Americas First Federal Credit Union Birmingham, Alabama
Americas First Federal Credit Union is a federal credit union headquartered in Birmingham, AL, established in 1936 (NCUA charter 24534), and it is regulated and insured by the NCUA. At Q2 2026 it reported 195,624 members and total assets of $2.79B (up 6.9% from Q2 2025), the 4th largest of 87 credit unions headquartered in Alabama. Its net worth ratio was 12.25% at Q2 2026, in the well capitalized band.
Also written as Americas First FCU · Trade names filed with the NCUA: America's First Financial and Amfirst
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Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- Federal credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 24534
- Headquarters
- Birmingham, AL
- Established
- 1936
- Total assets, Q2 2026
- $2.79B
- Assets vs Q2 2025
- +6.9%
- Members, Q2 2026
- 195,624
- Net worth ratio, Q2 2026
- 12.25%
- Latest call report
- Q2 2026, NCUA 5300 · Americas First Federal Credit Union call report
- Asset rank in state
- 4th of 87 in Alabama
- Routing number
- 262083881
- Branches
- 22
It has 495 more members than on June 30, 2025 (+0.3%). Its net worth ratio was up 0.50 percentage points from 11.75% on June 30, 2025. Used vehicle loans are its largest loan category, $816.4M of $2.20B in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.77% is above the 0.68% median of the 454 credit unions with $1B to $10B in assets for Q2 2026. Its 12.25% net worth ratio is above that band's 10.89% median.
Credit unions merged into Americas First Federal Credit Union
Frequently asked about Americas First Federal Credit Union
How big is Americas First Federal Credit Union?
At Q2 2026 it reported total assets of $2.79B and 195,624 members.
Where is Americas First Federal Credit Union headquartered?
It is headquartered in Birmingham, AL, United States.
When was Americas First Federal Credit Union founded?
It was established in 1936, per NCUA records.
Is Americas First Federal Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 24534): member shares are insured by the National Credit Union Share Insurance Fund, run by the NCUA, up to $250,000 per member, per insured credit union, for each account ownership category, the same limit the FDIC applies to bank deposits.
Who regulates Americas First Federal Credit Union?
It is a federal credit union, chartered and supervised by the NCUA.
Is Americas First Federal Credit Union well capitalized?
Its net worth ratio was 12.25% at Q2 2026, in the well capitalized band. NCUA considers a credit union well capitalized at a net worth ratio of 7% or higher.
What is Americas First Federal Credit Union's delinquency ratio?
Its delinquency ratio was 0.77% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Americas First Federal Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 90.92% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Birmingham, AL 35203
- Charter Type
- Federal credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1936
- NCUA Charter #
- 24534
- RSSD ID
- 455093
- Members
- 195,624
- Potential members
- 1,612,317
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 454 credit unions with $1B to $10B in assets, as of Q2 2026. It is in the top quartile on 4 of 7 ranked measures.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 9.81% to 12.63% | 12.25% | 10.89% | 70th above |
| Return on assets Middle half of peers: 0.59% to 1.25% | 1.74% | 0.89% | over 90th top |
| Return on equity Middle half of peers: 5.37% to 10.92% | 14.24% | 8.07% | over 90th top |
| Net interest margin Middle half of peers: 3.05% to 3.80% | 3.66% | 3.45% | 65th above |
| Efficiency ratio Middle half of peers: 63.16% to 77.23% | 60.34% | 70.59% | 81st top |
| Cost of funds Middle half of peers: 1.37% to 1.99% | 1.29% | 1.68% | 79th top |
| Delinquency ratio Middle half of peers: 0.45% to 1.05% | 0.77% | 0.68% | 44th below |
| Yield on assets Middle half of peers: 4.70% to 5.46% | 4.95% | 5.12% | 40th position only |
| Loan-to-share ratio Middle half of peers: 78.23% to 95.19% | 90.92% | 88.03% | 60th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$2.79B total assets against $2.60B; $2.42B total shares and deposits against $2.28B; $2.20B total loans against $2.14B.
$341.2M net worth against $306.3M.
12.25% net worth ratio against 11.75%.
90.92% loan-to-share ratio against 93.87%.
0.77% delinquency ratio against 0.83%.
1.74% return on assets against 1.70%; 14.24% return on equity against 14.42%.
3.66% net interest margin against 3.53%.
195,624 members against 195,129.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 12.25% | 1.74% | 0.77% | 90.92% |
| March 31, 2026 | 12.01% | 0.75% | 0.77% | 90.56% |
| December 31, 2025 | 12.05% | 1.22% | 0.94% | 92.91% |
| September 30, 2025 | 12.09% | 1.71% | 0.78% | 95.13% |
| June 30, 2025 | 11.75% | 1.70% | 0.83% | 93.87% |
| March 31, 2025 | 11.40% | 1.08% | 0.62% | 91.24% |
Scroll sideways to see every column.
How we read these figures
Glossary: net worth ratio, delinquency, ROA, loan-to-share. The net worth category is ours, from NCUA's 7% well and 6% adequately capitalized cutoffs. It is not NCUA's determination, which can differ. ROA, ROE and margin annualize the quarter; NCUA's Financial Performance Report annualizes the year to date (YTD). Peer rank interpolates size-band percentiles. Methodology.