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

Archive for category: Blog

Is your holiday debt overstaying its welcome? Are you overwhelmed with credit card bills? Show your holiday debt the door. Move your high-interest credit card balance to a lower interest rate credit card from your Credit Union.


Transfer Your Balance

Now through March 31, you will have the opportunity to transfer your high-interest credit card debt to an APCO Platinum VISA Credit Card. Eligible applicants will receive a special, low 2.99% APR on all balance transfers.

The 2.99% balance transfer interest rate is good for six months, giving you the opportunity to pay off that debt at a MUCH lower interest rate than your current credit card offers. Paying off that debt at 2.99% versus your current interest rate could save you hundreds of dollars in interest.


Did You Know?

We know other financial institutions make balance transfer offers, but our balance transfer program is different and better:

  • We don’t charge a balance transfer fee. Most other financial institutions charge an average of 3%. That’s like paying a year’s worth of interest at 3% on your balance the day you transfer it.
  • Your monthly payment for the next six months will be applied to the balance transferred first. Many programs apply payments to new purchases at higher interest rates first. That costs you money.
  • If you do not pay off the balance transfer within six months, our standard 10.9% interest rate will be applied to the remaining balance. That rate beats most financial institutions.
  • Everyone gets the same balance transfer rate option.


New and Existing Accounts

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

After the six month balance transfer promotion ends, your APCO Platinum VISA will continue to save you money. Benefits of using an APCO Platinum VISA include:

  • 10.9% APR (and we don’t raise your rate whenever there’s a day of the week that ends in a Y)
  • No annual fee
  • A 25 day grace period on purchases (that’s like getting a free loan)
  • 1% cash back reward

Visit us online at or give us a call to transfer your balance today.


Your Credit Union now gives you the ability to receive email alerts about changes to your online banking accounts.

A new “Notifications” section was recently added to everyone’s online banking account. This system now allows you to receive email alerts when:

– An overdraft occurs
– An ACH item is not successfully processed
– You change your email address
– You change your password and/or Home Banking PIN

You can also add “e-Lerts” to be notified of other account activity, such as:

– when your account balance goes below a specified value
– when a check in a specified range clears
– when a deposit above a specified value is made to your account
– when a withdrawal above a specified value is made from your account

To learn more about how to setup and modify Notifications inside your Online Banking account, watch this video:

If you have any additional questions, please contact us at 1-800-249-APCO or visit


Changes coming in 2016 to Social Security benefits were discussed Tuesday and Thursday during a Lunch and Learn seminar hosted by your Credit Union.

Mike Lewellan of APCO Investment Services presented the information to Alabama Power and Southern Company employees in Inverness and downtown Birmingham. Mike discussed changes in 2016 and options for people who are looking at drawing Social Security benefits in the future.

If you are interested in learning more, please contact Mike at


Your Credit Union was proud to participate recently in the New Employees Forum at Alabama Power.

More than 400 employees hired by Alabama Power within the past 12 months met for a one-day seminar late last month. The company used the gathering to visit with employees, sharing with them both a vision for the future and resources available to them.

Employees got a chance to visit with representatives from APCO Employees Credit Union, learning about all of the benefits of becoming a member. We appreciate everyone who joined or stopped by to visit!


Why trust strangers with your retirement? To us, you’re family. Visit APCO Investment Services at or call Mike Lewallen at 205-226-6866 for a no cost consultation.

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 are available to APCO members at all Credit Union offices. Due to numerous requests, there is 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 and yours a Merry Christmas and a Happy New Year!

Traveling this holiday season? Your Credit Union has 46 branded ATMs located around the state. Many are in Appliance Sales and Payment Centers of the Alabama Power Company. Stop by and let one of our ATMs be of service to you.

holiday-shoppingWhy join our Christmas Club? That’s easy – because it makes life so easy when holiday shopping time comes around again.

Yes, next year at this time, APCO Christmas Club members will have all the money they save plus dividends to do their shopping with. They’ll also have the peace of mind of knowing that their purchases are planned and paid for ahead. The APCO Christmas Club is part of the American tradition.

And it’s so easy to join – and so rewarding. Just stop by or call one of our offices and let us know you would like to open a Christmas Club account. You can stop by for a club agreement or we’ll be glad to send you one. Once you sign and return the agreement, you can start putting a few dollars away – you decide how many – each month through a convenient payroll deduction or series of deposits.

Stop by or call and join the 2016 APCO Christmas Club. Santa has a way of arriving suddenly you know. Join his favorite club today.


  • 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 you own place at your own pace.

Mobile Banking
APCO Mobile Banking is now available. Just go to our website, click on the link and sign up today. Convenience has a new address. Everywhere.

Online Banking
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.

Online Bill Pay
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 Thursday, December 24 and Friday, December 25 for Christmas. All Credit Union offices will also be closed Friday, 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.

Merry Christmas 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 for 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. Check out the Auto Buying Info 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.

It’s time to get up and drive!