FAMILY SAVINGS Credit Union Profile

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FAMILY SAVINGS

Charter #68628 | NCUA Region 2 | FISCU

Low-Income Designation: Yes

Report Date: 2025

Headquarters Contact & Staff

Contact & Info

Phone: (256) 547-8190

Fax: (256) 442-8002

Founding Date: N/A

Website: http://www.familysavingscu.com

Personnel & Operations

President: Williamson, L

Manager: Varnon, Danny

FT Employees: 296

PT Employees: 14

Designations & Ratios

MDI Status: No

RBC Ratio: 10.74%

Membership Type: 99

Branches: 17

Hours: M,T,Th 7:30 - 4:00, W 7:30 - 12:00, F 7:00

Credit Union Profile Summary

FAMILY SAVINGS is a FISCU Credit Union. With a total of 77,885 members ^[1], this institution manages approximately $1,134,649,774 in total assets ^[1]. It proudly serves as a Low-Income Designated institution. Key financial indicators show a solid Net Worth Ratio of 8.25% ^[1] and a strong Loan-to-Share Ratio, with loan growth over the last four quarters at 13.46% ^[1].

Financial Snapshot

Total Assets ^[1]

$1,134,649,774

Total economic resources.

Total Loans ^[1]

$921,363,474

Total value of outstanding loans.

Total Deposits ^[1]

$964,992,668

Total funds deposited by members.

Members ^[1]

77,885

Number of active members.

Performance Ratios

Net Worth Ratio ^[1]

8.25%

This is the credit union's safety cushion; 7.0% is the regulatory minimum. A higher ratio means the credit union is stable.

Return on Assets (ROAA) ^[1]

0.60%

Measures profitability. Shows profit generated per dollar of assets. Near 1.0% is considered strong.

Loan-to-Share Ratio ^[1]

95.48%

Measures lending activity using member deposits. Below 100% is generally healthy, balancing lending and liquidity.

Four-Quarter Growth

Asset Growth (4Q) ^[1]

↑ 11.23%

Indicates change in total size. Positive growth means the credit union is expanding its operations.

Loan Growth (4Q) ^[1]

↑ 13.46%

Shows change in lending activity. Positive growth means they are actively increasing their lending business.

Member Growth (4Q) ^[1]

↑ 2.23%

Indicates change in member count. Positive growth is a sign of a healthy, expanding member base.

Headquarters Location & Map

Headquarters Address

205 Rescia Ave

Rainbow City, AL, 35906-5932

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Member Ratings & Reviews

Average Member Rating:

N/A / 5.0

Total Approved Reviews:

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Branch Locations

Found 12 branches reported by FAMILY SAVINGS (Charter #68628).

Main Office

Administrative Office Main Office

Type: Corporate Office

205 Rescia Ave

Rainbow City, AL 35906-5932

Phone: (256) 547-8190

Services: None specified

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Additional Branches

Albertville

Type: Branch Office

East Gadsden Branch

Type: Branch Office

711 E Meighan Blvd

Gadsden, AL 35903-1917

Phone: (256) 543-9530

Services: Member Services, ATM, Drive-Thru

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Hiram

Type: Branch Office

Type: Branch Office

24661 John T Reid Pkwy

Scottsboro, AL 35768-2333

Phone: (256) 259-1534

Services: Member Services, ATM, Drive-Thru

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