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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.

With only $5, you can join Listerhill today and start taking advantage of a lifetime membership.

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What You Should Know About Listerhill's New Associational Membership Option

A new Listerhill membership option is now available and opens up a host of financial features and benefits to folks outside of our area

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.

We’ve got some exciting news! Listerhill is currently working with the Alabama Consumer Council (a chapter of the American Consumer Council) and Athens Alumni Association to establish a new associational membership option. This move allows for residents of other qualifying states (see the list here) to join Listerhill!

Read on to learn the basics of this new membership option.

New Listerhill Membership Option Features

Membership at Listerhill is opening up to new folks, and we couldn’t be more excited to share more of the great savings options designed just for our members. While membership was already open to those who lived, owned property or worked in certain counties in Tennessee and Alabama, it’s no longer restricted only to those who live in qualifying counties.

Now, if you belong to either the Alabama Consumer Council or the Athens Alumni Association in a qualifying state, you can become a member. Please note that you must reside in Alabama, Georgia, Mississippi, or Tennessee if you’re interested in becoming a Listerhill member by joining either association.

Even better, when you join either association, Listerhill will foot the bill for your first year of membership dues.

About the Alabama Consumer Council

The American Consumer Council is a non-profit consumer education organization. As a state branch, the Alabama Consumer Council deals primarily with financial education and keeping our members informed about various product recalls.

About the Athens Alumni Association

The Athens Alumni Association is open to alumni of Athens State University. A board of directors composed of alumni makes a variety of decisions about supporting the university, its students, and various on-campus effects. Support to the university comes in the form of scholarships and on-campus projects.

Benefits of Listerhill Membership

When you join Listerhill, you’re not simply opening an account at another financial institution. You’re joining a community.

As a member-owned nonprofit, Listerhill doesn’t exist to make money for faraway investors or shareholders. Instead, they’re here for the people who work, attend school, own property, and essentially live their lives in the same place where they keep their hard-earned money. Our profits come right back to you, in the form of lower interest rates on loans and higher dividends on savings accounts and CDs.

And it doesn’t stop with money. We’re proud to give back to the community in the form of sponsorships and scholarships for schools and volunteerism. Additionally, we are proud to partner and sponsor local businesses and organizations.

With so many things uncertain, the old saying from “The Wizard of Oz” is true: “There’s no place like home.” The community-oriented nature of credit unions means you enjoy the luxury of a financial institution that cares about you as an individual, that takes the time to get to know you, look at your financial situation, and help you figure out the best way to get where you want to be.

Whether you live, work, or own property in Huntsville, Madison County, Birmingham, or Gulf Shores, or any of the other localities that are eligible for membership, if you are looking for another credit union option, Listerhill is here for you.

Get Started With Listerhill’s New Membership Option

Why should we keep something this good to ourselves?

This is it. This is your opportunity to take advantage of Listerhill’s personalized member service and competitive rates by joining an approved association at no cost to you for the first year. Membership is no longer restricted to people with connections to certain places.

Money management shouldn’t simply be another chore, or worse, something you try not to think about. Listerhill prides itself on its financial education tools and resources for members. We offer a variety of Financial Wellness programs like:

  • Schools events

  • Workshops at your workplace

  • Financial literacy in the classroom at high schools and colleges

  • BALANCE Financial Fitness Program

From group workshops to confidential, free financial counseling, Listerhill is ready to help you make your financial goals a reality.

Our members matter to us, and so does their financial future. If you want to know more, we’re ready to answer your questions and to tell you all about our various programs, initiatives, products, and services.

Learn more about our community and join us.

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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.