Sheffield, Alabama · Since 1958
For the families who built this valley.
We're the credit union for members of IBEW 558 and their families. We're not-for-profit and exist to serve our members.
What we offer
Great rates, from a team that knows you.
Auto Loans
New or used. And if any local lender beats us on a new loan, bring proof — we'll write yours to match.
See Auto Loans →
Certificates
Lock a rate for 6 to 36 months. The rate you open with is the rate you keep.
See Certificates →
Personal Loans
Fixed rate, fixed payment, no surprises. For whatever life throws at you.
See Personal Loans →
Membership
Who can join
- Members & retirees of IBEW Local 558
- Anyone working under a 558 agreement
- Family of a member — spouse, kids, parents, siblings
- Anyone sharing a household with a member
They financed my first truck back when the bank downtown wouldn’t even return my calls.
The credit union helped my dream of building a farm after retirement.
I love the family feel and everyone is so knowledgeable and helpful.
Our Heritage
Wired by the same hands that wired this valley.
Fifteen electrical workers chartered IBEW Local 558 in Sheffield in 1918, building the nitrate plants that powered a war. Their sons and daughters ran conduit through the TVA dams and wired the rockets at Redstone. In 1958, those same members put in their own money and started this credit union — so a journeyman could finance a truck when the banks downtown wouldn’t take the call.
It ran out of a doublewide across from the old union hall for years. Today it sits on East 17th Street, next door to the same local. Same members, same purpose, same handshake.
Eight hours’ work for eight hours’ pay — and a credit union that works the same way.
Reach us
A person answers.
Every time.
No phone tree, no ticket number. One branch on East 17th Street — next door to the union hall — and the same people behind the counter every time you drive up.
(256) 383-6551
Sheffield, AL 35660
Rates effective April 8, 2026. *APR = Annual Percentage Rate. Rates shown are the lowest available and depend on credit, term, and collateral. Not all applicants will qualify. Rates are subject to change without notice. **We’ll match a lower rate on a comparable new loan offered by another local lender. To qualify, provide a written, dated offer or quote from the competing lender at the time of application. The offer must be for the same loan type, amount, and term, for a loan and lender you qualify for.