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

If you live in Alabama, Georgia, Mississippi, Florida, or Tennessee, you are eligible to become a member. Depending on your individual eligibility, we may require membership into an approved association at no cost to you.

You can also qualify for membership by being a family member of a current or potential Listerhill member.

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Meals On Wheels

People Helping People: Community Action Agency of Northwest Alabama

We gave Meals on Wheels $500 for their efforts during COVID-19.

Editorial Note: Articles published are intended to provide general information and educational content related to personal finance, banking, and credit union services. While we strive to ensure the accuracy and reliability of the information presented, it should not be considered as financial advice and may be revised as needed.

Due to the COVID-19 pandemic, many organizations adjusted their practices and provided relief to people in need throughout their communities. Listerhill assisted these organizations by featuring them and donating $500 to their efforts! This article features Meals on Wheels through the Community Action Agency of Northwest Alabama.

Meals on Wheels of The Shoals ensures that seniors have access to adequate nutrition year round by delivering a hot, nutritious meal free of charge to those who can no longer cook for themselves due to a disability, doctor recommendation or recent surgery. They serve our elderly neighbors and those recovering from a surgery or who have a disability, living in Lauderdale, Colbert and Franklin Counties.

During the COVID-19 pandemic, Meals on Wheels of The Shoals adjusted their delivery schedules for the safety of their clients and volunteers – many of whom were in the high-risk category for COVID-19. During the state shutdown, the Sheriff Departments of all three counties delivered meals to their clients. Their delivery days changed from five days a week to three days a week with a hot meal and frozen meal delivered each day to cover six days of meals. This allowed them to reduce the risk of infection of their clients and volunteers. As our community opened back up, their volunteers returned for delivery but still observed the three days a week delivery schedule, wearing masks, wearing gloves, practicing sanitation best practices and social distancing with volunteers.

Meals on Wheels of The Shoals saw an increase in need for their services when the pandemic began and worked tirelessly to get everyone on a route for meal delivery. They delivered six meals per week, one hot and one frozen each week. This allowed them to have consistent interaction with their clients to ensure their wellness, mental health and connection with others. They are often the only interaction some of these community members have with the outside world, so it is important to check on them consistently.

Meals on Wheels of The Shoals is totally funded by our community and has been for 44+ years. A donation of $20 feeds a senior for a week! Donations can be made by going to their website at www.caanw.org and donating through their "Donate" button or by sending a check to the Meals on Wheels of The Shoals office at 745 Thompson Street, Florence, Alabama 35630. Those wishing to volunteer may contact them by calling 256-766-4330 ext. 106 and their coordinator will help plan volunteer time that fits your schedule.

Have an initiative or event you'd like to request funding for from Listerhill? You can fill out a donation request form here.

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Frequently Asked Questions

  • What happens when federally insured credit unions merge?

    If a member has accounts in credit union A and credit union B, and credit union A merges into credit union B, accounts of credit union A continue to be insured separately from the share deposits of credit union B for six months after the date of the merger or, in the case of a share certificate, the earliest maturity date after the six-month period. In the case of a share certificate that matures within the six-month grace period that is renewed at the same dollar amount, either with or without accrued dividends having been added to the principal amount, and for the same term as the original share certificate, the separate insurance applies to the renewed share certificate until the first maturity date after the six-month period. A share certificate that matures within the six-month grace period that is renewed on any other basis, or that is not renewed, is separately insured only until the end of the six-month grace period.

  • What happens if a federally insured credit union is liquidated?

    The NCUA would either transfer the insured member's account to another federally insured credit union or give the federally insured member a check equal to their insured account balance. This includes the principal and posted dividends through the date of the credit union's liquidation, up to the insurance limit.

  • If a credit union is liquidated, what is the timeframe for payout of the funds that are insured if the credit union cannot be acquired by another credit union?

    Federal law requires the NCUA to make payments of insured accounts "as soon as possible" upon the failure of a federally insured credit union. While every credit union failure is unique, there are standard policies and procedures that the NCUA follows in making share insurance payments. Historically, insured funds are available to members within just a few days after the closure of an insured credit union.

  • What happens to members with uninsured shares?

    Members who have uninsured shares may recover a portion of their uninsured shares, but there is no guarantee that they will recover any more than the insured amount. The amount of uninsured shares they may receive, if any, is based on the recovery of the failed credit union's assets. Depending on the quality and value of these assets, it may take several years to conclude recovery on all the assets. As recoveries are made, uninsured account holders may receive periodic payments on their uninsured shares claim.

  • What happens to my direct deposits if a federally insured credit union is liquidated?

    If a liquidated credit union is acquired by another federally insured credit union, all direct deposits, including Social Security checks or paychecks delivered electronically, will be automatically deposited into your account at the assuming credit union. If the NCUA cannot find an acquirer for the liquidated credit union, the NCUA will advise members to make new arrangements.