November 16th, 2023385(MOBILE, AL) New Horizons Credit Union held a Ribbon Cutting Ceremony & Grand Opening event on Wednesday, November 15, 2023, 9:00 a.m. for its newest branch located at 9154 Cottage Hill Road at the intersection of McFarland Road in Mobile, Alabama.
Established in 1950, New Horizons Credit Union has been serving members for over 70 years and has seen tremendous growth. After conducting a market study, New Horizons Credit Union officials chose the Cottage Hill Road area to build their first-ever, ground up new branch making this their seventh branch location. This newest branch is located near the intersection of McFarland Road and...
November 6th, 2023392BIRMINGHAM, Ala. —Through Credit Unions for Kids, numerous credit unions are committed to partnering with their local Children’s Miracle Network Hospitals. This initiative allows credit unions to show how much they care, not only about their members financial wellbeing, but the wellness of families in the community also. Since 2009, ēCO Credit Union has supported Children’s of Alabama for fourteen years and has historically been the top fundraising credit union in the state of Alabama.
ēCO Credit Union’s 2023 Change for Children’s fundraiser, created to support Children’s of Alabama, took place from September 6th through...
November 6th, 2023076Tuscaloosa, AL: Alabama ONE recently announced 2 consecutive mergers with Brewton Mill Federal Credit Union (BMFCU) and McIntosh Chemical Federal Credit Union (MCFCU.) Both credit unions have been approved by their respective memberships and have been successfully merged into Alabama ONE’s operations.
Today, Alabama ONE Credit Union is pleased to announce that it has received regulatory approval to acquire the assets and deposits of the First Bank of Wadley, a wholly-owned subsidiary of Peoples Independent Bancshares, Inc. of Boaz, AL with total assets of $130 million. First Bank has a long, successful, and steady history serving...
October 16th, 2023168Tuscaloosa, AL – October 17, 2023 – The Alabama ONE Aspire Foundation will host its fifth annual Bridge Builders Conference on November 16, 2023 from 8am– 12:30pm CST at Bryant Conference Center on The University of Alabama campus.
The Bridge Builders Conference is the first of its kind in West Alabama, providing a place for teachers, parents, and community leaders to gather and discuss faith, education, and community. This free, one-day conference focuses on improving the community and connects local leaders to exchange ideas and resources to build bridges of communication and support for the communities they serve.
The 2023...
October 3rd, 2023669Coosa Pines Federal Credit Union is promoting long-time employee Nora Pruitt to Accounting Manager. Nora began her career at Coosa Pines over 17 years ago, served in the accounting department for the last 11 years, and has been the Accounting Coordinator for six years. A native of Sylacauga, Nora graduated from BB Comer Memorial High School before attending Central Alabama Community College.
Mrs. Pruitt stated that it was the credit union’s reputation that influenced her career. “When I started 17 years ago, Coosa Pines had always been known as the best financial institution in town,” she said. “Once I decided to make a career in...
September 29th, 20231188Tuscaloosa, AL – Just last month, Alabama ONE Credit Union, a leading provider of financial services, announced a merger with Brewton Mill Federal Credit Union (BMFCU) in Escambia County. Today, Alabama ONE Credit Union is pleased to announce an additional merger with McIntosh Chemical Federal Credit Union (MCFCU) in Washington County, AL. This merger was approved by the membership of McIntosh Chemical Federal Credit Union and will be made effective on October 1, 2023. The merger will further extend Alabama ONE's footprint into south Alabama, enhancing the breadth and depth of financial products and services available to members of both...
September 26th, 2023345Birmingham, Ala. – The Credit Union National Association (CUNA) announced that Avadian Credit Union won the 2022 Louise Herring Philosophy in Action Award for credit unions in the state of Alabama.
“The philosophy behind the credit union movement is ‘people helping people,’” said Linda Cencula, Avadian’s President and CEO, “so we are beyond delighted to receive the Philosophy in Action Award.”
The award is “given to a credit union for its practical application of credit union philosophy within the actual operation of the credit union.”
Avadian was recognized for its efforts in opening a new branch in the midtown...
September 7th, 20233240Tuscaloosa, AL – Alabama ONE Credit Union, a leading provider of financial services, announced that it has merged with Brewton Mill Federal Credit Union (BMFCU). This merger was approved by the membership of Brewton Mill Federal Credit Union and was made effective on September 1, 2023. The merger will extend Alabama ONE's footprint into Conecuh and Escambia counties in South Alabama, enhancing the breadth and depth of financial products and services available to members of both institutions.
"We are thrilled to welcome Brewton Mill Federal Credit Union into the Alabama ONE family," said Bill Wells, CEO of Alabama ONE. "This strategic...
September 1st, 20232437August 31, 2023 – Dothan, AL-based Five Star Credit Union announced today that it has entered into an agreement to acquire Abbeville, GA-based Wilcox County State Bank. The deal will be structured as a purchase and assumption transaction, and the consideration will be all-cash. Other financial terms were not disclosed.
Upon consummation, Five Star will have total assets of approximately $950 million and will expand its footprint to 23 full-service banking locations across lower Alabama and south and middle Georgia with the addition of Wilcox County State Bank’s four offices in Abbeville, Rochelle, Milan and Ocilla, GA.
“Five Star...
Alabama
