PIB Merger

Stay Connected as We Move Forward. Check Back for Future Updates.

Most importantly, please be on the lookout for any future communications sent to you from Peoples Independent Bank and/or Alabama ONE Credit Union. It is very important your contact information is updated in Peoples Independent Bank's current system for you to receive the most up-to-date information.

Please contact your local Peoples Independent Bank location to ensure we have the most current address, phone number, and email address for your account.

A Message From Our CEO:

We are excited to announce that Alabama ONE Credit Union has acquired Peoples Independent Bank. The stockholders of Peoples Independent Bancshares, Inc. recently approved the purchase of Peoples Independent Bank by Alabama ONE at the annual meeting of stockholders on May 15, 2026.

"This combination represents a natural extension of our growth strategy and a shared continuing commitment to support and strengthens our local communities” said Whitney Oswalt, CEO of Alabama ONE Credit Union. “We are very familiar with Peoples Independent Bank and its leadership. They have built strong local relationships and have a culture and strategic mission that aligns closely with ours. Together, we’ll be able to expand the types of products and services offered and better serve their customers and our current members living and working within the region."

Strong, Secure, and Member-Owned

As a credit union, Alabama ONE is member-owned. Your $5 minimum deposit represents your share of the credit union and establishes your membership. That means our focus is on serving our members and helping support their financial well-being. Through competitive rates, helpful financial solutions, and community-focused programs, we're committed to providing value that helps you move towards your goals.

Alabama ONE is federally insured by the National Credit Union Administration (NCUA), much like banks are insured by the FDIC. Your deposits are insured up to at least $250,000 per individual depositor and are backed by the full faith and credit of the United States.