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

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Several Credit Union members and employees of Infinity Insurance learned about new products and services Wednesday.

Employees met with Caitlin Brothers, Marketing and Training Director for APCO Employees Credit Union, and Jo Lynn Austin, Business Development Manager for APCO Employees Credit Union, during their lunch break. Caitlin and Jo Lynn discussed new products and services available to all Credit Union members.

Infinity Insurance Company is headquartered in Birmingham, Alabama.

For more information about the benefits of membership with APCO Employees Credit Union, please visit

(L-R) Rita Boyd and Tammy Lyons with Family Security Credit Union and Stephanie Brown and Don Manuel with Common Bond Mortgage

(L-R) Rita Boyd and Tammy Lyons with Family Security Credit Union and Stephanie Brown and Don Manuel with Common Bond Mortgage (photo source Dennis Washington, APCO Credit Union)

Common Bond Mortgage, a wholly-owned subsidiary of APCO CUSO, has teamed with Family Security Credit Union to provide low rate mortgage loans to members of Family Security.

APCO CUSO President Don Manuel (photo source Dennis Washington, APCO Credit Union)

APCO CUSO President Don Manuel (photo source Dennis Washington, APCO Credit Union)

Thursday, APCO CUSO President Don Manuel spoke about the mortgage products at the monthly Gardendale Chamber of Commerce luncheon. More than 50 business owners from the Gardendale community heard about the program, which included emphasis on the First Time Home Buyers Program.

Gardendale Chamber of Commerce (Thursday, March 13, 2014, photo source Dennis Washington, APCO Credit Union)

Gardendale Chamber of Commerce (Thursday, March 13, 2014, photo source Dennis Washington, APCO Credit Union)

For more information about Common Bond Mortgage, visit


Several members of your Credit Union’s board of directors, as well as Credit Union employees, were honored Thursday night for their years of service to you.

The service awards were given out Thursday night during your Credit Union’s annual meeting. The awards were presented by APCO ECU President and CEO V. Merrill Mann.

Board Of Directors

Melinda Lopez – 10 Years
Robert Roy – 30 Years
Mark Wilkinson – 30 Years

Supervisory Committee

Ann Wilkinson – 30 Years


Amie Bradford – 5 Years
Jenai Cox – 5 Years
Matt Gillard – 5 Years

Terry Alexander – 10 Years
Jerri Ward – 10 Years

Myron Freeman – 15 Years
Donna Haisten – 15 Years
Phil Kelley – 15 Years

Tom Williams – 20 Years

Derrick Ragland – 30 Years
Alan Russell – 30 Years

Pictures of the award presentations can be seen on our Facebook page. We appreciate these talented people and their service to you!


apco-AwardAPCO Employees Credit Union has been honored with a national award recognizing it as the best credit union in the country with regards to member benefits.

APCO ECU was recognized recently by the Credit Union National Association (CUNA) during its 2014 Governmental Affairs Conference (GAC) in Washington, D.C. CUNA Chief Economics and Senior Vice President Bill Hampel presented APCO Employees Credit Union with the 2013 Member Benefit Top Performance Award for delivering more benefits to its members than any other large credit union (assets over $250 million) in the country.

V. Merrill Mann, President/CEO of APCO Employees Credit Union, says the award is a big honor.

“We’ve won other awards, and while we’ve always been focused on providing value to our members, it is certainly nice to be recognized nationally,” Mann said.

APCO Employees Credit Union provided a direct benefit of $644 per household to its members in 2013, more than six times as much as the average credit union. The benefit was determined by several factors, including APCO ECU’s low-interest-rate loans, high deposit yields, and fewer or lower fees compared to others.

“Going forward, we plan to continue removing barriers to doing business with us while providing real value to our members,” Mann said.

You can see highlights of the award presentation in this video provided by Mike Bridges, vice president of communications at the League of Southeastern Credit Unions.


About APCO Employees Credit Union

APCO Employees Credit Union is the largest credit union in the Birmingham-Hoover Metropolitan Area with more than $2.4 billion in assets. With its 15 branches throughout Alabama, the credit union serves more than 68,000 members, including individuals and their families who are employed with or retired from Alabama Power Company, Southern Company services, and other affiliated companies.


We are pleased to announce the launch of APCO Investment Services.*

APCO Investment Services is a personal financial management service designed exclusively for Credit Union members that provides a variety of investment programs that complement your savings.

It’s the essence of partnership. We’re familiar with your financial situation in ways that a large, impersonal investment firm simply isn’t. Working with the investment services program located at our office, you’ll experience the same level of personalized service you’ve come to know and expect. Top-notch financial and investment advice with a full spectrum of tools and options designed to help you achieve your dreams. The following products and services are just some of the options that are now available to you:

  • Retirement Planning
  • Mutual Funds
  • Financial Planning
  • Stocks and Bonds
  • Annuities
  • Wealth Management

Your APCO Investment Services Representative will work with you to create a personal financial blueprint to help you achieve your financial objectives. As your full financial partner, our focus has, and always will be, on your needs – from current to future. Our investment services program lets you design, build and strengthen your financial future easily and conveniently, and in a familiar setting you visit regularly.

To learn more about APCO Investment Services, visit for valuable information about taking advantage of this service.

* Securities sold, advisory services offered through CUNA Brokerage Services, Inc. (CBSI), member FINRA/SIPC, a registered broker/dealer and investment advisor. CBSI is under contract with the financial institution to make securities available to members. Not NCUA/NCUSIF/FDIC insured, May Lose Value, No Financial Institution Guarantee. Not a deposit of any financial institution.

Are you overwhelmed with credit card bills? Let your Credit Union help with a low-interest rate APCO Platinum VISA Credit Card.

For a limited time, your Credit Union is giving you the opportunity to transfer your credit card balance to your APCO Platinum VISA Credit Card for a special, low 1.9% APR. The 1.9% balance transfer interest rate is good for six months, giving you the opportunity to pay off debt at a MUCH lower interest rate than your current credit card offers.

Paying off debt at 1.9% versus your current interest rate could save you hundreds of dollars in interest.


Did You Know?

We know other financial institutions offer balance transfer promotions, but ours is better. Here’s why:

  • No balance transfer fee.
  • Your monthly payment the next six months will be applied to the balance transfer first.
  • Everyone gets the same balance transfer rate option.

At the end of the six months, our low 10.9% APR will be applied to any remaining balance.

Can your current credit card company do that? We don’t think so.


New and Existing Accounts

The balance transfer option is available to all APCO Employees Credit Union members. If you already have an APCO Platinum VISA account, simply contact us to setup the balance transfer.
If you do not have an APCO Platinum VISA Credit Card, visit to begin the application process. Once your account is approved, we will help you setup your balance transfer.

Rates are still low and it’s never been easier to get a real estate loan at your Credit Union.

Check out our online mortgage website to research various mortgage products, search for personalized rate quotes, and apply for a loan 24 hours a day, 7 days a week.

APCO real estate loans also offer you a choice – adjustable rate mortgages with terms to 30 years, fixed rate mortgages with terms to 30 years, or our APCO home equity line of credit loan.

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.

Your Credit Union has a 15 year fixed rate of 3.25% and 30 year fixed mortgage rate at 3.95%. Plus, your Credit Union now has a first time home buyer program with 15 year fixed mortgages at 3.65% and 30 year fixed mortgages at 4.25%.

We consider each mortgage loan on a case by case basis and we use common sense to make our decisions. Your Credit Union is willing to find the right mortgage that fits you. Stop by or give us a call today.

*Rates subject to change without notice.

You already know there are many retirement options available and risks associated with each, but you have retirement options you may not know about.

Because you’re a member of APCO, you have the opportunity to have an APCO IRA.

Keep Your Savings Growing

Regardless of the options available to you through your employer or elsewhere, APCO Credit Union has one that can only improve your retirement outlook. An APCO IRA is like a lifetime companion. It’s always there when you need it. An APCO IRA does not expose your principal to losses, is federally insured to $250,000 and earns rates in excess of other safe investment options. Highly suitable if you can invest in an IRA, an APCO IRA can go with you anywhere you go – and it keeps on growing. Your contributions may also be tax deductible. You’d be wise to contribute as much as you can to an APCO IRA. That’s because the more you save in a tax-favored account, the more tax-protected gains you can rack up.

Count On Your APCO IRA

Don’t put off planning for retirement. We have the answers to your questions. If you want to build something that lasts, ask about the APCO Lifetime IRA. You can count on your IRA no matter what changes might occur in the Social Security program or your pension plan. You have until April 15 to make contributions for tax year 2013. Call or stop by and talk with one of our IRA experts today.


When including a joint owner on your account, please be aware that most Credit Union accounts are set up with the joint right of survivorship. That means, in addition to being able to withdraw or transfer funds from the account, a joint owner also owns the assets of that account upon the death of the primary owner.

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 from our website at

Expecting a tax refund? Get it fast with Turbo Tax online.

My Virtual StrongBox is an online safe deposit box and it’s FREE to APCO members who use our free online banking service. For step by step instructions on setting up your account, visit

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

APCO Checking – It all adds up! Free checking + Free debit card + Free online access. Plus, now get great rewards. Earn rewards points any time you use your APCO debit card. SWIPE. EARN. REDEEM.