Overview
What is Alabama One Credit Union?
Alabama One Credit Union is a cooperative society based in Tuscaloosa, Alabama, with a primary mission to promote thrift and offer credit to its members at fair rates. Established under the Alabama Banking Code, the credit union serves a diverse membership, including residents and employees of certain counties and medical providers, employees of specified employers, retirees, and their families. As of December 31, 2022, the credit union had approximately 77,610 members and employed 326 people. This nonprofit financial institution provides various financial services to its members and aims to foster financial well-being within its community.
Official website here: www.alabamaone.org
Is Alabama One Credit Union legitimate?
Alabama One Credit Union is a legitimate nonprofit organization registered as a 501(c)(14) entity. Alabama One Credit Union submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are not tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,185,743
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,853,029
For more financial information, click here
Official website here: www.alabamaone.org
What is the mission statement of Alabama One Credit Union?
Alabama One Credit Union is a cooperative society incorporated with a twofold purpose: encouraging savings among its members and providing them with legitimate access to credit. According to the Alabama Banking Code, the credit union functions as a cooperative, aiming to foster thrift and serve as a reliable credit source for its members. The financial institution offers various financial services to its diverse membership base, which includes individuals living and working in specific counties, employees and residents of various medical providers, credit union employees, retirees, and their immediate family members. As of December 31, 2022, the credit union catered to approximately 77,610 members.
Official website here: www.alabamaone.org
Who is the CEO of Alabama One Credit Union?
Whitney Oswalt is the Cfo of Alabama One Credit Union. The CEO's salary of Alabama One Credit Union is $517,300 and their total compensation is $680,828.
Official website here: www.alabamaone.org
What is the revenue of Alabama One Credit Union?
Alabama One Credit Union's revenue in 2022 was $50,038,173.
Official website here: www.alabamaone.org
Who are the executives of Alabama One Credit Union and what are their salaries?
The average compensation at Alabama One Credit Union during 2022 was $46,131. There are 326 employees and 17 volunteers at Alabama One Credit Union.
Here are 25 key members and their salaries (Alabama One Credit Union's CEO's salary is $517,300 and their total compensation is $680,828):
- William C Wells (Ceo)
- Whitney Oswalt (Cfo)
- Robert Long (Chief Technology Officer)
- Jason Halperin (Chief Retail Lending Officer)
- Shelby Grantham (Senior Director Of Operations)
- Michael Brown (Director Of Retail Operati)
- William Turner (Senior Director Of Treasury & Strategic Analysis)
- William R Stallings (Chief Commercial Lending Officer)
- Martin Houstin (Chief Growth Officer)
- Tyler Foster (Director Of Wealth Advisory)
- Bobby Umfress (Director Of It Infrastructure & Operations)
- Audrey O'Neal (Chief People Officer (Term. 2022))
- Ron Abernathy (Board Member) [Trustee/Director]
- Tamika Alexander (Board Secretary) [Trustee/Director]
- Franklin Bohannon (Supervisory Committee Chair) [Trustee/Director]
- Marion Dodson (Board Treasurer) [Trustee/Director]
- Tom Fanning (Board Member) [Trustee/Director]
- Barry Mixon (Board Member - Vice Chairperson) [Trustee/Director]
- Lucy Sellers (Board Member) [Trustee/Director]
- Julie Smith (Supervisory Committee Memb) [Trustee/Director]
- Jonathan Walker (Supervisory Committee Memb) [Trustee/Director]
- Loo Whitfield (Board Member - Chairperson) [Trustee/Director]
- Fred Braswell (Board Member) [Trustee/Director]
- David Loe (Supervisory Committee Memb) [Trustee/Director]
- Shelia Penn (Board Member) [Trustee/Director]
Official website here: www.alabamaone.org
Where can I find the form 990 for Alabama One Credit Union?
The Alabama One Credit Union’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.alabamaone.org
Learn more at the official website: www.alabamaone.org
Mission Statement of Alabama One Credit Union
Alabama One Credit Union, a cooperative society incorporated in Alabama, is dedicated to two primary objectives: encouraging thrift among its members and serving as a legitimate source of credit for them. In simple terms, this financial institution exists to help its members save and borrow money at reasonable rates. With a diverse membership base, Alabama One Credit Union primarily serves individuals living and working in various counties across West, Central, and South Alabama, as well as employees, residents, and patients of specific medical providers within the state. Furthermore, it extends its membership to employees of the credit union and other specified employers, retirees, and their families. As of December 31, 2022, the credit union catered to approximately 77,610 members. Through its cooperative structure, Alabama One Credit Union offers a range of financial services to its diverse membership.
Impact
This information is meant to be a general summary of Alabama One Credit Union. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Alabama One Credit Union's impact lies in its commitment to promoting thrift among its members and providing them with a reliable source of credit at legitimate rates of interest. The credit union, with approximately 77,610 members as of December 31, 2022, serves individuals living and working in Tuscaloosa County, Alabama, as well as twenty-one other counties across West, Central, and South Alabama. Additionally, it caters to employees, residents, and patients of various medical providers in the state, employees of specific employers, retirees of the mentioned groups, and immediate family members.
Through its cooperative structure, Alabama One Credit Union plays a significant role in enhancing financial well-being and accessibility to credit for a diverse range of communities in Alabama. Its focus on creating a positive impact underscores its status as a vital financial institution that adds value to the lives of its members.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOAN INTEREST INCOME
Revenue
$28,029,951
FINANCIAL SERVICE FEE AND OPERATI
Revenue
$19,017,124
INVESTMENT INCOME
Revenue
$2,991,098
Organization Details
Founding Year
1951
Phone
(205) 759-1595
Principal Officer
Whitney Oswalt
Main Address
1215 VETERANS MEMORIAL PARKWAY, TUSCALOOSA, AL, 35404
Website
www.alabamaone.org
NTEE Category
Code: W60 - Public benefit
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