Credit Union Advocacy

We Focus On Serving Our Members

Credit Union Advocacy

Credit unions are not-for-profit financial cooperatives. No matter the size or what services a credit union offers – its structure remains the same with a focus to serve consumers and give them a financial choice. This focus on consumers benefits the entire community, including those who are not credit union members.

The Value of Credit Unions

Credit Unions are not-for-profit cooperatives - like ag and electric coops.
Governed by a volunteer board that is elected by and from the members.
Do not have stock holders. Instead, profits are returned to the members of the Credit Union.
Locally owned and operated with each member having an equal vote.
Prohibited from raising capital from outside sources.
Credit Unions give back to the communities they serve.

America's Credit Unions Policy Priorities

America's Credit Unions makes sure policymakers and regulators know why credit unions are the best financial services choice for Americans.

Preserve the Credit Union Tax Status
Protect Consumers’ Credit Cards
Empower Consumers to Manage Their Finances
Modernize the Federal Credit Union Act
Right-size Regulations for Credit Unions

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A tax on credit unions is a tax on me.

Credit unions are different than banks. As not-for-profit financial institutions, credit unions put people first. That’s why more than 140 million Americans choose credit unions as their trusted financial partner.

From no and low-fee accounts and financial counseling to better interest rates on affordable loans and more, credit unions are here to help people achieve their best financial lives.

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Our Legacy

Since our humble beginnings in 1951 as TRW Federal Credit Union, Alabama ONE has been dedicated to serving our communities. Our journey from BF Goodrich Employees Federal Credit Union to a statewide franchise reflects our commitment to growth and innovation. Today, we're proud to be a $1 billion-dollar financial institution with 29 branches, serving over 90,000 members across 62 Alabama counties.

Our expansion, including the welcome addition of Alabama Rural Electric Credit Union in 2020 and additional strategic acquisitions has strengthened our ability to provide unparalleled financial services. As a member-owned organization, we remain true to our roots, offering a unique blend of consumer and commercial products, wealth management, and insurance services. At Alabama ONE, we're not just a credit union; we're a partner in building the strong financial future our members deserve.

Advocacy