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Other Unstoppable Octogenarians

In celebration of our credit union turning 80, we thought it would be fun to showcase a few other famous 80-year olds who refuse to slow down as well:

  1. Joan Riverslogo
  2. Sir Michael Caine
  3. Joan Collins
  4. Gene Wilder
  5. Carol Burnett


Then (1934) Avadian began operations with 7 charter members and a capital base of $70.
Alabama Telco offered one traditional savings account and one type of loan.


Avadian operated out of a one-room office in the Southern Telephone & Telegraph Building on 6th

Avenue North in Downtown Birmingham and was only open on alternate Fridays and the 1st and 15th of every month.


Avadian had one part-time, unpaid employee who served as Treasurer.


Avadian was originally chartered to serve only employees of Southern Telephone & Telegraph and their immediate families in the Birmingham district.


Average price of a car was $575.

Average price of a gallon of gas was $0.10. 

Average price of a gallon of milk was $0.45.

Average price of a loaf of bread was $0.08.

Average price of a stamp was $0.03.

Average price of a new home was $5,972.


Now (2013) We have over 62,000 members and assets in excess of $600 million.


We offer close to 50 products, including every kind of loan you can imagine, savings accounts, checking accounts, business accounts, mortgages, and electronic services.

We currently have 187 employees that work out of a corporate office and 16 branches located across Alabama from Mobile to Madison and all points in between.

We no longer just serve phone company employees. We have over 600 select employee groups and serve anyone living, working, worshipping, or attending school in 16 counties, plus their relatives.


Average price of a car is $31,252.

Average price of a gallon of gas is $3.43.

Average price of a gallon of milk is $3.46.

Average price of a loaf of bread is $1.36.

Average price of a stamp is $0.46.

Average price of a new home is $318,900.



(Source: thepeoplehistory.com; forbes.com; Bureau of Labor Statistics bls.gov; census.gov)



The credit union is federally insured by the NCUA. Additional insurance of up to $250,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company.
Equal Housing Lender Equal Housing Opportunity Lender
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