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About Listerhill

Listerhill Credit Union is a nonprofit financial cooperative improving lives in our community.

A credit union is a nonprofit cooperative owned and operated by its members. This is what distinguishes a credit union from other financial institutions. Members put their money in a variety of savings accounts, and that money, in turn, is lent to members. After operating expenses and reserve requirements are met, income is returned to all members in the form of dividends and comprehensive financial services.

It's all about We
Serve
We exist to serve.

Listerhill's mission and vision are an extension of our founding. We are a financial cooperative whose primary purpose was, and still is, to help our members live a healthy financial life and to offer an alternative to traditional profit-driven banks and lenders.

Innovative
We are innovative.

Whenever we see the opportunity to improve the service our members receive, we make it happen. Our brand is at the fore of our industry and our products and services are leading edge. We are never satisfied. We know it can always be done better.

Communities
We love our communities.

Our lives and out part within our towns and cities, schools and businesses extends far beyond the service of our members. We are in it for everyone. As our community grows and thrives, so do we. We are altruistic, not for business reasons, but because we care.

Comprehensive
We are comprehensive.

Listerhill is a comprehensive financial institution, offering every financial service necessary to improve a member's life. Although financial services alone can be imitated, our motivation can not.

Approachable
We are approachable.

We lack the stuffiness of a traditional financial institution because we're not a traditional financial institution. We are built from community and we know our neighbors and members. They are our family and friends and we treat them as such. We're always friendly. We encourage interaction.

What is a credit union?
A credit union is a nonprofit cooperative owned and operated by its members.

This is what distinguishes a credit union from other financial institutions. Members put their money in a variety of savings accounts, and that money, in turn, is lent to members. After operating expenses and reserve requirements are met, income is returned to all members in the form of dividends and comprehensive financial services.

Each member owns an equal "share" in the organization and has the right to vote in elections for the Board of Directors and Supervisory Committee. Every member has one vote, regardless of how much he or she has on deposit. At the Credit Union, there is no select group of shareholders who profits more than anyone else. All members profit — individually and collectively.

When you join a credit union, membership is for life — even if you retire, move away or change employers. Our policy is "lifetime membership"; once a member, always a member.

Our Vision

To value people over profit, work passionately, exceed expectations, proactively seek improvement, and make our community a better place.

Listerhill is
Nonprofit
Cooperative
Member Owned
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.

Mr  Mann Cropped
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.

Killen
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.

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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 Muscle Shoals. 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, Shoals TRAC, 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

Mark has served on the Board of Listerhill Credit Union since July, 2015. A native a Alabama, he earned a Bachelor of Science degree in Chemistry and a Master’s degree in Athletic Administration at Wayne State College in Nebraska. While a WSC, he was a two-time academic all-American in football and upon graduation, he served was a member of their football coaching staff. Mark served 30-plus years in different roles in intercollegiate athletics administration. Recently, Linder transitioned into his current role as a professor in the Department of Kinesiology at the University of North Alabama. He is married to his wife, Michele and they have three children.

Bob Little

Board Member

Mr. Little has lived most of his life in Muscle Shoals. He graduated from Muscle Shoals High School in 1977. He was employed with the Muscle Shoals Electric Board and retired with 35 years of service. He has been a member of Woodward Avenue Baptist Church for over 40 years. He and his wife have two daughters and one grandson. He has served as a volunteer with Listerhill Credit Union since 2005, serving on the Loan Committee and the 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.

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Frequently Asked Questions

  • How am I eligible for membership at Listerhill if I don't live near a branch?

    You can become eligible for membership at Listerhill anywhere in Alabama if you join the Alabama Consumer Council or the Athens State Alumni Association. In Tennessee, you can also become eligible for membership if you join the Athens State Alumni Association. This membership is initiated at no cost to you and doesn't require any setup on your part outside of the normal application process to become a member of Listerhill.

  • How can I access my Listerhill accounts without a nearby branch?

    If you live in Alabama or in south central Tennessee but don't have a Listerhill branch location nearby, there are still plenty of ways to access your accounts. You can use our online banking, mobile banking app, and cards app to access your accounts from your devices. You can also take advantage of our CO-OP Shared Branches for easy access to your money wherever you are. If you need to get in touch, we're always one call away.

  • Can I open a Listerhill account online?

    You can open your Listerhill account, loan, or credit card from the comfort of your home with our easy online application. Or, if you want to apply for a mortgage, you can learn more about our offerings and start your application here.

  • Am I eligible for membership at Listerhill?

    If you live, work, attend school, or own property anywhere in Alabama or Tennessee, you're in luck! You're eligible to become a Listerhill member.

  • The Great Giveback Official Rules

    1. Eligibility: No purchase or obligation necessary to participate and win. All participants must be 19 years of age or older at time of contest participation. Employees of Listerhill Credit Union are not eligible to register for the contest.

    2. How To Enter the Contest: All Listerhill members who have consumer loans in good standing, (subject to limitations below) are automatically entered. Anyone who takes out a new loan with Listerhill Credit Union, or refinances a loan from another lender with Listerhill Credit Union (subject to limitations below) will automatically be entered to win. Limit of one entry per loan.

    NO PURCHASE NECESSARY: To enter the contest without a loan, send a self-addressed, stamped envelope to: Listerhill Credit Union, P.O. Box 566, Sheffield, AL 35660, Attn: Great Giveback Contest Entry. Limit one entry per person. Written entries must be received no later than July 3, 2021.

    Listerhill Credit Union will not be responsible for incomplete, lost, late, misdirected or illegible entries or for failure to receive entries. All entries become property of Listerhill Credit Union and none will be returned. Any questions regarding the number of entries submitted shall be determined by Listerhill Credit Union in its sole discretion, and Listerhill Credit Union reserves the right to disqualify any entries by persons determined to be tampering with, violating, or abusing any aspect of the contest.

    3. Contest Entry Requirements: In the event the Credit Union, in its sole discretion, determines that any Entry contains content that does not comply with these Official Rules or does not otherwise comply with regulatory guidelines, Credit Union reserves the right to disqualify the entry.

    4. Determining the Winner: A Credit Union employee will select at random four (4) $500 winners (one per day July 12-15) and one Grand Prize Winner from all entries received on July 16, 2021. You do not have to be present to win.

    5. Prizes: $500 Cash Prize: the Credit Union will award four (4) members with $500 cash each. Grand Prize: The Credit Union will pay up to $25,000 toward your loan with Listerhill Credit Union, or combination of loans. No loan payments will be made to loans with any other lender. No cash equivalent provided, and the total prize amount may be less depending on the outstanding amount of loan balance(s) with Listerhill Credit Union. In no event will the prize awarded exceed the total amount of the winner’s outstanding balance of qualifying loans with Listerhill Credit Union. Federal, state and local taxes are the sole responsibility of the winner. IRS regulations require the Credit Union file a 1099 on behalf of the winner.

    A Credit Union employee will call the prize winners and the prize winners will be called up to five times during regular business hours at number provided on entry form and will leave no messages. Failure to reach winner during these calls may result in disqualification of winner, forfeiture of his or her interest in all prizes, and selection of a substitute winner drawn from the drum. Winner will be required to schedule a time, at least 48 hours in advance, to visit Listerhill Credit Union, located at 4790 2nd Street, Muscle Shoals AL, 35661 in person, during regular business hours within seven (7) days of being notified to claim prizes by providing proof of eligibility for prize won and completing and signing an affidavit of eligibility and a liability and publicity release. Failure of any Winner to timely contact the Credit Union, visit the above Credit Union office in person and sign and return any required affidavit and release, or to claim a prize or comply with any term or condition of these Official Rules, will result in drawing Winner's disqualification and the forfeiture of his or her interest in the prize. Winners may waive their right to receive prizes. Prizes are non-assignable and nontransferable. No substitutions allowed by winner.

    6. To be eligible to win, all loans must be in good standing (not more than 30 days past due at the time of drawing. Eligible loans are limited to auto loans (no indirect dealer loans), personal loans (no loans secured by real property, such as mortgages, 2nd mortgages, and Home Equity Lines of Credit) and recreation loans made to consumer borrowers (not business or commercial loans).

    6. Participation. By participating, entrants agree to be bound by these Official Rules and the decisions of the Contest. Except where prohibited, acceptance of any prize constitutes winner's consent to the publication of his or her name, biographical information and likeness in any media for any commercial or promotional purpose, without limitation the Internet, or further compensation. Prizes not won and claimed by eligible winners in accordance with these Official Rules will not be awarded and will remain the property of the Credit Union.