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

Archive for category: Blog


Being a member of APCO Employees Credit Union is a good deal. It is a good deal by design.

The Credit Union was created by the members, for the members, to help one another do better financially by pooling our resources and building an organization to manage them. As a result, each member has a place to borrow money at good rates, save money at attractive rates, and a place to get low cost financial services.

Borrow From Us

We learned long ago that the best loans are the ones that make people’s lives better. Whatever your reason — a car, holiday expense, that dream house, or an exciting vacation — reward yourself for all your hard work! After all, you deserve the best. And it’s affordable with a low cost Credit Union loan.
Our loan service is fast, convenient and confidential. Our loan officers like to say yes, so stop by any of our offices or we’ll handle your request by phone or online.

Save With Us

Making your money grow as quickly and safely as possible is important no matter what your savings goal. The Credit Union consistently pays higher rates of return and your funds are federally insured to at least $250,000 by NCUA.

Your Credit Union share account offers you the best of everything. A competitive market rate of return combined with easy access to your money makes this account a sensible way to save. We also have a variety of certificates of deposit and IRAs that are designed to meet your need.

Convenient Services

As an APCO member, you can continue to expect a good value in financial services. That’s our primary aim. But you can also expect convenient access to those services.

The APCO Visa debit card allows members access to their APCO checking account anywhere VISA is accepted. Our MAP online service enables members to monitor their APCO account 24/7 and make transfers online. Our Call-A-Teller (CAT) audio response system has provided convenience for 25 years and our call center makes us as near as your phone.

The APCO Visa credit card offers ultimate convenience, a low 10.9% rate and 1% cash back on your purchases. And best of all, our cards do not have any monthly or annual fees and our CAT and MAP online services are free.

5-Star Safety

Your Credit Union continues to be rated 5 stars (superior) by Bauer Financial, the highest possible rating by this well respected bank and credit union rating service. Your savings is federally insured and backed by the full faith and credit of the United States government. Your Credit Union is strong and your funds are safe with us. It’s where you belong!


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. Your Credit Union is rated superior in strength, safety, and performance.

Check out our online mortgage center. You’ll have the power to research various mortgage products, search for rate quotes, and apply for a loan 24 hours a day, 7 days a week.

Why trust strangers with your retirement? To us, you’re family. Visit APCO Investment Services at

Your Credit Union has 17 ATMs in Appliance Sales and Payment Centers of the Alabama Power Company. Stop by and let one of our ATMs be of service to you.

My Virtual StrongBox is an added, free feature of Online Banking. My Virtual StrongBox lets you store, protect, and keep copies of your most important documents right at your fingertips. Log in or sign up for APCO Online Banking and start storing your documents today!

Let your family in on a good thing – Credit Union membership. Have your relatives stop by or call and join today. We’ll treat them like family.


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. Check out the CUDL link on our website ( 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.

Your Credit Union has incorporated the CUDL Auto Smart website into our homepage. This gives members easy access to a one stop resource to research and shop for their next vehicle. And to make things even more convenient, you can now apply for a pre-approved loan from your Credit Union anywhere, anytime with the nationwide CUDL AutoSMART Mobile App.

Stop by, go online, or give any of our offices a call. It’s time for you to get up and drive!


Your Credit Union is pleased to sponsor the 10th annual APCO Credit Union For Kids Charity Golf Tournament benefiting Children’s of Alabama. The tournament will be held on Monday, October 13, 2014, at the Grayson Valley Country Club in Birmingham.

It has been the Credit Union’s pleasure to work closely with Children’s of Alabama through Credit Unions For Kids for more than 20 years.

Bring yourself or bring your foursome and make plans to play a round of golf with us in October for a good cause. Unable to play? Not a problem. If you would like to support Children’s of Alabama, please send or give a check to the Credit Union for the amount you choose made payable to “Credit Unions for Kids”. Your contribution to this event is tax deductible to the full extent of the law.

Here are the details:

Place: Grayson Valley Country Club
Date: October 13, 2014
Time: 11:00 a.m. Registration
Lunch: Served at 11:30 a.m.
Tee Time: 12:30 p.m. Shotgun Start

Entry Fee: $100 per person (Mulligans may be purchased 3 for $20 either in advance with your entry fee or at registration.)

Checks Payable to: Credit Unions For Kids

Hole Sponsorships:
• Platinum Sponsor: $2500
• Gold Sponsor: $1000
• Silver Sponsor: $500
• Bronze Sponsor: $250
• Hole sponsorship recognition provided for you or your firm

Format: Team Scramble

• 1st, 2nd and 3rd place teams (net) • 1st place team (gross)
• 4 closest to the pin contests
• Drawing prizes for everyone

Refreshments will be available on the course. Range balls will be provided before play and there will be an awards presentation at the conclusion of play.

The deadline for entries is Friday, October 3, 2014. Entry forms are available at all offices. If you have any questions, please contact Danna Horne at (205) 226-6916.


In our current economy, the cost of living has increased significantly, even surpassing the average monthly income. Not only does this make saving difficult but also makes the use of credit cards, among most consumers, something of a necessity. For Credit Union members, it would be financially wise to make the APCO Platinum Visa your primary choice.

The APCO Visa has a low rate of 10.9% APR. That’s a solid rate for all your purchases, travel, and cash advances. We don’t play games, either. We don’t offer a low rate for a short time, and then increase it to whatever the market will bear.

Our rewards program is simple, too. We give you 1% cash back on all purchases you make with your APCO Visa credit card – no matter how big or small. The APCO cash back feature is automatic so all you have to do is make our card your first choice every time.

So, if you are looking to better manage expenses and make your monthly budget go a little further, start using that APCO Platinum Visa credit card in your wallet.

If you don’t have one, apply today and take advantage of the special offers at your Credit Union.


More than 40 Alabama Power employees learned more about Social Security during a Lunch and Learn Tuesday morning.

The event, hosted by APCO Employees Credit Union, was held at Plant Gaston in Wilsonville and featured a presentation by Mike Lewallen, financial advisor at APCO Investment Services. Mike explained the latest changes in social security benefits and options available under current law.

For more information, or to learn more about APCO Investment Services, visit


More than 40 Alabama Power Company employees learned about social security Wednesday at a Lunch and Learn seminar.

The free event was held in the auditorium at Miller Steam Plant and hosted by APCO Employees Credit Union.

Mike Lewallen of APCO Investment Services was the guest speaker. Mike explained the changes in social security and gave employees an overview of social security benefit options.

If you are interested speaking to Mike, contact him at 205-226-6800, x6866, or visit


• All Credit Union offices will be closed Monday, September 1 in observance of Labor Day. Have a safe, enjoyable holiday.
• Keep it simple. The APCO Visa credit card has a low rate of 10.9% APR, gives you 1% cash back on your purchases, and it’s a good choice. Apply Today!
• Everybody makes mistakes. Let us cover yours! Opt-In and let us pay overdrafts on your ATM and everyday debit card transactions.
• Your Credit Union is happy to provide InstaQuote as a service to our members. Now you can shop, quote and buy the life insurance you need directly on our website.
• Opening or adding to your APCO IRA is a great way to take control of your financial future. Call or stop by and talk with one of our IRA experts today.
• From time to time we receive requests from members wishing to withdraw large sums of cash. Due to insurance regulations and security concerns, the Credit Union does not keep large sums of money at any of our locations. If you need to make a large cash withdrawal, we ask that you give us notice so we can properly accommodate your request.