America's First Federal Credit Union

A short history of America's First FCU

Since its inception in 1936 the America's First Federal Credit Union has been serving its members in the BIRMINGHAM, 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 Bill Connor, the America's First FCU has grown its membership to over 150,127 with assets of more than $1,501,730,822. They have a main office and 19 branch offices. Please see the credit unions website or contact them by phone at (205) 320-4185 or email them at none to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in BIRMINGHAM, AL.

General Information For America's First FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Compare America's First Federal Credit Union To Other Local Credit Unions

Credit Union Name	Branch Name	Address	Zip Code	Phone Number	ATM Access	Distance (Miles)
Jefferson Credit Union CU	Hoover	5261 Ross Bridge Pkwy	35226	(205) 444-4528	No	0.15
Alabama Postal CU	Alabama Postal Credit Union postal Credit Union	351 24th St N	35202	(205) 252-4812	No	0.39
Apco Employees CU	Jasper	706 20th Ave E	35501	(205) 221-4238	No	0.40
Social Security CU	Social Security Credit Union	1200 Reverend Abraham Woods Jr Blvd	35201	(205) 323-7028	No	0.65
City Of B'ham General Employees CU	City of Birmingham General Employees Credit Union	708 17th St N	35203	(205) 583-4654	No	0.76

America's First Federal Credit Union Financial Performance Charts

Financial Data

America's First Federal 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	9.40	3.22	3.82	3.00	3.58
Mean Rate For All USA Based Credit Unions	10.56	3.72	5.00	4.48	4.95
Rank Among All USA Credit Unions	193	171	182	26	60
Rank Among All Alabama Credit Unions	9	18	16	2	5

America's First Federal Credit Union Highest Deposit Rates With State and USA Rankings

	Checking	Regular Savings	Money Market	Certificates of Deposits	IRA/KEOGH
Rate	0.03	0.36	0.45	1.50	0.75
Mean Rate For All USA Based Credit Unions	0.19	0.26	0.29	0.73	0.66
Rank Among All USA Credit Unions	130	80	69	91	192
Rank Among All Alabama Credit Unions	15	13	6	8	18

America's First Federal Credit Union Loans and Leases

Interest Rate

Number of Loans

Amount

Unsecured Credit Card Loans	9.400	18,536	38,444,204
All Other Unsecured Loans/Lines of Credit	12.430	23,006	19,293,242
Short-Term, Small Amount Loans (STS) (Federal CU Only)	0.000	0	0
Non-Federally Guaranteed Student Loans	7.380	178	4,058,740
New Vehicle Loans	3.220	8,854	214,461,010
Used Vehicle Loans	3.820	16,320	235,736,129
Total 1st Mortgage Real Estate Loans/Lines of Credit	3.000	4,792	339,820,851
Total Other Real Estate Loans/Lines of Credit	3.580	2,106	44,162,731
Leases Receivable	0.000	0	0
Total All Other Loans/Lines of Credit	11.420	8,105	78,346,652
TOTAL LOANS & LEASES		81,897	974,323,559

America's First Federal 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	515	32,647,691	86	12,513,983
b. 15 Years or less	2,584	179,356,070	135	15,081,706
Balloon/Hybrid
a. > 15 years	310	26,011,093	0	0
b. 15 Years or less	596	83,061,744	20	3,565,170
Other Fixed Rate	0	0	0	0
Adjustable Rate 1 yr or less	21	1,418,202	0	0
Adjustable Rate > 1 yr	766	17,326,051	79	2,906,878

OTHER REAL ESTATE

Closed-End Fixed Rate	232	7,417,105	15	1,045,060
Closed-End Adjustable Rate	38	1,511,670	3	198,000
Open-End Adjustable Rate	1,836	35,233,956	230	5,904,007
Open-End Fixed Rate	0	0	0	0
TOTALS	6,898	383,983,582	568	41,214,804

MISCELLANEOUS REAL ESTATE LOANS/LINES OF CREDIT INFORMATION

Interest Only & Payment Option 1st Mortgage Loans	4	154,986		109,000
Interest Only & Payment Option Other RE/LOC Loans	8	701,697		426,363
REVERSE MORTGAGES
a. Federally Insured Home Equity Conversion Mortgage (HECM)	0	0	0	0
b. Proprietary Reverse Mortgage Products	0	0	0	0

America's First Federal 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	Yes
Check Cashing	Yes
Money Orders	No
No Surcharge ATMs	No
Home Banking Via Internet Website	Yes