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2021 Annual Meeting

As a member of Listerhill, your voice counts.

As a nonprofit that is cooperatively owned by you (our members), we all benefit when you engage and participate in credit union ownership. That is why we felt it so important to hold an in person meeting for 2021 even if we had to modify it to follow all current CDC Guidelines. Our Board Representatives presented last year’s performance and outlined future plans for Listerhill Credit Union. 


Watch our 2021 annual meeting.

Didn't get the chance to attend this year's annual meeting in person? Watch everything you missed in this video.

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Board Members and Supervisory Committee Members
Larry Hester

Board Chairman

Mr. Hester has been a member of Listerhill Credit Union for approximately forty years and on the Board of Directors since 2001. He is an industrial engineer graduate from the University of Alabama, Tuscaloosa with advanced degree work in Business and Human Resources from the University of North Alabama. Larry enjoys spending time with his family and the sports of his three grandchildren. Other hobbies include shooting sporting clays, horses, a small cattle farm and the great outdoors.

Alex Godwin

Board Member

Mr. Godwin is a graduate of the University of North Alabama, and is the Treasurer for Constellium. He is a Certified Public Accountant and is actively serving or has served on boards such as Listerhill Credit Union, Tennessee Valley Art Association, YMCA, ShoalsTRAC, Shoals Chamber of Commerce and the UNA Foundation.

Franklin Brown

Board Member

Mr. Brown graduated from the University of North Alabama in 1972 with a degree in Chemistry and a minor in Biology. He is a member of First Missionary Baptist Church in Florence, where he serves as Sunday School Superintendent and Deacon. He worked for Reynolds Metal Company/Wise Alloys from 1967 to 2008. He has been a member of Listerhill Credit Union since 1967 and has served as a volunteer in various positions since 1998.

Mark Linder

Board Member

Mr. Linder was a two-time academic all-American who earned a Bachelor of Science degree in Chemistry and a Master’s degree in Athletic Administration at Wayne State where he also served as their football coach. Mark became the Director of Athletics for the University of North Alabama in August of 2007. He is married with three children. He has served on the Board of Listerhill Credit Union from July of 2015 to present time.

Bob Little

Board Member

Mr. Little has been a member of Woodward Avenue Baptist Church for 40 years and has served as a Sunday School teacher and Deacon for 25 years. He retired from the Muscle Shoals Electric Board after 35 years of service. He currently works part-time at Lowe’s and with Fame Ranch Girl’s Home. He has served as a volunteer for over 10 years with Listerhill Credit Union on the Loan Committee and Board of Directors.

Mark Massey

Board Member

Mr. Massey is a 25-year career lineman with Franklin Electric Cooperative and serves as a lineman examiner for the International Brotherhood of Electrical Workers Local 558. He is an active member of New Union Missionary Baptist Church in Red Bay, Alabama where he serves on several committees. He has been a Listerhill Credit Union volunteer for 15 years, serving on the Loan Committee for 5 years and the last 10 years on the Board of Directors. He has attended numerous financial training classes over the years. For the last 12 years, Mark has served on the Board of Directors for the Franklin County Cattlemen’s Association and enjoys operating a small cattle farm.

Otis Dickerson

Board Member

Mr. Dickerson has proudly served Listerhill Credit Union’s members as a volunteer for over 24 years, holding roles such as Chairman of both the Loan and Supervisory Committees. He has served as the President of the county Cattlemen’s Association, Regional Vice President and currently as a Lifetime Director for the state of Alabama Cattlemen’s Association. For over 30 years he has been a volunteer leader for 4-H clubs, livestock shows, and conducting Farmers Federation farm tours, helping to encourage and motivate the leaders of tomorrow. A member of Atlas Church of Christ, Otis enjoys spending time on his family farm and teaching his grandchildren about farm life.

David Craig

Supervisory Committee Member

Dr. Craig graduated from Lipscomb University and received graduate degrees from Harding University School of Theology and the University of Mississippi. Dr. Craig is a Licensed Senior Psychological Examiner and serves as the Executive Director of The King’s Daughters’ School. He served 20 years on the Board of Directors of First Community Credit Union and currently serves on the Supervisory Committee of Listerhill Credit Union.

Joey Cantrell

Supervisory Committee Member

Mr. Cantrell is a graduate of Northwest Shoals Community College and is employed by Constellium. He served as President of his church congregation for 9 years. He has been a member of Listerhill Credit Union for over 50 years and has served as a volunteer since 2007 on the Loan Committee and Supervisory Committee. He has attended numerous training sessions on compliance and regulatory issues.

Black and White Planes
1937
Before Listerhill Credit Union

In 1937, Richard S. Reynolds traveled to Europe in search of aluminum sources for his company, Reynolds Metals. When he returned, Reynolds shared with Congress stories about the arsenal Adolf Hitler was building in Germany.

U.S. Sen. Lister Hill, of Alabama, listened, and the two persuaded Congress it was in the best interest of the nation to begin producing military airplanes. The local Reynolds plant was created along with a new community, aptly named Listerhill, and supplied the nation with airplanes during World War II from 1942-45. After the war, the plant started producing Reynold's aluminum foil and has long been a key employer in the Shoals.

Reynolds1942
1952
People Helping People

In 1952, ten years after the aluminum plant opened, seven Reynolds Metals employees came together to combat the growing issue of predatory lending to other vulnerable plant workers. At the time, loan sharks would lend money with outrageous interest rates and sometimes never-ending terms. With just $5 each and a passionate idea of creating a cooperative that benefited and protected each other, these seven men founded Listerhill Credit Union.

Operation of the credit union humbly began inside the Reynolds Metals plant in 1953. Shortly thereafter, Listerhill Credit Union would build its headquarters across the street where its main office currently resides.

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1953
A History of Strong Leadership

Mr. Cyril B. Mann was co-founder and elected chairman of Listerhill Credit Union's Board of Directors for more than 57 years, recognized by the World Council of Credit Unions as the longest-serving board chairman in credit union history. In 2012, Mr. Mann was posthumously inducted into the Credit Union House Hall of Leaders. His selfless devotion to Listerhill and dedication to the credit union philosophy of people helping people continues to be an inspiration to everyone who shares in the mission. 

Jenny
1990
Growing to Serve

Over the next several decades, Listerhill would grow to expand its service footprint by working with more employer groups and adding value to its expanding membership. This also meant the credit union was opening branches across northwest Alabama and serving thousands of new members while offering new and innovative products and services.

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Today
A Continued Tradition of Excellence

Today, at $1 billion in assets, Listerhill Credit Union is the seventh largest credit union in Alabama serving 100,000 members across two states. Our comprehensive offering of financial services prepare members for every stage of life. 

Our innovative retail model and branch design is writing the script for financial institutions across the southeast. In fact, Listerhill was named the Best Credit Unions in Alabama by Forbes magazine and is a certified Great Place to Work

Listerhill passionately continues its commitment in serving the local community with integrity while striving for excellence and innovation.

Recognition
Listerhill is a Certified Great Place To Work

Listerhill was recently certified through August 2021 as a Great Place To Work. 94% of our employees said that Listerhill is a great place to work based on our culture and benefits. Some terms that were used when employees were asked to explain why Listerhill is a great workplace include "Family", "Community", and "Care".

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Recognition
Listerhill Named Forbes' Best-In-State Credit Union

Listerhill was honored to be named as the best credit union in Alabama by Forbes.com for overall recommendations and satisfaction, as well as five subdimensions: trust, terms and conditions, branch services, digital services and financial advice.

Recognition
The Shoals Business Excellence Award

Listerhill proudly received the Shoals Chamber Business Excellence Award for Large Business of the Year from the Shoals Chamber of Commerce. The recognition focused on making a significant, positive impact upon the local community and the local economy.

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Annual Meeting 2021

When you opened your first account with Listerhill Credit Union, you deposited a small amount into your savings for which has stayed locked into that account ever since. This deposit represents a shar...

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Common Links

Frequently Asked Questions

  • How do I redeem my Merchandise Rewards?

    The easiest way to redeem your Merchandise Rewards is to log into Listerhill’s Online Banking and click the “Get Info” link to the right of your credit card information. This will take you to our credit card servicing site within the same window. Select “Rewards” on the upper right side within the screen (below FICO Score) and on the next screen, click on the CURewards logo. This will automatically sign you in to be able to redeem your Merchandise Rewards points!

  • What are the benefits of becoming a SEG partner organization?

    1. Completely free program and zero liability to your company.

    2. Easy to implement – requires no additional staffing or resource allocation.

    3. Builds employee loyalty and helps your organization stand out in a competitive employment market.

    4. Encourages financially stable employees through free on-site financial workshops.

    5. Initial on-site employee orientation; re-orientations and free financial seminars available. Once signed up, our SEG partner organizations are offered a free 30-40 minute on-site orientation to educate employees about the benefits of belonging to the Listerhill Credit Union financial cooperative. This informative and helpful session gives your employees a chance to ask questions and learn about the many benefits, products and services that membership provides them. Once on board, we also offer [INSERT PROGRAM NAME HERE] partner organizations free Lunch n’ Learn seminars for employees. Topics include creating a budget, paying for college, debt management and how to buy a home.

    6. Credit union support at benefit fairs and open enrollment.

    7. Same-day account opening – we can immediately assist your employees who would like to open an account during our visit.

    8. Free informational materials – We provide all materials at no charge, including brochures and financial wellness educational workbooks

    9. Free participation in employee benefits fairs, new employee orientation meetings and other organizational events.

    10. No hassle partnership – we do all the work!

  • How do your employees benefit from being a SEG?

    1. Lifetime credit union membership

    2. Competitive rates on a wide range of savings products like:

    • Share Savings
    • Money Market
    • Certificates
    • IRAs
    • My Goal Savings
    • Explorer Rewards

    3. A wide range of loan products like:

    • Auto loans
    • Personal loans
    • Recreational loans

    4. Competitive loan and savings rates.

    5. 24/7 account access with Smart ATMs, Online and Mobile Banking, or by telephone with Automated Access. The choice is yours.

    6. eStatements

    7. Overdraft protection

    8. Up to 3 overdraft refunds per year on us.

    9. First box of checks free when you open your new checking account.

    10. Free Visa debit card with rewards or a UNA Keystone Debit Card to show your #lionpride and give back to the University.

    11. Checking accounts with no minimum balance required.

    12. Interest-earning checking accounts

    13. Free Online Banking with features like:

    • Free Online Bill Pay
    • PopMoney
    • Notify Me Alerts
    • Personal Finance Manager

    14. 24/7 Access to Smart ATMS with features like:

    • Make a deposit
    • Get exact change
    • Make loan payments
    • Speak with a real, local representative

    15. Access to 5,000 CO-OP Shared Branches nationwide for easy access to your money wherever you go.

    16. Visa Platinum Cash Back card with 1% cash back on everything you buy.

    17. Visa Platinum Merchandise Rewards

    18. A full-service mortgage lending department and your mortgage stays with Listerhill for the life of the loan.

    19. A full-service financial planning department that gives you personalized, local service.

    20. Access to financial wellness education courses and information.

  • How does the Maintenance Fee contribute to Listerhill's sustainability?

    In the past, we charged a $10 Relationship Fee to help cover the cost of servicing members' accounts. We felt we could serve you better by removing this fee and establishing a lower fee based on your investment in the cooperative. Encouraging our members to save and borrow with us is key to Listerhill's sustainability, plus it creates value that it ultimately returned back to our member owners (like you!)

  • How can I avoid the new Maintenance Fee?

    You can avoid the new $5 Maintenance Fee entirely when you meet just one of the following requirements:

    • You or someone in your household has had a current loan or mortgage within the last 12 months.   

    • You or someone in your household has an open credit card    

    • You or someone in your household has an aggregate average daily balance of $1,000 in your accounts  

    • You or someone in your household has a relationship with our Listerhill Financial Services department   

    • You have paid at least $125 in NSF, Transfer, or Courtesy Pay fees for the month   

    • You are under the age of 25   

    • Your account is less than 90 days old   

    • You have paid a Return Mail Fee or an Inactive Account Fee for the month