Community News

The eCO Credit Union Foundation is a 501 (3)(c). The foundation was formed in 2015 to promote financial literacy in the schools and communities served by eCO Credit Union. The goal of the foundation is to prepare people of all ages to make well-informed financial decisions to prepare themselves for a successful future.

The eCO Credit Union Foundation is sponsoring upcoming financial education seminars. With topics ranging from couponing to auto buying, the seminars are designed to provide practical financial solutions. More seminar information can be found at

The eCO Credit Union Foundation is also offering a grant program to provide financial literacy materials in schools and classrooms. Click here to download the eCO Credit Union Foundation Grant Application.

A.L. Bratcher Scholarship Application

The A.L. Bratcher Scholarship is for high school seniors who will be enrolled or plan to be enrolled in an undergraduate course of study during the 2015-2016 Academic school year at an accredited 2- or 4- year college, university, or vocation-technical college in the United States. As the cost of tuition continues to rise, we have increased our scholarship amount from $1,000 to $2,000. 

Scholarship Applications must be submitted by March 16 to be eligible for consideration.


 Change for Children's 2014


Change for Children’s fundraisers gathered at Taziki’s to celebrate a successful campaign.

eCO Credit Union Helps Make Miracles for Children across Alabama
With the help of members, schools, and sponsors, eCO Credit Union raised more than $32,000 for Children’s of Alabama.

  eCO Credit Union is founded on the principle of giving back to educators and the community. Over the last five years, eCO has continued to see its annual fall fundraiser for Children’s of Alabama grow. During the 2014 Change for Children’s fundraiser, eCO employees, members, and the community joined together to raise more than $32,000 for Children’s of Alabama. This brings the total contributions to Children’s of Alabama, through eCO fundraisers, to more than $146,000!

 Schools and local businesses displayed Change for Children’s cans to collect spare change. Bottenfield Middle School, Centerpoint High School, Clay Elementary School, Fultondale High School, Gardendale High School, Greenwood Elementary School, Pleasant Grove Middle School, and Rudd Middle School actively participated in the 2014 fundraiser. 

 “It is exciting to see schools, teachers, and especially, students get excited about supporting such a great cause,” said Melissa Reeves, eCO Marketing Manager. “The students really connect with the idea of raising money for their peers and find creative ways to give back.”

 eCO employees fundraised in branches with Change for Children’s t-shirts and traditional Children’s Miracle Network balloon sales. The employees’ excitement about raising money to support Children’s of Alabama helps drive fundraising efforts, and eCO members have continually proved their generosity and willingness to give back to the community. Vendors, friends, and family were also invited to donate through a donor drive website. 

 “The continual growth of eCO’s Change for Children’s fundraiser displays our deep commitment to improving the community we serve,” said eCO CEO, Joey Hand. “Children’s of Alabama is a vital part of our city and state, and we are proud to support them.” 

 On October 20, Taziki’s hosted a celebration for fundraisers. The top fundraisers and teams were honored, and the funds raised were presented to Children’s of Alabama.

eCO is thankful for the support of the following business during the 2014 Change for Children's Fundraiser:


Alabama Law Enforcement CU
Alabama Lock & Key
Alabaster Pediatric
Angel & Lee Inc.
Anthony Underwood Automotive
Birmingham Beverage
Chubbs Grub Station
Corporate America CU
CU Marketing Inc.

Fireman's CU
General Employee's CU
Grimmer Realty
The Key Law Firm
Newk's Eatery
Overtime Bar
Print Resources
Realsource LLC

Reno Refractories
Southeast Auction Company
Southern Copper and Supply
State National Insurance
Vining Sparks
Wilson Machine and Welding


FORWARD Promotion


Congratulations to the winners of the 2014 FORWARD Promotion, Carrie and Gabrielle Sigers. Carrie referred her granddaughter, Gabrielle to open up an account at eCO, and they were randomly selected in the promotional drawing. They each received $250!

Spring Mortgage Promotion

Congratulations to Jeffrey Vick. Jeffrey was the winner of eCO's Spring Mortgage Promotion. He refinanced his mortgage to a low-rate eCO Mortgage and was randomly selected to receive a $250 gift card.

eCO Savings Race, Second Edition

The Dodds display their $10,000 grand prize alongside their eCO Savings Race coaches.

eCO Credit Union partners with CBS 42 to help three families find a place of financial peace.
Through the Second Edition of the eCO Savings Race, participants improved their financial pictures by more than $75,000.

Since September, eCO has worked with three families—the Dodds, the Morgans, and the Voudries—to improve their financial pictures through the eCO Savings Race. During the eCO Savings Race, participants met with eCO Coaches, completed Dave Ramsey’s Financial Peace University, attended eCO Savings Race University courses, and documented their progress with blog posts. CBS 42 also followed the progress of the teams, allowing the community to participate and learn practical ways to improve their finances too.

The participants worked very hard to set and meet goals throughout the Race. From packing lunches to working side jobs, participants learned small changes can lead to big gains. On May 1, the Second Edition of the eCO Savings Race came to a close when the winner was announced live on CBS 42. After a close race, the Dodds were selected as the winners of the eCO Savings Race and recipient of $10,000! The other participants didn’t walk away empty handed. Along with an improved financial picture, each participant also received $2,000 to honor their efforts throughout the eCO Savings Race. In total, Savings Race participants improved their financial pictures by more than $75,000—bringing the financial picture improvement from the past two Savings Races to almost $120,000!

“The Race has been our miracle,” said the Dodds. “It has blessed our family tremendously. The Race has changed our outlook on our future and changed our family tree. We are now able to dream things we never thought possible before the eCO Savings Race.”

“As an educator’s credit union, the eCO Savings Race clearly displays our mission,” said eCO CEO, Joey Hand. “We even go a step farther than providing financial education; we also walk alongside members as they work to improve their financial situations.

Starting May 5, eCO Credit Union will be accepting applications for families or individuals interested in participating in the Third Edition of the eCO Savings Race. Applications for the Third Edition of the eCO Savings Race are available in all eCO branches and at

2014-2015 A.L. Bratcher Scholarship

eCO Credit Union awards two local students with the 4th Annual eCO A.L. Bratcher Scholarship.
Lita Waggoner of the Alabama School of Fine Arts and Eric Kim of Hoover High School each received $1,000 scholarships.

Each year, eCO Credit Union offers the A.L. Bratcher Scholarship in honor of the late Reverend A.L. Bratcher. Reverend A.L. Bratcher played an instrumental role in the credit union movement, founding Canaan Baptist Church Federal Credit Union. To continue recognizing the work and dedication of safe, sound, member-first financial institutions by Reverend Bratcher, eCO awards two $1,000 scholarships.
The scholarship is open to local seniors who plan on enrolling in 2 or 4-year schools for the upcoming academic school year. After receiving a large number of scholarship applications during the 2014 application period, eCO Credit Union’s A.L. Bratcher Scholarship Committee selected Lita Waggoner and Eric Kim as the 2014-2015 A.L. Bratcher Scholarship recipients. 

Lita Waggoner is a senior at the Alabama School of Fine Arts. From serving as the Senior Class president to actively participating in Girl Scouts of North-Central Alabama, Lita excels in extracurricular activities. While balancing extracurricular activities and community involvement, Lita also maintains an excellent 4.35 GPA. Lita plans to attend the University of Alabama in the fall. Eric Kim will be graduating from Hoover High School in May. Currently, he has an impressive 4.6 GPA. Eric also has a very well-rounded Resume filled with extracurricular activities. Some of the activities include: President of the Spanish Club, Captain of the Lincoln Douglas Debate Team, and a Member of the Hoover High Math Team. Eric plans to attend the University of Alabama at Birmingham. Both recipients were honored at a luncheon at The Club on April 16th.



Access eCO's 2014 Annual Report