Program areas at ATCU
Alabama banking code, section 5-17-1, states that a Credit Union is a cooperative society incorporated for the twofold purpose of promoting thrift among its members and creating a source of Credit for them at legitimate rates of interest. Alabama Teachers Credit Union, an Alabama state chartered Credit Union, was established to provide these services to its members who are employees, and their relatives, of the public schools located in etowah, dekalb, marshall, cherokee, and calhoun counties. The Credit Union's field of membership also includes selected employee groups and individuals that reside in these counties. As of december 31, 2023, the Credit Union provided services to approximately 32,620 members.
Financials for ATCU
| Revenues | FYE 12/2023 | FYE 12/2022 | % Change |
|---|
| Total grants, contributions, etc. | $0 | $0 | - |
| Program services | $28,308,124 | $23,248,388 | 21.8% |
| Investment income and dividends | $0 | $0 | - |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $28,308,124 | $23,248,388 | 21.8% |
Organizations like ATCU
| Organization | Type | Location | Revenue |
|---|
| Alabama Central Credit Union | 501(c)(14) | Birmingham, AL | $11,226,691 |
| Guardian Credit Union | 501(c)(14) | Montgomery, AL | $79,832,389 |
| Winsouth Credit Union | 501(c)(14) | Gadsden, AL | $23,682,218 |
| Naheola Credit Union | 501(c)(14) | Pennington, AL | $11,164,826 |
| Riverfall Credit Union | 501(c)(14) | Tuscaloosa, AL | $8,173,855 |
| Family Savings Credit Union | 501(c)(14) | Rainbow City, AL | $68,085,407 |
| Alabama Credit Union | 501(c)(14) | Tuscaloosa, AL | $106,263,577 |
| Fort McClellan Credit Union (FMCU) | 501(c)(14) | Anniston, AL | $10,075,031 |
| Max Credit Union | 501(c)(14) | Montgomery, AL | $110,340,417 |
| Family Security Credit Union | 501(c)(14) | Decatur, AL | $54,916,130 |
Data update history
January 24, 2025
Updated personnel
Identified 1 new personnel
January 9, 2025
Posted financials
Added Form 990 for fiscal year 2023
January 6, 2025
Updated personnel
Identified 3 new personnel
January 15, 2024
Posted financials
Added Form 990 for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
MembershipsState / local levelCommunity engagement / volunteeringProvides scholarships
General information
- Address
- 702 Walnut St
- Gadsden, AL 35901
- Metro area
- Gadsden, AL
- County
- Etowah County, AL
- Website URL
- emblemcu.com/
- Phone
- (256) 543-7040
- Facebook page
- alabamateacherscreditunion
- Twitter profile
- @alteacherscu
IRS details
- EIN
- 63-6046132
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 1959
- Eligible to receive tax-deductible contributions (Pub 78)
- No
Categorization
- NTEE code, primary
- W60: Financial Institutions, Credit Unions
- NAICS code, primary
- 522130: Credit Unions
- Parent/child status
- Child within group exemption
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