Business Details
50+ Years
experience
Your Trusted Financial Partner in Birmingham, AL
Southern Energy Credit Union has been committed to helping members achieve financial success since 1953. As a not-for-profit, full-service credit union, we combine modern financial products with personalized service, offering competitive savings rates, low fees, and tailored loan programs. Our 29 branches across Alabama, Georgia, and Mississippi serve 90,000 members, supported by digital banking tools and a national network of 5,000 service centers.We prioritize community impact through financial education initiatives like youth savings programs. With NCUA federal insurance and Equal Housing Opportunity certification, we maintain rigorous compliance standards while delivering transparent, member-focused solutions. Our leadership team brings decades of industry experience to ensure innovative financial services that adapt to evolving member needs.
Services
Checking Accounts
Mortgage Loans
Auto Financing
Credit Cards
Investment Services
Digital Banking
Personal Loans
IRA Accounts
Details
- Year established: 1953
Highlights and features
- We offer industry-leading savings rates and competitive loan programs since 1953
- Our digital banking platform provides 24/7 account access and management tools
- We maintain 29 physical branches across three states for personalized service
- Our not-for-profit structure ensures lower fees than traditional banks
- We operate a national network of 5,000 credit union service centers
Associations and certifications
- NCUA
Services
Auto Loans
Southern Energy Credit Union offers competitive auto loan programs with rates starting at 4.85% APR. Our financing options include new and used vehicle loans with flexible terms up to 63 months. Members benefit from personalized rate calculations based on creditworthiness, loan amount, and vehicle mileage.
Checking Accounts
Our checking accounts provide no-minimum balance options with free debit cards and check ordering services. Members access digital banking tools including mobile deposit and Zelle transfers. Account holders enjoy lower fees compared to traditional banks while maintaining nationwide ATM access through partner networks.
Mortgage Loans
We offer comprehensive mortgage solutions including first-time homebuyer programs, refinancing options, and home equity lines of credit. Our competitive rates and personalized underwriting process help members achieve homeownership goals. Construction lending services support custom home building projects across our service areas.
Digital Banking
Our digital platform enables 24/7 account management with features like bill pay, loan payments, and mobile check deposit. The mobile app provides real-time transaction alerts and secure login options. Members can access account information and perform transactions from any internet-connected device.
Youth Savings
The Good Money Habits program teaches financial literacy through youth share accounts requiring only $5 minimum deposit. These accounts help children learn saving principles with interest earnings. Educational resources support parents in teaching money management skills to young account holders.
People
Andy Rush
President and CEO
Andy Rush leads Southern Energy Credit Union with over 25 years of financial services experience. He previously served as COO and has implemented digital transformation initiatives while maintaining community-focused banking principles. His leadership emphasizes member-centric innovation and operational excellence.
Questions
How do I join Southern Energy Credit Union?
Membership requires opening a Share (Savings) Account with a $5 minimum deposit. Eligibility extends to residents of Alabama, Georgia, and Mississippi through our 29 branches or online banking platform.
What loan types do you offer?
We provide auto loans, mortgage financing, personal loans, recreational vehicle loans, and credit card options. Special programs include first-time homebuyer mortgages and construction lending services.
Are my deposits insured?
Yes, all deposits are federally insured up to $250,000 by the National Credit Union Administration (NCUA), a U.S. government agency providing security equivalent to FDIC insurance for banks.
Do you have mobile banking apps?
Our mobile app enables account management, mobile check deposit, bill payments, and real-time transaction alerts. The app works with iOS and Android devices and features secure login options.
What are your current CD rates?
Certificate of Deposit rates currently offer 4.00% APY for 366-day terms. Rates vary based on term length and market conditions, with competitive offerings updated regularly to benefit savers.
How can I report a lost card?
Contact our 24/7 card services team at 1-800-249-2726 immediately to report lost or stolen cards. Online banking users can also temporarily freeze accounts through the mobile app's security features.
