Charter 64598 · Montgomery, AL
Alabama State Employees Credit Union
Alabama State Employees Credit Union is a state-chartered credit union in Montgomery, Alabama, with $471 million in assets and 39,354 members as of June 30, 2026, according to the call report it filed with NCUA. Its net worth ratio was 12.01%, well above the 7% that NCUA's rules treat as well capitalized.
Also does business as ASE Credit Union.
- Total assets
- $471 million
- +12.0% in a year
- Members
- 39,354
- -1.7% in a year
- Net worth ratio
- 12.01%
- Peer median 11.65%
- Loans 60+ days late
- 0.31%
- Peer median 0.70%
- Loans outstanding
- $238 million
- -7.2% in a year
- Shares and deposits
- $417 million
- +11.9% in a year
- Branches
- 9
- 127 employees
- Opened
- 1954
- Alabama charter
How Alabama State Employees Credit Union compares
NCUA groups credit unions by size; Alabama State Employees Credit Union is in the group with $100 million to $500 million (1,061 credit unions). Its net worth ratio of 12.01% is higher than that group's median of 11.65%, and its share of loans 60 or more days past due, 0.31%, is lower than the group median of 0.70%. Loans fell 7.2% over the year to Q2 2026, against a group median of 2.9% growth.
By assets it ranks 17 of 88 credit unions headquartered in Alabama. See all Alabama credit unions.
Five quarters of figures
| Quarter | Assets | Members | Loans | Net worth ratio | 60+ days late |
|---|---|---|---|---|---|
| Q2 2026 | $471 million | 39,354 | $238 million | 12.01% | 0.31% |
| Q1 2026 | $461 million | 39,014 | $242 million | 11.83% | 0.29% |
| Q4 2025 | $442 million | 39,166 | $249 million | 12.15% | 0.44% |
| Q3 2025 | $426 million | 39,423 | $252 million | 12.36% | 0.29% |
| Q2 2025 | $421 million | 40,050 | $257 million | 12.21% | 0.24% |
Assets Members
Who can join
The field of membership is the group a credit union is allowed to serve: people who live or work in an area, employees of certain companies, members of an association, and their families. The credit union's own website has the exact rules. On its call report it estimates its field of membership at about 575,000 potential members. It holds NCUA's low-income designation, which lets it accept non-member deposits and raise secondary capital.
Credit unions that anyone in the US can join
Locations
NCUA's branch file lists 10 sites for Alabama State Employees Credit Union. The branch count in the figures above comes from its call report, which is filed separately, so the two can differ slightly.
- Interstate
1000 Interstate Park Dr, Montgomery, AL 36109 - Wetumpka
825 Wilson St, Wetumpka, AL 36092 - Millbrook
74 Dudley Dr, Millbrook, AL 36054 - Washington
800 Washington Ave, Montgomery, AL 36104 - Eastchase
9190 Eastchase Pkwy, Montgomery, AL 36117 - Prattville
2132 Cobbs Ford Rd, Prattville, AL 36066 - Clanton
1400 Woodfin Ln Ste D, Clanton, AL 35045 - Greenville
631 Willow Ln Ste N, Greenville, AL 36037 - Operations Center (main office)
4217 Lomac St, Montgomery, AL 36106 - Selma
1102 Singleton Dr, Selma, AL 36703
About these numbers
Figures come from the NCUA 5300 Call Report quarterly data for Q2 2026 (quarter ended June 30, 2026), which each credit union files itself. "60+ days late" is delinquent loans of two months or more divided by total loans. Peer medians are computed across every credit union in the same NCUA asset-size group. NCUA call report data · Methodology