Why a credit union?
Because credit unions do it better! As a credit union, we are a not-for-profit financial institution, making decisions based on what’s best for our members. Any profits we do make are reinvested in you!
By becoming a member of a credit union, you become part of a group whose primary goal is to help each other. That means rates and services that rank consistently better than those offered at your typical bank.
At the end of the day, it comes down to who benefits from the credit union’s success. At a bank it’s the shareholders, whoever they may be. At a credit union, it is the members.
Why Mutual Savings?
We work hard for you – everyday.
Our core purpose is to serve the hardworking people of central Alabama. We know our members work hard for their money.
Our mission is to strengthen the financial lives of the hardworking people of central Alabama.
Mutual Savings members also enjoy member discounts and 24/7 access to our services via your computer, tablet, phone or ATM.
We’re local. If you need someone to help, we are here. There is not a chain of people between you and the decision-maker. It makes a big difference in how we can support our members.
Because we make local decisions, we design our products specifically for the hardworking people of central Alabama. We offer signature Visa and Visa Blue credit cards, new and used auto loans, and all of our loan decisions are made at a local level. We keep our mortgages in-house. We don’t sell them on the secondary market. This means that we can do things such as finance up to 90 percent of the value of your home, require no Private Mortgage Insurance (PMI) and offer closing costs much lower than other lenders.