Jefferson Credit Union & Alabama Law Enforcement Credit Union Announce Intent to Merge
Subject to Regulatory Approval
CLAWSON, MI – April 1, 2025 – McQueen Financial Advisors provided exclusive financial advisory services.
We are excited to officially welcome the Alabama Law Enforcement Credit Union Members into the family of Jefferson Credit Union as of 11/03/2025.
Originally founded in 1939, ALLECU has proudly served Alabama’s law enforcement community for over 86 years. That’s a legacy that Jefferson Credit Union will continue to support. With this merger, ALLECU’s 1,750 members will benefit from additional financial products, and access to JCU’s broader branch and ATM service network. Jefferson Credit Union members will gain the convenience of an additional branch location, further solidifying JCU’s commitment to serving the community, since 1928.
About Jefferson Credit Union
Jefferson Credit Union, organized in 1928, is the longest running credit union in Alabama. This member-focused financial is institution dedicated to providing exceptional banking services to individuals and families across Alabama. With a commitment to community, convenience, and innovation, JCU continues to grow while maintaining the personal service its members value.
About ALLECU
Alabama Law Enforcement Credit Union was founded in 1939 to serve the financial needs of Alabama’s law enforcement professionals and their families. With a strong tradition of trust, personalized service, and community support, ALLECU has provided financial stability and resources for generations.
About McQueen Financial Advisors
McQueen Financial is a nationwide financial advisory firm serving financial institutions since 1999. McQueen advises on ~25% of all Credit Union / Credit Union Mergers nationwide, annually.
Transaction Leads
Dan Martin
Director of Transaction Advisory & Valuation
Noah Erxleben
Associate