Credit union · NCUA insured
Railroad Federal Credit Union
Top CarrotA $100.8M credit union headquartered in Irondale, AL, with 4,750 members and 1 branch in Alabama. Best rates: CDs 4.08% and savings 0.60% APY.
Railroad Federal Credit Union Carrot Score
Carrot ScoreTop Carrot
Higher than 76% of U.S. banks and credit unions
#10 of 35 in Birmingham, AL metroHow the score works →
Deposits are federally insured by the NCUA up to $250,000 per depositor.
About Railroad Federal Credit Union
Federally chartered in 1956 to serve employees of the Southern Railway System, Railroad Federal Credit Union is headquartered in Irondale, Alabama.
The credit union converted from a federal charter to a state charter in December 2017.
- Headquarters
- 1808 2nd Ave S, Irondale, AL 35210-1512
- NCUA charter
- 68688
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This may be incomplete or out of date, so check with the credit union before you apply.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
- Persons living or working in Jefferson, St. Clair, Shelby, Tuscaloosa, Blount, and Walker counties are eligible to join.
Employers and groups
- Employees of Morris Shea Bridge may use credit union services.
- Membership is available to Norfolk Southern employees working out of Norris Yard in Irondale.
Military, government and schools
- Employees of the City of Irondale may use credit union services.
Family and household
- Family members of employees of the City of Irondale and Morris Shea Bridge are eligible to join.
- Family members of Norfolk Southern employees working out of Norris Yard in Irondale are eligible to join.
Cost to join
- A deposit of $25 is required to open a regular share account and must be maintained to access accounts or services.
Branches
1 branch in Alabama
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Alabama
1 branch
- Main OfficeMain office1808 2nd Ave S, Irondale, AL 35210Directions
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 | 14.40% | 11.43% | 13.58% or more |
| Troubled loans60+ days late | 0.07% | 0.68% | 0.39% or less |
| ProfitabilityReturn on assets | 0.65% | 0.75% | 1.18% or more |
| LendingLoans per $100 deposited | $13 | $76 | — |
- CapitalNet worth ratio14.40%Peers’ middle 11.43% · Top 25% 13.58%+
- Troubled loans60+ days late0.07%Peers’ middle 0.68% · Top 25% ≤0.39%
- ProfitabilityReturn on assets0.65%Peers’ middle 0.75% · Top 25% 1.18%+
- LendingLoans per $100 deposited$13Peers’ 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 Railroad Federal Credit Union are confidential. These figures are what it reports to the NCUA each quarter, set beside its peers; they aren’t a rating.