The Alabama Credit Union Administration’s mission is to provide effective supervision and regulation in order to affirm the future viability of credit unions and the safety of deposits therein, promote the
unencumbered commerce between the citizens of Alabama and credit unions, allow for innovations in services, products, and technology that maximize credit unions’ capabilities to provide service, and
assure that Alabama state credit unions provide professional, competent financial services, wherever possible, to the citizens of Alabama regardless of means.
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Liquidity Concerns
Nov 28, 2023 - During 2023, the importance of liquidity management and contingency funding planning has been highly elevated. Loan demand has increased significantly for some credit unions while deposit levels have been seen as decreasing generally since the year 2020. The Alabama Credit Union Administration (ACUA) has placed a high priority on examining the level of liquidity in state chartered credit unions and consider this issue as a high level of risk at the present time.
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Meeting of the ACUA Board
Aug 15, 2023 - Pursuant to Title 5-17-56 of the Code of Alabama, 1975, notice is hereby provided for each member of the Board of the Alabama Credit Union Administration that a board meeting of the Alabama Credit Union Administration will be held at 10:30 a.m., Thursday, September 7, 2023, in Suite 650 of the RSA Union Building, located at 100 N. Union Street, Montgomery, Alabama, 36104.
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Meeting of the ACUA Board – March 8, 2023
Feb 21, 2023 - Meeting of the ACUA Board – March 8, 2023
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Cancellation of August 25, 2022 Board Meeting
Aug 24, 2022 - Cancellation of August 25, 2022 Board Meeting
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