Hoover, AL – 4/01/2025 – Jefferson Credit Union (JCU) is pleased to announce its merger with Alabama Law Enforcement Credit Union (ALLECU), expanding financial services and accessibility for members across Alabama. The merger, effective 4/01/2025, brings together the strengths of both institutions, ensuring continued personalized service while offering expanded
technology, gained efficiencies, and additional branch access.
Originally founded in 1939, ALLECU has proudly served Alabama’s law enforcement community for over 86 years. That’s a legacy that Jefferson Credit Union will continue to support. With this merger, ALLECU’s 1,750 members will benefit from additional financial products, and access to JCU’s broader branch and ATM service network. Jefferson Credit Union members will gain the convenience of an additional branch location, further solidifying JCU’s commitment to serving the community, since 1928.
“This partnership is about growth, innovation, and, most importantly, serving our members even better,” said Richard Morris, President and CEO of Jefferson Credit Union. “As the longest running credit union in the state of Alabama, we are honored to welcome Alabama Law Enforcement Credit Union members into the JCU family. We are committed to preserving the personal, member-focused service they’ve always known while becoming stronger together.”
“This merger is a win for our members,” said Kayla Southerland, CEO of Alabama Law Enforcement Credit Union. “They will now have access to expanded financial services, and the strength of a larger credit union—all while experiencing the same level of personalized service. We’re excited for this next chapter.”
Jefferson Credit Union, headquartered in Hoover, Alabama, has a long-standing reputation for providing exceptional financial services with a focus on community impact. This strategic merger reinforces JCU’s mission of delivering financial empowerment and convenience to its members.
Jefferson Credit Union, organized in 1928, is the longest running credit union in Alabama. This member-focused financial is institution dedicated to providing exceptional banking services to individuals and families across Alabama. With a commitment to community, convenience, and innovation, JCU continues to grow while maintaining the personal service its members value.
Alabama Law Enforcement Credit Union was founded in 1939 to serve the financial needs of Alabama’s law enforcement professionals and their families. With a strong tradition of trust, personalized service, and community support, ALLECU has provided financial stability and resources for generations.