*Councill Federal Credit Union - Alabama A&M University

Councill Federal Credit Union (CFCU) was formally established on the campus of Alabama A&M University on May 28, 1954, by ten (10) original signers. Each signer purchased one share each at $5.00 per share. The criteria for membership was: to employees of Alabama A&M College, to employees of the Negro public schools and work in Madison County, to employees of the credit union and their immediate families. From these humble but determined beginnings, CFCU has grown to more than 1,500 members with millions in assets. It continues to be a viable part of the Huntsville community.