Mutual Savings
Mutual Savings is a credit union based in Birmingham, Alabama, established in 1936, with $244 million in total assets serving 19,012 members. By Trust Grade it ranks 79th of 89 credit unions we track in Alabama. Its net worth ratio of 8.9% trails most similarly sized credit unions (14th percentile), versus a Alabama median of 14.2%. It was profitable over the most recent period, with a 0.20% return on assets. No consumer complaints against Mutual Savings appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Mutual Savings compares to Alabama peers
How we graded Mutual Savings
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.9% capital ratio)
- Profitable (ROA 0.20%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Mutual Savings over the analysis window. For a smaller institution this is common and counts in its favor.
Are deposits at Mutual Savings insured?
Yes. Mutual Savings is an NCUA-insured credit union. Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Mutual Savings: frequently asked questions
Is Mutual Savings a good credit union?
Mutual Savings earns a Bankzia Trust Grade of B (81/100, "Strong"), based on a financial-strength score of 81/100 (it has no CFPB complaints on record). Well-capitalized (8.9% capital ratio); Profitable (ROA 0.20%).
Is Mutual Savings NCUA-insured?
Yes. Mutual Savings is a NCUA-insured credit union. Deposits are protected up to the standard NCUA limit of $250,000 per depositor, per ownership category.
How big is Mutual Savings?
Mutual Savings holds $244 million in total assets, ranking 79th of 89 credit unions we track in Alabama. It serves 19,012 members.
Does Mutual Savings have CFPB complaints?
No CFPB complaints against Mutual Savings appear in our data over the analysis window, which is typical for a credit union of this size.
Similar Credit Unions
Financial data from NCUA call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
