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Alabama Credit Union's annual membership meetings held

Your credit union's annual owners meeting was where members/owners gathered to hear reports of the credit union's progress, confirm the nominated volunteers for service on the board of directors and supervisory committee, and enjoy visiting with each other. We're pleased that our 2005 membership meeting marked the credit union's 50th -- that's the start of our fiftieth year of member care! Here's a copy of our 2004 annual report titled "Fifty Years Of Member Care" that was distributed to the more than 250 attendees at our Tuscaloosa meeting on March 14, and the 50 members present at our Huntsville meeting on March 15. Members were treated to a trip down memory lane as retired President Jimmy Lankford recounted the credit union's meager beginnings in 1956 -- assets of $35, and seven members. At the Tuscaloosa meeting, Alabama Credit Union League President Gary B. Wolter discussed the important role credit unions play in meeting consumers' financial needs, the progress of Alabama Credit Union, and the challenges today's credit union members face in retaining their rights to participate in not-for-profit financial cooperatives.

Re-elected to three-year terms on the board of directors were Lynne S. April, Dr. William H. Darden, and Dr. Thomas L. Jones. New officers are Peter Schwartz, chairman; Gladys B. Jones, vice-chairman; and Dr. Ron Dulek, secretary/treasurer. Re-elected to one-year terms on the supervisory committee were Chairman Dot Martin, Sharon Conerly, and Lisa Rhiney.

Re-appointed to the Huntsville Advisory Council was April Harris. Dr. Dorla Evans joins the group for a three-year term, replacing retiring member Glenn Dasher.

 

Your savings federally insured to at least $100,000 and backed by the full faith and credit of the United States Government. Your savings are additionally insured to $250,000 by Excess Share Insurance. To estimate your National Credit Union Share Insurance Fund coverage, use this insurance estimator or download NCUA's Your Insured Funds brochure. Alabama Credit Union does business in accordance with the Equal Credit Opportunity Act and the Federal Fair Housing Law. We are an Equal Housing Lender. Rates expressed as Annual Percentage Rate or Annual Percentage Yield; all rates and terms subject to change without notice. For complete account disclosures, ask for a copy of our Membership & Account Agreement, Reg CC (Funds Availability) and Reg E (Electronic Transfers) disclosures, Fee Schedule and Member Business Account™ Fee Schedule. Membership eligibility required. Alabama Credit Union is not responsible for content of Web sites which may be accessible via links from this site but are not operated by Alabama Credit Union, and does not represent either the third party or the member if the two enter into a transaction; privacy and security policies may differ from those practiced by Alabama Credit Union.

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