Alabama State Employees Credit Union

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A short history of Alabama State Employees CU

Since its inception in 1954 the Alabama State Employees Credit Union has been serving its members in the MONTGOMERY, Alabama area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by Jared Freeman, the Alabama State Employees CU has grown its membership to over 32,822 with assets of more than $259,570,715. They have a main office and 7 branch offices. Please see the credit unions website or contact them by phone at (334) 270-9011 or email them at info@asecu.org to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in MONTGOMERY, AL.

General Information For Alabama State Employees CU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 64598
Address PO BOX 231150 
City MONTGOMERY 
State Alabama 
Zip-Code 36123
Phone Number (334) 270-9011
Fax Number (334) 270-9158
Email Address: info@asecu.org
CEO/President Jared Freeman
Members 32,822 
Full-Time Employees 101 
Part-Time Employees
Number of Branch Offices
Total Assets 259,570,715 
Website https://www.yourasecu.com 

Compare Alabama State Employees Credit Union To Other Local Credit Unions


Credit Union Name
Branch Name
Address
Zip Code
Phone Number
ATM Access
Distance (Miles)
Tri-rivers CU Tri-Rivers Federal Credit Union 400 Arba St 36104 (334) 834-7483 No 0.15
Montgomery Va CU MONTGOMERY VA FEDERAL CREDIT UNION 345 PERRY HILL RD 36109 (334) 272-7790 No 3.18
Guardian CU Federal 1789 Cong W L Dickinson Dr 36104 (334) 244-9999 No 3.79
Max CU Gunter 100 S Turner Blvd 36124 (334) 215-5487 No 5.82
Fedmont CU Fedmont FCU 330 Eastdale Cir 36117 (334) 270-5532 No 5.83

Alabama State Employees Credit Union Financial Performance Charts


Performance Charts

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Financial Data


Alabama State Employees Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.62 3.77 5.00 5.64 6.76
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 212 247 324 339 413
Rank Among All Alabama Credit Unions 12 29 33 34 42

Alabama State Employees Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.15 0.25 0.30 1.01 0.98
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 108 95 97 170 163
Rank Among All Alabama Credit Unions 6 16 12 16 11
Alabama State Employees Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.6203,5498,450,551
All Other Unsecured Loans/Lines of Credit 7.2409439,215,313
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.7704849,725,560
Used Vehicle Loans 5.0006,93885,329,016
Total 1st Mortgage Real Estate Loans/Lines of Credit 5.64037029,041,635
Total Other Real Estate Loans/Lines of Credit 6.7601614,161,684
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 13.3803,19811,699,765
TOTAL LOANS & LEASES 15,643157,623,524

Alabama State Employees Credit Union Real Estate Loans and Lines of Credit

REAL STATE LOANS FIRST MORTGAGE

No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 0000
    b. 15 Years or less 26119,598,596212,043,770
Balloon/Hybrid
    a. > 15 years 0000
    b. 15 Years or less 14947,23500
Other Fixed Rate 14318,1492123,300
Adjustable Rate 1 yr or less 701,785,66700
Adjustable Rate > 1 yr 116,391,98875,290,354

OTHER REAL ESTATE

Closed-End Fixed Rate 51484,277252,000
Closed-End Adjustable Rate 0000
Open-End Adjustable Rate 1073,039,6458299,981
Open-End Fixed Rate 3637,76200
TOTALS 53133,203,319407,809,405

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans 000
Interest Only & Payment Option Other RE/LOC Loans 71,310,7610
REVERSE MORTGAGES
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Alabama State Employees Credit Union Member Offerings
First Time Homebuyer Program No
Real Estate Loans Yes
Pay Day Lending No
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit Yes
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans No
Check Cashing Yes
Money Orders No
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes