Prichard Federal Credit Union

Prichard AL


Prichard Federal Credit Union, established in 1983, has a primary focus of providing accessible and affordable financial services to the low income population of Prichard, Alabama. Through a variety of loan products and related credit counseling services, it now serves almost 600 members.

CDFI Awards for Prichard Federal Credit Union


SECA (2001) - $50,000

Plans for use of its CDFI $50,000 technical assistance award will help it to become a full service institution through the addition of share drafts (checking accounts) and 24-hour ATM service.



CORE (1998) - $50,000

The CDFI Fund"s $50,000 technical assistance grant will allow PFCU to obtain staff training in mortgage and small business lending, develop and implement a marketing plan, obtain consulting services in product development, and become operationally more self-sufficient.



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