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Mutual Savings Credit Union Share
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Overview Share
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Mutual Savings Credit Union is a federally insured state credit union based in Birmingham, Alabama. It has been opened since 1936, for 86 years.

With around $173,640,000 in assets, Mutual Savings Credit Union is considered to be a large credit union. It has 9 branches and 6 ATM locations.

About Share
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Address Po Box 362045
Birmingham, Alabama 35236
Website http://www.mutualsavings.org
Phone (205) 682-1100
Fax (205) 682-1189
CEO Kendall L. Speed
President of the Board Richard Brooks
Services Offered
Score Card Share
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86 years
Years in business
Opened in 1936
Well Capitalized
Net worth classification
Source: NCUA
29,072 members
Membership type: State chartered natural person credit union
Above average number of members
334:1
Credit union member to staff ratio
334 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
$173,640,663
Total assets
Above average
9 branches
Compared with an average of 4 nationally and 4 in Alabama
Above average number of branches
0.10%
Savings interest rate
Compared to 0.3% nationally
9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
Branches Share
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9 branches
Compared with an average of 4 nationally and 4 in Alabama
Above average number of branches
Mutual Savings Credit Union Branch Locations

Mutual Savings Credit Union: Calera
136 Marketplace Circle Suite D.
Calera, Alabama 35040
No ATM
Mutual Savings Credit Union: Clanton
1501 7th Street S.
Clanton, Alabama 35045
ATM Available
Mutual Savings Credit Union: Pelham
3596 Pelham Parkway
Pelham, Alabama 35124
No ATM
Mutual Savings Credit Union: Alexander City
1030 Lee Street
Alexander City, Alabama 35010
ATM Available
Mutual Savings Credit Union: Midfield
199 Bessemer Super Highway
Birmingham, Alabama 35228
ATM Available
Mutual Savings Credit Union: Winewood
3000 Winewood Road
Birmingham, Alabama 35215
ATM Available
Mutual Savings Credit Union: Brookwood
16072 Highway 216
Brookwood, Alabama 35444
ATM Available
Mutual Savings Credit Union: Valleydale
2040 Valleydale Road
Hoover, Alabama 35244
ATM Available
Mutual Savings Credit Union: Selma
907 Medical Center Parkway
Selma, Alabama 36701
No ATM
Members Share
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29,072 members
Membership type: State chartered natural person credit union
Above average number of members

With 29,072 members, the Mutual Savings Credit Union is considered to be a very large credit union. It is among the largest of credit unions and is larger than 86% of credit unions.

Fees Share
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$113
Average fee per member
The average fee per member at the Mutual Savings Credit Union is $113, which is very high compared to most credit unions. This rate is higher than 89% of all credit unions.
Fees are higher than average

Credit unions, like banks, charge members various fees, such as overdraft fees, ATM fees, credit card fees, inactivity or dormat account fees, and more.

The average fee per member gives you a general sense of how much you might pay in fees as a member of the Mutual Savings Credit Union. Some credit unions tend to charge more fees, while others charge less.

Staff Share
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334:1
Credit union member to staff ratio
334 per each FTE employee
Compared to 411:1 nationally
Lots of staff!
87 staff members
FTE (full-time equivalent)
2% of employees are part-time
86 full-time, 2 part-time

Mutual Savings Credit Union has 86 full-time staff members and 2 part-time staff members. The staff is predominantly comprised of full-time staff, at approximately 98% of the workforce.

The number of members relative to staff members is an indication of how well staffed the credit union is. Mutual Savings Credit Union has around 334 members per staff, a low ratio compared to other credit unions. This is a well staffed credit union.

Assets Share
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$173,640,663
Total assets
Above average
Net worth Share
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Well Capitalized
Net worth classification
Source: NCUA
A well capitalized credit union has a net worth ratio of 7% or greater and also meets applicable risk-based net worth requirements, according to the National Credit Union Administration.
9.8%
Net worth ratio
A higher net worth ratio is better.
Compared to an average of 13.6% nationally

A credit union's net worth ratio is one of the most important metrics you should consider when deciding whether to join a credit union. Why? It's a measure of financial strength

The net worth ratio is equal to a credit union's net worth divided by its assets. According to the National Credit Union Administration, a minimum net worth ratio of 7% is required to be considered to be a well capitalized credit union.

Loans & leases Share
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$16,921
Average loan and lease size
Loan & lease sizes are big! They are bigger than at 86% of credit unions.

Mutual Savings Credit Union holds a total of $123,420,000 in loans and leases, which is about $16,921 per member on average.

Savings interest rate Share
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0.10%
Savings interest rate
Compared to 0.3% nationally

A credit union share account is an account at a credit union. It's called a share account because the credit union is member owned and as a result, members own shares in the credit union.

A share savings account pays you interest on your savings, similar to a savings account at a bank. The interest you receive can vary. Mutual Savings Credit Union pays 0.10%.

Loan rates Share
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9.90%
Unsecured credit card loan interest rate
Compared to 10.8% nationally
11.50%
Unsecured non-credit card loan interest rate
Compared to 11.2% nationally
6.00%
Other secured non-real estate loans and lines of credit interest rate
Compared to 5.3% nationally
Car loan rates Share
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4.00%
New car loan rate
Compared to 4.0% nationally
4.00%
Used car loan rate
Compared to 5.2% nationally
Mortgage rates Share
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4.25%
Mortgage rate (secured by junior lien)
Compared to 3.4% nationally
4.00%
Mortgage rate (secured by 1st lien)
Compared to 3.3% nationally

Additional Credit Unions

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Apco Employees Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 71993.0 $3 billion Well Capitalized
Electrical Workers No 558 Credit Union
Credit Union: Well Capitalized Sheffield, Alabama 2694.0 $25 million Well Capitalized
Marvel City Credit Union
Credit Union: Well Capitalized Bessemer, Alabama 1033.0 $7 million Well Capitalized
Mobile Postal Credit Union
Credit Union: Well Capitalized Mobile, Alabama 1728.0 $11 million Well Capitalized
Auburn University Credit Union
Credit Union: Well Capitalized Auburn, Alabama 16929.0 $178 million Well Capitalized
Sixth Avenue Baptist Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 897.0 $4 million Well Capitalized
Wiregrass Credit Union
Credit Union: Well Capitalized Dothan, Alabama 7063.0 $50 million Well Capitalized
Railway Employees Credit Union
Credit Union: Well Capitalized Muscle Shoals, Alabama 1575.0 $18 million Well Capitalized
Chattahoochee Credit Union
Credit Union: Well Capitalized Valley, Alabama 3434.0 $16 million Well Capitalized
Redstone Credit Union
Credit Union: Well Capitalized Huntsville, Alabama 430842.0 $5 billion Well Capitalized

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S R I Employees Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 272.0 $5 million Well Capitalized
U S Pipe Bessemer Employees Credit Union
Credit Union: Well Capitalized Bessemer, Alabama 480.0 $3 million Well Capitalized
Demopolis Credit Union
Credit Union: Well Capitalized Demopolis, Alabama 676.0 $622k Well Capitalized
Alabama Credit Union
Credit Union: Well Capitalized Tuscaloosa, Alabama 86974.0 $876 million Well Capitalized
East Alabama Community Credit Union
Credit Union: Well Capitalized Opelika, Alabama 3860.0 $14 million Well Capitalized
Max Credit Union
Credit Union: Well Capitalized Montgomery, Alabama 110535.0 $1 billion Well Capitalized
Federal Employees Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 1563.0 $19 million Well Capitalized
Gulf Coast Credit Union
Credit Union: Well Capitalized Mobile, Alabama 5217.0 $33 million Well Capitalized
Pike Teachers Credit Union
Credit Union: Well Capitalized Troy, Alabama 1978.0 $7 million Well Capitalized
People's First Credit Union
Credit Union: Well Capitalized Tarrant, Alabama 501.0 $3 million Well Capitalized

Other Credit Unions

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Social Security Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 3585.0 $31 million Well Capitalized
Nrs Community Development Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 463.0 $1 million Well Capitalized
Montgomery Va Credit Union
Credit Union: Well Capitalized Montgomery, Alabama 1156.0 $6 million Well Capitalized
Rocket City Credit Union
Credit Union: Well Capitalized Huntsville, Alabama 4904.0 $50 million Well Capitalized
Fireman's Credit Union
Credit Union: Well Capitalized Birmingham, Alabama 901.0 $6 million Well Capitalized
Fogce Credit Union
Credit Union: Well Capitalized Eutaw, Alabama 757.0 $1 million Well Capitalized
Alabama One Credit Union
Credit Union: Well Capitalized Tuscaloosa, Alabama 61632.0 $607 million Well Capitalized
Family Security Credit Union
Credit Union: Well Capitalized Decatur, Alabama 82482.0 $655 million Well Capitalized
Alatrust Credit Union
Credit Union: Well Capitalized Hoover, Alabama 11830.0 $136 million Well Capitalized
Aod Credit Union
Credit Union: Well Capitalized Bynum, Alabama 33854.0 $300 million Well Capitalized

All of Asset Brief

See all...

Similar Credit Unions to Mutual Savings Credit Union

See all...
Mutual Savings Credit Union: Winewood
Credit Union Branch: 3000 Winewood Road
Birmingham, Alabama 35215 ATM Available
Mutual Savings Credit Union: Brookwood
Credit Union Branch: 16072 Highway 216
Brookwood, Alabama 35444 ATM Available
Mutual Savings Credit Union: Selma
Credit Union Branch: 907 Medical Center Parkway
Selma, Alabama 36701 No ATM
Mutual Savings Credit Union: Pelham
Credit Union Branch: 3596 Pelham Parkway
Pelham, Alabama 35124 No ATM
Mutual Savings Credit Union: Alexander City
Credit Union Branch: 1030 Lee Street
Alexander City, Alabama 35010 ATM Available
Mutual Savings Credit Union: Midfield
Credit Union Branch: 199 Bessemer Super Highway
Birmingham, Alabama 35228 ATM Available
Mutual Savings Credit Union: Valleydale
Credit Union Branch: 2040 Valleydale Road
Hoover, Alabama 35244 ATM Available
Mutual Savings Credit Union: Clanton
Credit Union Branch: 1501 7th Street S.
Clanton, Alabama 35045 ATM Available
Mutual Savings Credit Union: Mscu Office
Credit Union Branch: 10 Peachtree Pl NE
Atlanta, Georgia 30309 No ATM
Mutual Savings Credit Union: Calera
Credit Union Branch: 136 Marketplace Circle Suite D.
Calera, Alabama 35040 No ATM