Credit union · NCUA insured
Mutual Savings Credit Union
A $244.5M credit union headquartered in Hoover, AL, with 19,012 members and 7 branches in Alabama. Best rates: CDs 4.00% and savings 0.65% APY.
Mutual Savings Credit Union Carrot Score
79
Carrot Score
Higher than 48% of U.S. banks and credit unions
#19 of 35 in Birmingham, AL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Mutual Savings Credit Union
Chartered in Birmingham, Alabama in 1936, Mutual Savings Credit Union was originally organized to serve employees of U.S. Steel's Fairfield Works.
The member-owned credit union serves the Central Alabama area through seven branch locations.
- Headquarters
- 2040 Valleydale Rd, Hoover, AL 35244-2006
- NCUA charter
- 60501
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Eligible to join if you live, work, worship, or attend school within a 50-mile radius of Alexander City.
- Eligible to join if you reside in, work, worship, or attend school in Autauga, Bibb, Blount, Chilton, Clay, Coosa, Dallas, Jefferson, Shelby, St. Clair, Talladega, Tuscaloosa, or Walker County.
Employers and groups
- Eligible to join if you work for one of Mutual Savings Credit Union's Preferred Partner Groups.
Family and household
- Eligible to join if you are an immediate family member of a current member.
Branches
7 branches in Alabama
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Alabama
7 branches
Birmingham area · 4
- ValleydaleMain office2040 Valleydale Rd, Hoover, AL 35244Directions
- Calera136 Marketplace Cir Ste D, Calera, AL 35040Directions
- Clanton1501 7th St S, Clanton, AL 35045Directions
- Pelham3596 Pelham Pkwy, Pelham, AL 35124Directions
Alexander City area · 1
- Alexander City1030 Lee St, Alexander City, AL 35010Directions
Tuscaloosa area · 1
- Brookwood16072 Highway 216, Brookwood, AL 35444Directions
Selma area · 1
- Selma907 Medical Center Pkwy, Selma, AL 36701Directions
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 | 9.06% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.19% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.26% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $68 | $76 | — |
- CapitalNet worth ratio9.06%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.19%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.26%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$68Peers’ 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 Mutual Savings Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.