APCO Employees Credit Union is proud to announce its official rebrand as Southern Energy Credit Union, marking a significant milestone in its 70-year history of serving members with personalized service, trusted solutions, and a commitment to financial success.
This transformation follows the successful mergers with Powerco Federal Credit Union and Mutual Savings Credit Union, which took effect over the last two years, expanding the credit union’s footprint across Alabama, Georgia, and Mississippi. The new name reflects this growth while reinforcing its dedication to powering the financial success of Southern Company employees, retirees, and their families.
“We have been proud to serve our members as APCO Employees Credit Union for the last 70 years,” explained Derrick Ragland, Southern Energy Credit Union President and CEO. “Following the recent mergers, we were presented an opportunity for our brand to better reflect our new collective membership and credit union team. Our commitment to members, especially those from long-time partners, is stronger than ever, and we wanted an identity that fully represented that continued commitment,” continued Ragland. “As we move forward into our next 70 years, we look forward to a bright future ahead serving members as Southern Energy Credit Union.”
Honoring the Past, Embracing the Future
Since its founding in 1953, APCO Employees Credit Union has remained steadfast in its mission to help members achieve their financial goals. Originally formed from the merger of three credit unions serving Alabama Power employees, the institution has grown into Alabama’s largest state-chartered credit union, with over $3 billion in assets.
“While the name and look have evolved, the updated brand was intentionally designed to feel familiar,” said Southern Energy Credit Union Marketing Manager, Claire Connolly. “From the name selection to the new colors and logo, our goal was for the rebrand to celebrate our recent growth and resonate with members who have been with us since our beginning, and those who are just getting to know us.”
What This Means for Members
Members can look forward to the same trusted, personalized service from the dedicated staff at their local branches, with the added benefit of expanded access to more locations and resources. All existing branch locations will remain open, and members will continue to be served by friendly staff they know. Southern Energy Credit Union remains committed to delivering industry-leading savings rates, competitive loan options, and lower fees than traditional banks—all while continuing to operate as a not-for-profit, member-owned institution dedicated to empowering financial success.
For more information, visit our Rebrand Information Center.
About Southern Energy Credit Union
Southern Energy Credit Union, formerly known as APCO Employees Credit Union, is a not-for-profit, full-service financial institution dedicated to serving employees, retirees, and families of Southern Company and its affiliates. With a beginning dating back to 1953 and a footprint across Alabama, Georgia, and Mississippi, Southern Energy Credit Union is committed to offering competitive financial products, industry-leading savings rates, and personalized service to empower its members’ financial success. We proudly serve over 90,000 members through 29 Credit Union branches, our Digital Banking platform, and through more than 5,000 Credit Union Service Centers located throughout the nation. Visit southernenergycu.org to learn more
Media Inquiries: Submit your inquiry information via our contact form here and we will follow up.
You are about to navigate away from our site.
