Alabama ONE Receives Regulatory Approval of First Bank Acquisition

Tuscaloosa, AL:  Alabama ONE recently announced 2 consecutive mergers with Brewton Mill Federal Credit Union (BMFCU) and McIntosh Chemical Federal Credit Union (MCFCU.) Both credit unions have been approved by their respective memberships and have been successfully merged into Alabama ONE’s operations. Today, Alabama ONE Credit Union is pleased to announce that it has received regulatory approval to acquire the assets and deposits of the First Bank of Wadley, a wholly-owned subsidiary of Peoples Independent Bancshares, Inc. of Boaz, AL with total assets of $130 million.

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Alabama ONE Completes Second Merger in Two Months

Tuscaloosa, AL – Just last month, Alabama ONE Credit Union, a leading provider of financial services, announced a merger with Brewton Mill Federal Credit Union (BMFCU) in Escambia County. Today, Alabama ONE Credit Union is pleased to announce an additional merger with McIntosh Chemical Federal Credit Union (MCFCU) in Washington County, AL.

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Alabama ONE Completes Merger of Brewton Mill Federal Credit Union

September 7, 2023- Tuscaloosa, AL: Alabama ONE Credit Union, a leading provider of financial services, announced that it has merged with Brewton Mill Federal Credit Union (BMFCU).

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Alabama ONE 3rd Quarter Digital Newsletter

July 1, 2023- Tuscaloosa, AL: Have you seen the latest Alabama ONE Quarterly Newsletter. Learn about our Getaway Giveaway, get branch updates, learn about new push notifications & more!

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Alabama ONE Awarded Credit Union of the Year by LSCU

June 16, 2023- Tuscaloosa, AL: Alabama ONE has been named the 2022 Credit Union of the Year among credit unions with more than $500 million in assets by the League of Southeastern Credit Unions (LSCU).

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Alabama ONE Aspire Foundation Announces Scholarship Recipients

June 6, 2023- Tuscaloosa, AL- Tuscaloosa, AL: Alabama ONE Aspire Foundation is proud to announce a total of $24,000 in scholarships have been awarded .

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Alabama ONE Announces New Director of Agricultural Lending, Kelley Miller

March 8, 2023- Tuscaloosa, AL- Tuscaloosa, AL: Alabama ONE is proud to welcome Kelley Miller as the new Director of Agricultural Lending, effective March 3rd.

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Alabama ONE Aspire Foundation Continues to Give Back Offering First Aid and CPR Training Classes

March 7, 2023- Tuscaloosa, AL- Alabama ONE Aspire Foundation is excited to offer free American Red Cross First Aid, CPR and AED Training classes to the West Alabama Community again.

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Alabama One Credit Union's New Mural Symbolizes Alberta's Post-2011 Rebirth

February 17, 2023- Tuscaloosa News by Gary Cosby Jr: The mural, done by Demopolis born artist Banks Compton, is a symbol of the the rebirth of the community that was badly ravaged by the 2011 tornado.

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Alabama ONE Credit Union Plans Second Bank Purchase

December 20, 2022- Credit Union Times by Peter Strozniak:: The industry’s 15th credit union-bank acquisition deal is expected to be completed during Q2 of 2023.

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Alabama ONE Credit Union Plans Large Acquisition

December 20, 2022- Birmingham Business Journal by A J O'Leary:: Find out what the deal will mean for the Tuscaloosa based credit union 

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Alabama ONE Credit Union Acquires First Bank of Wadley

December 20, 2022- Local Today - Alabama News by Maddison Gomez:: Alabama ONE Credit Union announced Monday that it has reached an agreement to acquire First Bank of Wadley. 

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Alabama ONE Credit Union Buying a Bank

December 20, 2022- American Banker by Ken McCarthy:: Alabama One Credit Union in Tuscaloosa has agreed to acquire First Bank, a subsidiary of Peoples Independent Bancshares in Boaz, Alabama. 

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Alabama ONE Expands Franchise in Rural Alabama Markets 

December 19, 2022- Southeastern Credit Union News by Lizeth George: Alabama ONE Credit Union has entered into an agreement to acquire First Bank of Wadley, AL, a wholly-owned subsidiary of Peoples
Independent Bancshares, Inc. of Boaz, AL

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Alabama ONE Expands Franchise in Rural Alabama Markets 

December 19, 2022- Tuscaloosa, AL: Alabama ONE Credit Union has entered into an agreement to acquire First Bank of Wadley, AL, a wholly-owned subsidiary of Peoples
Independent Bancshares, Inc. of Boaz, AL

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Alabama ONE Makes Strategic Changes in its Leadership Team

October 19, 2022- Tuscaloosa, AL: Alabama ONE has appointed Shelby Grantham as Senior Director of Operations and Matt Turner to oversee Accounting Operations

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New Director of Human Resources joins Alabama ONE

September 15, 2022- Tuscaloosa, AL: Alabama ONE has appointed Tracy Beam as Director of Human Resources (HR). Beam, a graduate of Auburn University, joins Alabama ONE with over two decades of all-encompassing HR experience in Finance, Commercial, and Manufacturing industries.

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Mark Gossett named Cherokee County Branch Manager

August 10, 2022- Centre, AL: Alabama ONE announced Mark Gossett, Centre, Alabama native, has been named Branch Manager of their Cherokee County Branch. Alabama ONE’s Cherokee County Branch, which opened in late January of this year, is in Centre, Alabama where Gossett was born and raised.

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