Credit union · NCUA insured
ASE Credit Union
Top CarrotA $460.9M credit union headquartered in Montgomery, AL, with 39,014 members and 9 branches in Alabama. Best rates: savings 2.52% APY.
ASE Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 99% of U.S. banks and credit unions
#2 of 17 in Montgomery, AL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About ASE Credit Union
Established in 1954 in Montgomery to serve state employees, ASE Credit Union is a member-owned, not-for-profit financial cooperative.
Operating nine locations across Alabama, the credit union expanded its service area over time, including acquiring Craig Credit Union in Selma in 2018.
- Headquarters
- 4217 Lomac St, Montgomery, AL 36106
- NCUA charter
- 64598
Membership
Who can join
This may be incomplete or out of date, so check with the credit union before you apply.
Where you live or work
- Residents of Montgomery, Autauga, Butler, Bullock, Chilton, Crenshaw, Dallas, Elmore, Lowndes, Macon, and Pike counties in Alabama are eligible to join.
Employers and groups
- Anyone employed and/or associated with ARSEA is eligible to join.
- Anyone employed and/or associated with ASEA is eligible to join.
Military, government and schools
- Current and retired employees of the State of Alabama, as well as anyone associated with the State of Alabama, are eligible to join.
- Anyone employed and/or associated with Troy University - Montgomery is eligible to join.
Cost to join
- Business membership requires a $100 minimum deposit to a Business Basic Savings account.
- Personal membership can be started with a savings deposit of as little as $5.
Branches
9 branches in Alabama
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Alabama
9 branches
Montgomery area · 6
- Millbrook74 Dudley Dr, Millbrook, AL 36054Directions
- Eastchase9190 Eastchase Pkwy, Montgomery, AL 36117Directions
- Interstate1000 Interstate Park Dr, Montgomery, AL 36109Directions
- Washington800 Washington Ave, Montgomery, AL 36104Directions
- Prattville2132 Cobbs Ford Rd, Prattville, AL 36066Directions
- Wetumpka825 Wilson St, Wetumpka, AL 36092Directions
Birmingham area · 1
- Clanton1400 Woodfin Ln Ste D, Clanton, AL 35045Directions
Greenville area · 1
- Greenville631 Willow Ln Ste N, Greenville, AL 36037Directions
Selma area · 1
- Selma1102 Singleton Dr, Selma, AL 36703Directions
Walk-in offices from the NCUA directory as of March 31, 2026. Directions open Google Maps. A nearby branch doesn’t mean you can join or open an account.
Financial details
Well capitalizedas reported to the NCUA
| Measure | This credit union | Peers’ middle | Strongest quarter |
|---|---|---|---|
| CapitalNet worth ratio | 12.01% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.31% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.96% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $57 | $76 | — |
- CapitalNet worth ratio12.01%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.31%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.96%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$57Peers’ middle $76
Compared with the 1,338 credit unions with $100 million to $1 billion in assets. The strongest quarter is what the best 25% of them reach: more capital and profit, fewer troubled loans. Lending has no better end.Troubled loans are loans 60 or more days late.
Regulators’ own ratings of ASE Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.