Chamber Holds Ribbon-Cutting for Alabama ONE Credit Union in Centre

The official Cherokee County Chamber of Commerce ribbon-cutting ceremony was held Thursday for Alabama ONE Credit Union – ushering in an entirely new way to do banking better locally.

Following the ribbon-cutting, WEIS Radio spoke with Whitney Oswalt, Chief Financial Officer, about the company’s background:

Oswalt also pointed out that residents will see a very familiar face at Alabama One, a Cherokee County High School All-State Fullback, who graduated in 1987:

See Martin or any of the other staff members for anything you need to know about an incredible array of banking options and services, all designed with YOU in mind:

Both current and new members will enjoy the many benefits of the greatly enhanced, modern branch facility, which provides convenient access to an ATM, an Interactive Teller Machine (or ITM), the latest online and mobile banking technology, affordable comprehensive insurance offerings, retirement solutions and the list goes on and on.

Membership is open to anyone who receives service from Cherokee Electric.

Press Release –

Alabama ONE Credit Union has opened a new branch in Centre, Alabama, located at 500 Cedar Bluff Rd, Centre, AL 35960.

With this new branch, Alabama ONE will now have eighteen branches, a 28% increase from fourteen branches in May 2021.

With the opening of the Centre Branch, Alabama ONE continues to expand its footprint across the state. This branch will serve Cherokee County residents as well as employees in local businesses that participate as Special Employee Groups, or SEGs. It will act as a strategic anchor in the northeast corner of the state for business and community involvement.

Current and new Members will enjoy a greatly enhanced, modern branch facility which provides access to an ATM, an Interactive Teller Machine (or ITM), the latest online and mobile banking technology, affordable auto loan and mortgage products, rewards-driven credit cards, comprehensive insurance offerings, retirement and wealth advisory solutions and financial wellness resources.

“Alabama ONE is excited to open this branch in Centre and expand our reach across the state,” said Bill Wells, CEO. “By stretching us geographically, it also stretches us operationally to support and grow a branch in that area while maintaining our high level of member service. This branch is an opportunity to improve how we can serve our members effectively anywhere in the state.”

About Alabama ONE

Alabama ONE Credit Union, based in Tuscaloosa, Alabama, was chartered in 1951 as the TRW Federal Credit Union. Today, Alabama ONE is a $930+ million-dollar, full-service financial institution currently with 18 branches serving more than 73,000 Members throughout Tuscaloosa, Montgomery, Mobile, Jefferson and 18 other counties, as well as the employees, trustees, retirees, family members and members of the 23 Alabama rural electric cooperatives. Alabama ONE is now a statewide franchise reaching 57 of the 67 counties in Alabama. Alabama ONE provides a unique offering of consumer and business-related products, as well as wealth management and an in-house insurance agency. Alabama ONE is dedicated to giving Members the resources they need to build the strong financial future they deserve.

Federally insured by NCUA. Equal Housing Opportunity.

For more information, please visit


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