News, events, and useful financial information from APCO Employees Credit Union.

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Your Credit Union is rated 5 stars (superior) by Bauer Financial, the highest possible rating by this well-respected bank and credit union rating service. APCO Credit Union received a five star rating in strength, safety and performance. Let’s review why your Credit Union is the right place for your money.

First, your account – including regular shares, certificates of deposit, and checking accounts – is federally insured by the National Credit Union Administration up to $250,000.

Second, the Credit Union is expressly prohibited from making investments in stock, speculative real estate, foreign countries or other risky investments. Credit unions are simply not allowed to gamble with their members’ money in this way. Our investment policy is conservative.

Third, your Credit Union operates with a safety net of capital – undivided earnings and other reserves. Your Credit Union is strong and your funds are safe and secure with us. It’s where you belong.

apco-real-estateTake Advantage Of Reduced Closing Costs And Low Rates

There’s good news in housing these days. The U.S. housing market continues to stabilize with many areas showing positive momentum in 2014. That means now’s a great time to get a check-up on your home mortgage. You still have time to take advantage of historically low rates if you act now.

Your Credit Union has more good news. We can help with your closing costs if you’re in the market for a new home or considering refinancing your mortgage. Add those savings to our great rates and your timing couldn’t be better. And your Credit Union makes it easy.

Apply Online

Your Credit Union offers an online mortgage website at Our Online Mortgage Center gives you the power to research various mortgage products, search for personalized rate quotes, and apply for a loan 24 hours a day, 7 days a week.

You have a busy schedule and we know that it can be challenging to get done everything you need to do during traditional business hours. With our mortgage website you don’t have to worry about the time of day or even the day of the week because we are always open – online. Your unique user name and password enable you to start and save your application.

The Path To Your New Loan Is Simple

A unique application is created for you based on your answers and personal situation. We explain the different loan types available and what you can expect during the loan process in real-life language. Our calculators let you try out “what if” scenarios so that you can feel confident you have selected the best loan product for you.

Visit us online today. Whether you are ready to apply or just want to research products and rates, we think you’ll like our online mortgage lending address as much as we do.

Special Offer

To make your housing dollars go even further, your Credit Union is offering to reduce your closing costs for a limited time. If you apply for an APCO real estate loan (Home Equity loans excluded) between now and February 28, 2015, we’ll reduce your closing costs as indicated by the chart below:

If Your Loan Is: Closing Costs Reduced By:
$50,000 – 99,999 $150
$100,000 – 149,999 $250
$150,000 & over $350

In order to receive the closing cost reduction, your APCO loan must close by March 31, 2015. If you’d like to find out more about any of our real estate loans, just visit us online, give us a call, or stop by any of our offices.


Our lending professionals were on hand today at Alabama Power Headquarters in downtown Birmingham. The free mortgage analysis helped several of our members determine if a new mortgage is right for them.

If you missed today’s analysis, we can still help you. If you are looking for a new home or need to reduce your monthly payments on your current mortgage, we can help!

For more information about our rates and lending services, or to apply for a mortgage online, visit

Cayleigh Cummings (center) accepts a check of $26,000 from V. Merrill Mann and Derrick Ragland (photo source APCO Employees CU)

Cayleigh Cummings (center) accepts a check of $26,000 from V. Merrill Mann and Derrick Ragland (photo source APCO Employees CU)

Thanks to your generous support, the 2014 APCO Credit Union for Kids Charity Golf Tournament raised $26,000 for Children’s of Alabama!

A check for $26,000 was presented today to Children’s of Alabama by V. Merrill Mann, President and CEO of APCO Employees Credit Union, and Derrick Ragland, COO. The donation was one of the largest in the 10 years APCO Employees Credit Union has been hosting the charity golf tournament.

The 2014 tournament was held October 13th at the Grayson Valley Country Club in Birmingham.

APCO Employees Credit Union has worked with Children’s of Alabama through Credit Unions For Kids for more than 17 years.


  • More good news…Your Credit Union has partnered with a local check supplier for cost savings to you of as much as 30%. We’ll be sharing more details and check ordering information soon.
  • APCO VISA Gift Cards are always the right size and color, can be used at stores and restaurants, and can be purchased at any of our locations.
  • Giving cash for Christmas? Free gift envelopes will be available to APCO members at all Credit Union offices starting in December. Due to numerous requests and to be fair to all members, there will be a 10 gift envelope limit per member.
  • Please remember your APCO debit card is limited to $5,000 per day on purchases and $1,000 per day on cash advances. Your APCO VISA credit card is limited to $10,000 per day on purchases and $5,000 per day on cash advances.
  • Credit Union membership is the gift that keeps on giving. Let your family in on a good thing. Have your relatives stop by or call and join today. We’ll treat them like family.
  • The Board of Directors, Management and Staff would like to take this opportunity to thank you for using your Credit Union and to wish you the happiest of Holidays!


  • 800-249-APCO

Why go to the Credit Union when we can bring the Credit Union to you? All you need is internet access, and you can start banking from your own place at your own pace.

APCO Mobile Banking is now available. Just click here and sign up today. Convenience has a new address. Everywhere.

Online banking is fast, flexible, and free! You’ll be able to check your balances, check your account activity, and transfer funds 24 hours a day, 7 days a week. Call or stop by any of our offices for a MAP application or complete one online.

If you like the convenience of banking online, you’ll like paying your bills online too. No more stamps, no more envelopes, no more late fees, and no more worrying about lost mail. And best of all, all of those convenient services are free. APCO touchtone phone access, mobile banking, and online banking are the better ways to bank. Because you’re busy living.

All Credit Union Offices will be closed Wednesday, December 24 and Thursday, December 25 for Christmas. All Credit Union offices will also be closed Thursday, January 1 for the New Year.

Have a safe and enjoyable Holiday Season and we wish you and yours a bright and prosperous New Year.

Happy Holidays from all of us at APCO!


It’s Beginning To Look A Lot Like…

Well, you know the time of year that’s approaching. Tis the season and that means Christmas parties, holiday travel, family get-togethers and Christmas shopping – lots of Christmas shopping.

…Everywhere You Go

You see reminders that you may need extra cash. If spreading holiday cheer is looking as if you’ll be spreading your budget a bit thin, don’t panic. Stop by or call any of our offices for a low cost APCO holiday loan. You’ll get a low interest rate, the convenience of payroll deduction where available, and friendly loan officers that like to say yes. You can even make a one pay loan now and set it up to pay back when you receive your Pay Per Performance bonus or your income tax refund.

…Soon The Sales Will Start

With the holidays just around the corner, we realize our members will need extra money. Don’t wait until the holidays are upon you. Plan now and talk to your Credit Union about a loan to make your holiday season a happy one. Stop by or call any of our offices for an APCO holiday loan.


When it’s time for a new or good pre-owned car, it may be hard to decide which make and model, but it’s easy to decide where to turn for your financing.

Your Credit Union offers fast, friendly service and our rates are the best around. We’ll handle the paperwork and set up budget friendly payments for you. We can also arrange a pre-approved loan so you can shop with your financing already in place.

And now, you can get great APCO financing right at the dealership. We’ve partnered with CUDL (Credit Union Direct Lending) to make buying your next vehicle more convenient. Click here or look for the CUDL logo at the dealership. Just identify yourself as an APCO member and ask for your Credit Union financing through CUDL.

It’s time to get up and drive!


More than 30 employees of Alabama Power attended a “Lunch and Learn” today on the topic of annuities.

The seminar, hosted by APCO Employees Credit Union, was held in the Electra Room at Alabama Power Company headquarters in downtown Birmingham.

Mike Lewallen, Financial Advisor for APCO Investment Services, presented information to the attendees about annuities, including details on how annuities are structured, differences in annuities, and their tax benefits..

For more information about Mike and the services offered through APCO Investment Services, visit