AlaTrust Credit Union began helping educators and their families with their financial needs in 1935. What began as Birmingham Credit Union in 1935 to serve the employees of the Birmingham Board of Education, later changed to First Educators Credit Union in 1994 to represent its service to educators and their families throughout the state of Alabama. After serving the education industry for over 70 years, the credit union expanded their field of membership to include Shelby, Jefferson, Talladega, Walker, and Calhoun County. Now anyone who lives, works, worships or attends school in those counties are eligible for membership. To reflect this expanded service, the credit union name was changed to AlaTrust Credit Union in March of 2014.
At AlaTrust, we work with you to build on the things that are truly important in life … your financial future. We are not just another credit union; we are your financial partner. We strive to offer you the most affordable rates, convenient terms and the most competitive financial services and products. At the credit union, we take great pride in our member/employee relationship. We want you to be completely satisfied with the service that you receive at AlaTrust Credit Union and will continue to strive to make each member happy. Our philosophy is to focus on one member at a time as our members are at the heart of all we do.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154