Alabama NewsCenter – Alabama’s APCO Employees Credit Union celebrates 70 years of service

By: Jackson Roberts

APCO Employees Credit Union (APCO ECU) is commemorating the care and trust it has exhibited for its clients in Alabama, and beyond, for 70 years.

In 1953 a gallon of milk was ninety-four cents and a loaf of bread was sixteen cents. It was the year the Chevrolet Corvette saw its first release to the public. Frank Sinatra won an Academy Award and Dwight Eisenhower was president amid the height of the Cold War. And it was the year the Alabama Power Company Employees Credit Union came into fruition.

On July 1 that year, APCO ECU was created when Western Division Credit Union, which served Alabama Power employees in western counties, the Birmingham Electric Company Credit Union (Alabama Power acquired Birmingham Electric Company in 1951) and Alabama Power’s General Office Credit Union merged into one. The combined company offered a larger capital base to serve customers.

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