America's First Federal Credit Union

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America's First Federal Credit Union
Company typeCredit union
IndustryFinancial services
Founded1936
HeadquartersBirmingham, Alabama
United States[1]
Number of locations
21 full-service branches
Area served
Birmingham, Mobile County & Talladega County
Key people
Bill Connor, CEO
Total assets$1.3B USD (2014)[2]
Number of employees
275+
Websitewww.amfirst.org

America's First Federal Credit Union (AFFCU) is a credit union headquartered in Birmingham, Alabama,[1] chartered and regulated under the authority of the National Credit Union Administration (NCUA)[3] of the U.S. federal government. AFFCU is the third largest credit union in Alabama[4] with more than $1.3 billion in assets[2]and 21 branches.[5]

History[edit]

On July 22, 1936, a group of nineteen men founded Iron and Steel Workers Credit Union at United States Steel's Ensley Works facility.[6] With a cigar box to hold its cash and only two types of transactions at first, America's First has grown to become the second largest credit union in the city of Birmingham[2] and the third largest in the state of Alabama.[4]

Services[edit]

The credit union offers a variety of financial services to members:

It also offers consumer and auto loans, credit cards, mortgages, home equity lines of credit, investment planning services, and insurance services.[6]

Membership[edit]

Alabamians are eligible for membership if they live, work, worship or attend school in Bibb, Blount, Chilton, Jefferson, Shelby, St. Clair, Walker, Calhoun counties, as well as certain areas of Mobile and Talladega counties. Additionally, America's First membership is open to employees of more than 1400 Alabama-based companies. As of December 31, 2014, AFFCU had 129,503 members.[8]

Employees[edit]

As of December 31, 2014, America's First Federal Credit Union employed more than 275 individuals.[8] AFFCU was included on the Business Alabama Top 10 list of 'Best Companies to Work for in Alabama' for 2015.[9]

References[edit]

  1. ^ a b Martin, Andrew (11 June 2010). "Credit Unions Begin to Promote Their Strengths". New York Times. Retrieved 6 August 2015.
  2. ^ a b c Bagwell, Dan (1 October 2015). "Top of the List: Birmingham's largest credit unions". Birmingham Business Journal. Retrieved 6 August 2015.
  3. ^ "America's First Federal Credit Union". Better Business Bureau. BBB. Retrieved 6 August 2015.
  4. ^ a b Boyle, Megan (1 Oct 2014). "Alabama's Largest Credit Unions, Ranked by Total Assets" (PDF). Business Alabama. Archived from the original (PDF) on 4 March 2016. Retrieved 6 August 2015.
  5. ^ "Branches & ATMs". America's First Federal Credit Union. Retrieved 2023-07-13.
  6. ^ a b "America's First Federal Credit Union". WalletHub. WalletHub. Retrieved 6 August 2015.
  7. ^ Dedman, Christie (19 March 2009). "Kid's First Club pays children to save & make good grades". The Birmingham News. Retrieved 18 September 2013.
  8. ^ a b "America's First Federal Credit Union". USA Credit Unions. Retrieved 6 August 2015.
  9. ^ "Best Companies to Work for in Alabama 2015" (PDF). Business Alabama. 1 August 2015. Archived from the original (PDF) on 23 August 2015. Retrieved 7 August 2015.

External links[edit]