EIN 36-4618706

Max Credit Union

IRS 501(c) type
501(c)(14)
Num. employees
367
State
Year formed
1955
Most recent tax filings
2022-12-01
Description
Max Credit Union is a cooperative community financial institution that serves approximately 117,000 members in Montgomery, Alabama and surrounding areas. Max promotes thrift among its members by offering competitive savings products such as savings, checking and certificate of deposit accounts as well as IRA savings accounts. Additionally, Max meets the financial needs of its members by providing a source of credit through various consumer, real estate, and business lending products at reasonable rates of interest.
Related structure
Max Credit Union is child organization, under the parent exemption from Alabama Credit Union Administration.
Total revenues
$81,267,225
2022
Total expenses
$62,954,777
2022
Total assets
$1,964,438,398
2022
Num. employees
367
2022

Program areas at Max Credit Union

In our efforts to promote thrift among our members, Max provides competitive savings products, which include savings, checking, andcertificate of deposit accounts as well as ira savings accounts.
In addition to the savings and lending products we offer, Max provides a variety of other financial services to meet the needs of our members.
To meet the financial needs of our members, Max provides a source of Credit by offering a variety of consumer, real estate, and business lending products at reasonable rates of interest.

Grants made by Max Credit Union

GranteeGrant descriptionAmount
River Region United WayCommunity Giving$15,000
Alabama Shakespeare FestivalCommunity Giving$10,000

Personnel at Max Credit Union

NameTitleCompensation
Martin E HeadPresident and Chief Executive Officer / Senior Vice President and Clo / Senior Vice President Business Services$505,566
Tim MarquardtSenior Vice President and Chief Financial Officer$271,018
Dg MarkwellChief Marketing Officer$182,988
Clinton Dale WatkinsChief Information Officer$213,616
Sandra BranchChief Talent Officer / SVC Ctr Consultant Iii$213,756
...and 17 more key personnel

Financials for Max Credit Union

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$68,868,666
Investment income and dividends$13,513,563
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-1,115,004
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$81,267,225

Form 990s for Max Credit Union

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990View PDF
2021-122022-11-10990View PDF
2020-122021-11-08990View PDF
2019-122021-06-07990View PDF
2019-122021-01-12990OView PDF
...and 10 more Form 990s

Organizations like Max Credit Union

OrganizationLocationRevenue
APCO Employees Credit UnionBirmingham, AL$88,615,377
Alabama Credit UnionTuscaloosa, AL$76,294,666
Family Security Credit UnionDecatur, AL$43,290,857
Listerhill Credit UnionSheffield, AL$65,807,803
Alabama State Employees Credit UnionMontgomery, AL$23,220,315
Guardian Credit UnionMontgomery, AL$62,110,372
Avadian Credit UnionBirmingham, AL$56,357,889
Family Savings Credit UnionRainbow City, AL$50,899,243
Alabama Teachers Credit Union (ATCU)Gadsden, AL$23,248,388
Alabama One Credit UnionTuscaloosa, AL$50,038,173
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 5 new personnel
December 31, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 14, 2023
Used new vendors
Identified 21 new vendors, including , , , , , , , , , , , , , , , , , , , , and
Nonprofit Types
Credit unionsChapter / child organizations
Issues
No issues found
Characteristics
State / local level
General information
Address
PO Box 244040
Montgomery, AL 36124
Metro area
Montgomery, AL
County
Montgomery County, AL
Website URL
mymax.com/ 
Phone
(800) 776-6776
IRS details
EIN
36-4618706
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1955
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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