From humble beginnings, we’re thriving today
There are a few critical differences between a credit union and other financial institutions. It begins with who owns the company. As a member of Alabama ONE, you are also an owner of the credit union. So instead of a handful of investors profiting from our operation, you and every other member reap the benefits. In the form of higher interest on deposit accounts and lower rates on loans, as well as lower and fewer fees. Ownership does indeed have its privileges.
Alabama ONE has been in business since 1951, serving the people of Tuscaloosa, Pickens, Mobile, Jefferson, Fayette, Walker, Bibb, Hale, Greene, Lamar, Washington, Baldwin, Monroe, Escambia, Choctaw, Clarke, Wilcox, Marengo, Sumter, Morgan, Montgomery, and Shelby Counties. What began with seven(!) members and $35 in assets today serves more than 50,000 people. We are still a member-owned organization with each member sharing equally in that ownership!
