Sticking to its formula of building relationships rather than building numbers, Alabama Telco Credit Union credits that model for a strong 2012.

The cooperative in Birmingham, Ala., said it closed last year with $527 million in deposits, $341 million in loan volume and assets in excess of $591 million.

In 2012, Alabama Telco said, it continued to ride the credit union wave started from the 2011 Occupy Wall Street movement and Bank Transfer Day with competitive rates, fees and service. The credit union serves more than 58,000 members.

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