Alabama Rural Electric Credit Union

About Alabama Rural Electric Credit Union

Alabama Rural Electric Credit Union Location

Po Box 240547
Montgomery, AL 36124

Phone: (334) 215-7328
Website: arefcu.com
Routing/Transit Number: Not Available

Alabama Rural Electric Credit Union Information

Alabama Rural Electric Credit Union of Montgomery, AL is a cooperative financial institution that is controlled and owned by its members, and operated for the purpose of promoting thrift, providing credit at fair rates, and providing other financial services to its membership base. This institution has 3523 members and assets of $23,000,550, as compared to the national average of $93 million dollars of assets per credit union. Alabama Rural Electric Credit Union, first opened in 1969 and has been in operation since then. Additionally, Alabama Rural Electric Credit Union has 6 full time employees and 0 part time employees, or 587.166666667 members per employee, compared to a national average of 376.32254.

While all federal credit unions, and 95% of state-chartered credit unions, have "share insurance" (otherwise known as deposit insurance) of at least $250,000 per member through the National Credit Union Share Insurance Fund (NCUSIF), you should double-check to ensure that Alabama Rural Electric Credit Union is covered by this protection. This share (deposit) insurance is backed by the United States government and is administered by the National Credit Union Administration. Alabama Rural Electric Credit Union is a not-for-profit, cooperative, tax-exempt organization.