Organizations Filed Purposes:
THIS CREDIT UNION IS A VOLUNTARY, COOPERATIVE, NON-PROFIT FINANCIAL INSTITUTION, CHARTERED UNDER THE ALABAMA CREDIT UNION ACT. ITS PRIMARY PURPOSE IS THE ENCOURAGEMENT OF THRIFT, THE CREATION OF A SOURCE OF CREDIT AT FAIR AND REASONABLE RATES OF INTEREST, AND THE PROVISION OF OPPORTUNITIES FOR ITS MEMBERS TO CONTROL THEIR OWN MONEY IN ORDER TO IMPROVE THEIR ECONOMIC AND SOCIAL CONDITION.
COOPERATIVE CREDIT UNION
ALABAMA BANKING CODE, SECTION 5-17-1, STATES THAT A CREDIT UNION IS A COOPERATIVE SOCIETY INCORPORATED FOR THE TWOFOLD PURPOSE OF PROMOTING THRIFT AMONG ITS MEMBERS AND CREATING A SOURCE OF CREDIT FOR THEM AT LEGITIMATE RATES OF INTEREST. RAILROAD COMMUNITY CREDIT UNION, AN ALABAMA STATE CHARTERED CREDIT UNION, PROVIDES THESE SERVICES TO ITS MEMBERS WHO ARE UNDER THE EXISTING EMPLOYER GROUP OF NORFOLK SOUTHERN, CITY OF IRONDALE AND MORRIS SHEA BRIDGE, JEFFERSON, BLOUNT, ST. CLAIR, SHELBY, WALKER AND TUSCALOOSA COUNTIES. AS OF DECEMBER 31, 2019, THE CREDIT UNION HAD APPROXIMATELY 5,122 MEMBERS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Sharon M Hazelwood | CEO/PRESIDENT | 40 | $100,045 |
| James W Adams | BOARD TREASURER | 40 | $64,980 |
| Linda G Bass | SUPERVISORY COMMITTEE MEMBER | 1 | $0 |
| Alvin Ash Jr | BOARD MEMBER | 1 | $0 |
| Marshall W Walk | BOARD MEMBER | 1 | $0 |
| Mary Wade-Greer | BOARD MEMBER | 1 | $0 |
| Cynthia S Sims | SUPERVISORY COMMITTEE CHAIRPERSON | 1 | $0 |
| Richard W Linn | BOARD MEMBER | 1 | $0 |
| Leslie C Smith | BOARD VICE CHAIRPERSON | 1 | $0 |
| Michael L Darden | BOARD MEMBER | 1 | $0 |
| Jerry W Graben | BOARD MEMBER - FORMER | 1 | $0 |
| Brenda Aldridge | BOARD SECRETARY | 1 | $0 |
| Don E Dixon | BOARD CHAIRPERSON | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202002319349301805_public.xml