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Membership Means Ownership

If you're a member, then you're an owner. When the credit union wins, you win! We share the profits with our members and community.

So what does membership mean? It means you have direct access to low loan rates, high share rates and great service to go with these products. Since our humble beginnings in the basement of the Alabama State Capital in 1954, we have grown to a full service financial cooperative with a broad suite of products to serve all your financial needs. From consumer loans and deposit options, to mortgage products and commercial products, ASE has what YOU need. ASE Membership definitely has it perks. We’d love the opportunity to discuss your needs specifically, so contact us to get the process started on becoming an ASE member today!

YOUR Life. YOUR Goals. YOUR ASE.

ASE's mission is to serve our communities with integrity and commitment while helping members manage finances and realize dreams.

Our vision is to connect with our communities we serve to enhance quality of life for our members, team members and volunteers.

Website Family In Bed

We strive to live by these core values.

Put Members First

Demonstrate Integrity

Foster Trustworthiness

Treat Others with Respect

Be Engaged

Act with a Sense of Urgency

ASE Timeline

1954

ASE Credit Union was established on February 26, 1954, in the basement of the Alabama State Capital to serve the financial needs of the state employees and their families. The credit union known as Alabama State Employees Credit Union was organized by 15 state employees with $265.00 in beginning shares.

1975

ASE leased the old Price Drug Store building on the corner of South Ripley and Adams Street in downtown Montgomery and moved the credit union from the Alabama State Capital building.

1983

ASE purchased a small lot on North Jackson Street in Montgomery and built its first location.

1990

A corporate office was built in Colonial Park off Perry Hill Road at 1000 Interstate Park Drive, which also housed a branch and the branch operations for the credit union. The Jackson Street location continued to operate as the downtown branch.

2001

The downtown branch was relocated to the corner of Washington and Ripley Street which is within walking distance of the State Capital and convenient for many state employees. The original downtown branch on Jackson Street was sold.

2001

ASE was granted a Community Charter for Montgomery County and eight surrounding counties to allow membership for all who live, work, attend school and/or worship in these counties. In addition, all participants of the Employees Retirement Systems of Alabama were allowed membership.

2003

ASE opened a branch in Wetumpka, Alabama in December to serve members in Elmore County.

2004

In July, ASE opened a branch in Millbrook, Alabama.

2015

In May of 2015, ASE purchased a fifth branch location in East Montgomery at the corner of Chantilly Parkway and East Chase Parkway to serve members living and working in East Montgomery.

2016

In December of 2016, ASE began opening retail branch locations housed in retail shopping centers. The first location was opened in Prattville, Alabama.

2017

In April of 2017, a retail branch location was opened in Clanton, Alabama in Chilton County. In July of 2017, a retail branch location was opened in Greenville, Alabama in Butler County.

2017

In November of 2017, an Operations Center was opened. This location houses all of our back office staff, which allowed employees to work more efficiently together to better assist members' needs.

2018

In May of 2018, ASE acquired Craig Credit Union in Selma, Alabama to serve members in Dallas County.

2019

Montgomery, Elmore, and Autauga County "Best of the Best" Award; Selma Times Journal's "Best of" Award; Greenville Chamber's New Business of the Year Award; CUNA's "Louise Herring Service Award" Winner

Today, ASE Credit Union has 9 locations serving over 43,000 members with over $315MM in assets.

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