Alabama Telco Credit Union
Alabama Telco Credit Union is a mid-sized, state-chartered credit union headquartered in Birmingham, AL. The credit union operates 16 branches in 1 state (Alabama). It has $457.9 million in assets and roughly 55,400 members.
Products offered include: Standard CD, Standard IRA CD, Step Up CD, Standard MMA, Premium MMA, Centsible Savings, Choice Checking, Business Checking and Standard Checking.
Current Alabama Telco Credit Union Rates
| Name | Term | APY | Min Deposit | |
| Standard CD | 3 months | 0.25 % | $1,000 | |
| 6 months | 0.30 % | $1,000 | ||
| 1 year | 0.50 % | $1,000 | ||
| 18 months | 0.65 % | $1,000 | ||
| 2 years | 0.75 % | $1,000 | ||
| 3 years | 0.90 % | $1,000 | ||
| 4 years | 1.20 % | $1,000 | ||
| 54 months | 1.40 % | $5,000 | ||
| 5 years | 1.45 % | $1,000 | ||
| Standard IRA CD | 3 months | 0.25 % | $1,000 | |
| 6 months | 0.30 % | $1,000 | ||
| 1 year | 0.50 % | $1,000 | ||
| 18 months | 0.65 % | $1,000 | ||
| 2 years | 0.75 % | $1,000 | ||
| 3 years | 0.90 % | $1,000 | ||
| 4 years | 1.20 % | $1,000 | ||
| 54 months | 1.40 % | $5,000 | ||
| 5 years | 1.45 % | $1,000 | ||
| Step Up CD | 18 months | 0.55 % | $1,000 | |
| 2 years | 0.65 % | $1,000 | ||
| 3 years | 0.80 % | $1,000 | ||
| 4 years | 1.10 % | $1,000 | ||
| 5 years | 1.30 % | $1,000 | ||
| Step Up IRA CD | 18 months | 0.55 % | $1,000 | |
| 2 years | 0.65 % | $1,000 | ||
| 3 years | 0.80 % | $1,000 | ||
| 4 years | 1.10 % | $1,000 | ||
| 5 years | 1.30 % | $1,000 |
Alabama Telco Credit Union Membership Eligibility
You don't have to work for the phone company to be a member of Alabama Telco Credit Union. In fact, it is easier than you think! If you meet any of the following requirements, visit your local Alabama Telco branch or call us at 1.800.24.TELCO to sign up today.
Individuals who live, work, worship or attend school in the following counties are eligible for membership: Autauga, Baldwin, Calhoun, Coffee, Elmore, Geneva, Houston, Jefferson, Madison, Mobile, Montgomery, Pike, Shelby, St. Clair, Talladega, Tuscaloosa
If you are an employee of an Alabama Telco select employee group (SEG), you are eligible for membership. Click here to see if your company is a SEG of Alabama Telco. For information on how your company or association can offer Alabama Telco service, please call our Marketing Department at (205) 985-3760 or toll free at 1-800-350-6281.
If you are related by blood or marriage to members of Alabama Telco Credit Union, you are eligible for membership.
About Alabama Telco Credit Union
Alabama Telco Credit Union began operations in December of 1934 with seven charter members and a capital base of $70. Formed to serve the Southern Bell employees and their families, our founding principles were to assist members in maintaining good credit and offering them a systematic plan of saving.
Steady progress characterized our years until World War II began, when savings deposits began to grow dramatically. That first $70 had turned into $396,000 by 1945. By 1955, our assets had reached $2.35 million, with well over 5,000 members.
This remarkable growth continued with computerization in the 1970s and a field of membership expansion in the 1980s to include groups outside of the Bell Telephone System. At our 50-year anniversary in 1984, we were serving over 15,000 members with assets topping $46 million.
Today we have many accomplishments of which we can be proud. Alabama Telco currently provides financial service to approximately 50,000 members through ever-increasing delivery points, including Alabama Telco branches throughout Alabama, a shared network of Credit Union Service Centers across the United States, telephone and internet access.