,
Valley, Dothan and Samson in 2023 and 2024, reinforcing our commitment to rural areas.
2025

Valley Branch – Opened June 2025, bringing Alabama ONE’s services to East Central Alabama and supporting local businesses and families with personalized financial solutions.
2026
Today, Alabama ONE Credit Union is a $1.4 billion-dollar, full-service financial cooperative, with 29 branch locations and over 300 employees, serving more than 97,000 members across the state of Alabama.
About Alabama ONE
Alabama ONE Credit Union, headquartered in Tuscaloosa, Alabama, has been serving members since its charter in 1951 as the TRW Federal Credit Union. Today, Alabama ONE is a thriving financial cooperative with over $1.4 billion in assets and 31 branches statewide. Serving more than 97,000 members across Alabama, the credit union offers membership to individuals and businesses associated with 23 Alabama Rural Electric Cooperatives, covering approximately 58 of 67 counties in Alabama. Alabama ONE provides a comprehensive suite of financial products and services, including consumer, business, agricultural, and mortgage-related offerings, as well as wealth management and full-service insurance solutions. The credit union is dedicated to empowering its members with the resources they need to build a strong financial future.
What started as one branch has expanded into 31 locations statewide, ensuring convenient access for our members. Alabama ONE is now a statewide franchise in Alabama. Alabama ONE provides a unique offering of consumer and commercial-related products, as well as wealth management and an in-house insurance agency. Alabama ONE is dedicated to giving members the resources they need to build the strong financial future they deserve.
Federally Insured by NCUA. Equal Housing Opportunity. NMLS 401726.
Celebrate with us!
Mark your calendars and come join us for our Member Appreciation celebrations with events and activities on the following dates:
Millbrook Branch - Friday, February 6th
Mt. Vernon Branch - Friday, February 13th
McIntosh Branch - Friday, February 13th
Centre Branch - Friday, March 13th
Montgomery Branch @ AREA Tradeshow - Wednesday, April 8th
Demopolis Branch - Friday, April 10th
Linden Branch - Friday, April 10th
All Central Area Celebrations (Annual Meeting) - Tuesday, May 5th
Brewton Branch - Thursday, June 18th
Pike Road Branch - Friday, July 10th
Goodwater Branch - Friday, August 7th
Rockford Branch - Friday, August 7th
Wadley Branch - Wednesday, September 3rd
Gordo Branch - Tuesday, September 15th
Carrolton Branch - Tuesday, October 20th
Fayette Branch - Thursday, October 22nd
Dothan Branch - Friday, November 6th
Samson Branch - Friday, November 6th
Hollis Crossroads Branch - Friday, December 11th
Roanoke Branch - Friday, December 18th
Check back for updates throughout the year - Valley and Southside Branches TBD
What’s Your ONE?
Want to Speak to an Expert?
Dive into a seamless experience with our AI-powered Penny Chat for instant, accurate assistance, or connect with our team through Live Chat during business hours for personalized support. Plus, we've extended our after-hours servicing for loans and new account assistance, now available from 5 PM to 10 PM, ensuring we're here for you whenever you need us.