Railway Employees Credit Union Muscle Shoals, Alabama
Railway Employees Credit Union is a state-chartered credit union headquartered in Muscle Shoals, AL, established in 1935 (NCUA charter 61474), and it is regulated and insured by the NCUA. At Q2 2026 it reported 1,360 members and total assets of $21.1M (up 9.4% from Q2 2025), the 60th largest of 87 credit unions headquartered in Alabama. Its net worth ratio was 22.01% at Q2 2026, in the well capitalized band.
Also written as Railway Employees CU
BankRegReports is independent of Railway Employees Credit Union and never asks for online banking logins or passwords.
Data as of · sourced from NCUA 5300 call reports. How we update
- Charter
- State-chartered credit union
- Regulator
- NCUA
- Deposit insurance
- NCUA (NCUSIF)
- NCUA charter number
- 61474
- Headquarters
- Muscle Shoals, AL
- Established
- 1935
- Total assets, Q2 2026
- $21.1M
- Assets vs Q2 2025
- +9.4%
- Members, Q2 2026
- 1,360
- Net worth ratio, Q2 2026
- 22.01%
- Latest call report
- Q2 2026, NCUA 5300 · Railway Employees Credit Union call report
- Asset rank in state
- 60th of 87 in Alabama
- Routing number
- 262277024
- Branches
- 2
It has 24 fewer members than on June 30, 2025 (-1.7%). Its net worth ratio was down 1.07 percentage points from 23.08% on June 30, 2025. 1- to 4-family residential and other consumer real estate loans are its largest loan category, $2.9M of $5.6M in total loans on its June 30, 2026 filing. Its 60-day delinquency ratio of 0.97% is above the 0.86% median of the 2,162 credit unions with under $100M in assets for Q2 2026. Its 22.01% net worth ratio is above that band's 14.31% median.
Credit unions similar in size in Alabama
Frequently asked about Railway Employees Credit Union
How big is Railway Employees Credit Union?
At Q2 2026 it reported total assets of $21.1M and 1,360 members.
Where is Railway Employees Credit Union headquartered?
It is headquartered in Muscle Shoals, AL, United States.
When was Railway Employees Credit Union founded?
It was established in 1935, per NCUA records.
Is Railway Employees Credit Union FDIC insured?
No. The FDIC insures banks, not credit unions. It is a federally insured credit union (NCUA charter 61474): 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 Railway Employees Credit Union?
It is a state-chartered credit union, supervised by its state credit union regulator and by the NCUA, which insures its shares.
Is Railway Employees Credit Union well capitalized?
Its net worth ratio was 22.01% 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 Railway Employees Credit Union's delinquency ratio?
Its delinquency ratio was 0.97% at Q2 2026: loans 60 or more days past due as a share of total loans.
What is Railway Employees Credit Union's loan-to-share ratio?
Its loan-to-share ratio was 33.63% at Q2 2026: total loans as a share of member shares and deposits.
Credit Union Profile
- Headquarters
- Muscle Shoals, AL 35661
- Charter Type
- State-chartered credit union
- Primary Regulator
- NCUA
- Insurance
- NCUSIF
- Established
- 1935
- NCUA Charter #
- 61474
- RSSD ID
- 53798
- Members
- 1,360
- Potential members
- 2,500
Size & Membership
Profitability
Q2 annualizedCapital & Asset Quality
Peer comparison: credit unions of similar size
It ranks against 2,479 credit unions with under $100M in assets, as of Q2 2026. It is in the top quartile on 1 of 7 ranked measures and in the bottom quartile on 1.
| Metric | This credit union | Peer median | Rank among peers |
|---|---|---|---|
| Net worth ratio Middle half of peers: 11.14% to 19.38% | 22.01% | 14.31% | 81st top |
| Return on assets Middle half of peers: 0.16% to 1.30% | 0.65% | 0.72% | 47th below |
| Return on equity Middle half of peers: 1.04% to 8.69% | 2.96% | 4.74% | 38th below |
| Net interest margin Middle half of peers: 3.31% to 4.53% | 3.29% | 3.93% | 25th bottom |
| Efficiency ratio Middle half of peers: 68.03% to 91.60% | 81.77% | 79.83% | 46th below |
| Cost of funds Middle half of peers: 0.37% to 1.23% | 0.98% | 0.78% | 39th below |
| Delinquency ratio Middle half of peers: 0.35% to 1.93% | 0.97% | 0.86% | 47th below |
| Yield on assets Middle half of peers: 4.21% to 5.32% | 4.27% | 4.70% | 28th position only |
| Loan-to-share ratio Middle half of peers: 42.33% to 75.81% | 33.63% | 58.92% | 15th position only |
Quarterly trends
Last 6 quarters of 5300 filings. Under each chart, Q2 2026 against Q2 2025. How these charts are built
$21.1M total assets against $19.3M; $16.7M total shares and deposits against $15.2M; $5.6M total loans against $5.9M.
$4.6M net worth against $4.4M.
22.01% net worth ratio against 23.08%.
33.63% loan-to-share ratio against 38.81%.
0.97% delinquency ratio against 1.02%.
0.65% return on assets against 0.68%; 2.96% return on equity against 2.94%.
3.29% net interest margin against 3.75%.
1,360 members against 1,384.
Quarterly trend: last 6 quarters
| Quarter | Net worth ratio | ROA | Delinquency | Loan-to-share |
|---|---|---|---|---|
| June 30, 2026 | 22.01% | 0.65% | 0.97% | 33.63% |
| March 31, 2026 | 21.95% | 0.91% | 0.53% | 35.53% |
| December 31, 2025 | 22.66% | 1.93% | 0.39% | 37.43% |
| September 30, 2025 | 22.64% | 0.31% | 0.79% | 38.99% |
| June 30, 2025 | 23.08% | 0.68% | 1.02% | 38.81% |
| March 31, 2025 | 23.95% | 0.85% | 2.79% | 38.43% |
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.