By opening a savings account at Alabama Credit Union, you are establishing membership with us and can take advantage of all that the credit union has to offer including one of ourchecking accountoptions! For incoming international wire transfers a Swift or BIC number is not required for our credit union. Thechecking account number ends in 50 and can be found on your Alabama CU checks that were mailed to you. Declaration Date:For calendar quarter ending September 30, 2021. In addition, your Member Business Account is privately insured up to $100,000 by ExcessShare Insurance. Alabama Credit Union savings (share) accounts pay dividends, calculated on daily balances credited and compounded quarterly, at a rate determined by the Board of Directors. What is Alabama Credit Unions routing and transit number? Phone: 888.817.2002. All rights reserved. Visit AlabamaCU.com and select Register under the Online Banking login found in the top right. Linked sites are not under the control of Alabama ONE Credit Union and Alabama ONE Credit Union is not responsible for the content of any linked site. A Coverdell Educational Savings Account (ESA) can help parents sleep at night. Are my businesss funds federally insured? Box 862998; Tuscaloosa, AL 35486. A copy of Alabama Credit Unions fee schedule is included in this letter. In the event that a change to any particular loan is necessary, we will be in contact with you to discuss all available options. Home Branch, our online banking tool, is free, easy and powerful.

Electronic Bill-Pay and Bill-Presentment safe and secure online, automated, and convenient bill payment and bill-receiving service, Coin sorter/counter equipment available at some Alabama CU branches to allow you to quickly and inexpensively count and deposit coinage, Credit Card Merchant Services a low-cost system that allows you to process credit card transactions (VISA, MasterCard, Discover, and American Express) at your point of sale, Mobile Deposit-allows you to use the ACUmBranch. In the event that a change to any particular loan is necessary, we will be in contact with you to discuss all available options. Cant I deal with just one person about my account? Product accounts will have a suffix or the last two digits added to the Member Number to identify the individual product type.

The upcoming conversion is scheduled for Friday, June 24, 2022. Open an account or apply for a loan today, Auto Rates as Low as 1.99% & Extended Terms. And at Alabama ONE, thats our purpose. Check your account balance(s) 24/7 with our Automated Telephone Banking Service. Thats why we exist: to help you build a healthy financial life so that whatever the goal that is most important to you your ONE becomes a reality. Savings account dividends are declared after the end of each quarterly period. Activation instructions will be mailed with your new Alabama CU Debit Card. Or a bigger house to fit your growing family. The only difference is after our system conversion, you will access all of your accounts via one, unique Alabama CU Member Number. For further information about these accounts please visit an Alabama Credit Union branch. While you may notice different terminology and intervals at which fees may be charged, it is Alabama Credit Unions goal to keep total fee amounts the same or less than what was historically charged. All rights reserved. A simplified process. Well send an e-mail with a link to your statement. Quickly, well learn more about your businesss needs, trends, and preferences. Depending on your businesss ownership structure, these insurance protections are in addition to those in place for your personal account(s). Seeing a child work towards a college degree is a parent's dream. Plus, a growing suite of products and services tailored for small businesses.

Call (800) 478-1025 to get started. Post system conversion you will see a new Savings Account added to your product listings with Alabama CU. Stop using your Security Federal Savings Debit Card on June 24.Activate & begin using your Alabama CU Debit Card on June 25. Our Mission | Routing Number: 262277419 | Contact Us | Call Us: 888.817.2002| Web Accessibility | Disclosures, 2021 Alabama Credit Union. *New lienholder information: Alabama Credit Union, P.O. While access to some services may transition at different intervals leading up to and through the account conversion, there should be no impact to your ability to use your account up to and through conversion. Do I have to be a member to open a Member Business Account? Find the credit card with rewards and benefits that fit your life. Probably so. We make financing your new vehicle easy. For checking account members, you can find your new account number on the checks that were mailed. Yes, update direct deposit and automatic drafts with new clearing information on June 25. You may also visit our drive-up windows, or use our night depositories (not available at all branches). Example: If your Alabama CU Member Number is 4122222 then 412222250 will indicate a Checking Account, 412222200 and 412222201 will indicate a Savings Account. We expect your existing mortgage loan currently being serviced by Security Federal Savings Bank to move to Alabama Credit Union with the same terms.

Example: 0412222250. Vacation Club account holders can receive their funds anytime they choose. Yes, and is entitled to one vote at our annual membership meeting. When will the account conversion take place? Will my account number or account names change with the account conversion? Alabama Credit Unions Organization Account comes with the same great benefits as ourShare Savings account. With no minimum balance, no monthly service fee, and the same dividend rate paid on our regular savings accounts, you'll be able to get started easily and watch your savings grow (payroll deduction or direct deposits into your account is the best way to reach your savings goals!). We invite you to contact your MBA representative whenever you have a question, suggestion, or comment. Maybe you dream about getting out of debt once and for all. No. *New lienholder information: Alabama Credit Union, P.O. Electronic or automatic withdrawals and transfers are limited to six per month. Will I need to update my ACH (Automated Clearing House) transactions (social security, payroll, etc.)? Stay on top of your club or registered student organization's finances with an organization account from Alabama Credit Union! If you did not receive checks call 888.817.2002. The member savings account number ends in 00 and additional savings account product types start at 01, 02, 03 etc. Phone: 888.817.2002 Contact: MortgageServices@AlabamaCU.com for additional questions. You may begin using these checks on June 25. Well introduce you to our Member Business Accountdepartment. Will my consumer loan(s) remain the same following account conversion. Competitive rates. Your new debit card will be mailed to you by June 22, but you cannot activate it until on or after June 25. Will my Security Federal Savings Bank checks still work, or do I need to order new ones? Perhaps, but only if our lobby is quite busy. Privacy NoticePrivacy & SecurityFee Schedule. Paying for college has never been this easy. $14 fee for all incoming international and domestic wires. If you visit inside our office, well accept your deposit, issue a provisional receipt, and advise you of any corrections to your deposit later.

Make sure you're up-to-date on the new procedure for establishing and maintaining UA student organization accounts: Well need the following information for every person who will be a signer on the account before we can activate your organizations account. Thanks to the not-for-profit structure of Alabama Credit Union, our share savings accounts generally earn higher rates of return than similar accounts at for-profit financial institutions. Big goals life goals. After June 24, update lienholder information on your insurance policy that covers the financed collateral. After the conversion, all of your accounts will be grouped under your Alabama CU Member Number. These instructions are for wire transfers only and are not to be used for ACH payments, direct deposit or other electronic payments: To wire funds from Alabama Credit Union to another financial institution in the United States, or to complete an outgoing international wire, please visit anyAlabama CUbranch location. Give the sending financial institution the following wire transfer instructions. And, you can have employees drop off and pick up night deposit bags (theyll be asked to sign our control log). If your place of business is located in one of thecommunitiesthat we serve, it is eligible to become a member of Alabama Credit Union. Box 862998; Tuscaloosa, AL 35486. All rights reserved, Establishing and Maintaining UA Student Organization Account & Checklist.pdf. $50 for $10,000 and under and $100 for over $10,000 for outgoing international wires. Competitive pricing on account fees, and extraordinary member service. Maybe youre ready to start your career. This Savings Account is to establish your membership with Alabama CU and will show a $5 balance that was funded by Alabama CU. Our Mission | Routing Number: 262277419 | Contact Us | Call Us: 888.817.2002| Web Accessibility | Disclosures, 2021 Alabama Credit Union. Must I wait in line when I make a deposit for my Member Business Accounts? Alabamas routing and transit number is 262277419. After June 24, update mortgage information on your insurance policy that covers the financed collateral. Does this mean my business is a member of the credit union? We expect your existing consumer loans to transfer to Alabama Credit Union with the same terms. Because thats how it works: Your goals change as life changes. Maybe you want to buy your first house. You are about to leave Alabama ONE Credit Unions website. Alabama ONE Credit Union provides links to other websites for your convenience and informational purposes. **International transfer to a new recipient - We will charge $50 for the test wire in the amount of $50-$100, and once we get a confirmation from the member that the test wire was successful, we will wire the rest of the funds and charge a second $50 fee. e-statements fast, convenient monthly account statements available through a secure Web site. (And there's no need to visit our office each year to set up your new Christmas Club account as long as you keep your regular deposits arriving in your account. Notify Me Alerts -custom-selected or pre-determined alerts about your account sent via text message or email. Maybe you want to go to school or go back to school or send your kid to school. Alabama Credit Union also offers special Organizational Accounts for UA and UAHuntsville student groups. When will online/mobile access be available? But with rapidly rising costs of higher education, this dream can become a financial nightmare. Our Mission | Routing Number: 262277419 | Contact Us | Call Us: 888.817.2002| Web Accessibility | Disclosures, 2021 Alabama Credit Union. What advantages does Alabama Credit Union offer? If wiring funds to China, please note:U.S. dollar and foreign currency (FX) wires destined for China, in any amount, must include the following: These requirements are in keeping with Chinas anti-money laundering law, effective earlier this year, which demands that financial institutions keep data on clients identity and transaction records, and report large and suspect transactions. Will new debit cards be issued as part of the account conversion? All rights reserved, For further credit to: Alabama Credit Union, ABA # 262277419, For final credit to: (add member's name, ACU account number, suffix number here). As a not-for-profit, we don't share money with stockholders like a bank, we return profits to members like you -- through higher savings dividends and lower loan rates. You have financial goals. Your new Alabama CU checks will arrive around June 22. Or maybe its time to change careers. Yes, new debit cards will be sent to replace existing Security Federal Savings Bank-branded debit cards. Alabama Credit Union Team Members will be on-site both prior and after account conversion to answer questions. But one thing is true most of lifes big goals require healthy finances. Personal identification numbers (PIN) can be set by calling (800) 992-3808 or by visiting a local branch. In November, Christmas Club account holders will receive adeposit into their savings or checking accountfor the balance held in their Christmas Club accounts so they can get their shopping underway while selections are best. What products and services are available now as part of the Member Business Account package? Overdraft Protection a courtesy program that permits your accounts NSF items to be paid, up to a specified limit, and subject to conditions, MasterCard ATM/Debit Card a card that works like writing a check from your Member Business Account, MasterCard Credit Card a credit card that is available to small businesses when personally guaranteed by the business owner(s) and/or authorized officer(s). Due to the not-for-profit nature of the credit union structure and philosophy, savings accounts generally earn higher rates of return than similar accounts at other financial institutions. What matters most when youre 23 is different when youre 35 or 55. However, if you haven't resumed deposits by May 1, you will need to visit us to open a new Christmas Club account.) Dont worry for those accustomed to multiple account numbers, youll still have the same product accounts. Our Mission | Routing Number: 262277419 | Contact Us | Call Us: 888.817.2002| Web Accessibility | Disclosures, 2021 Alabama Credit Union. Yes, up to $250,000 by the National Credit Union Administration. You can also send a secure message to our Member Care Agents through youronline bankingsecure account, via the 'Contact Us' sectionand follow the instructions provided. Stop using Security Federal Savings checks on June 24.