Allied Federal Credit Union

What Allied Federal Credit Union does

Allied Federal Credit Union is a federally chartered, member-owned cooperative credit union operating under NCUA regulation since 1965, serving individuals and small businesses in Arlington, Mansfield, Pantego, and Dalworthington Gardens, Texas. Originally chartered as Arlington Federal Credit Union by city employees, the institution converted to a community charter in 1998 and rebranded as Allied Federal Credit Union in 2014 to reflect its expanded geographic footprint. Membership is open to residents, workers, worshippers, and students in the four-city service area plus immediate family members of existing members, with a $25 minimum share opening deposit.

The credit union operates a full-service retail banking platform spanning deposit products (checking, savings, money market, IRAs, share certificates, youth savings), consumer and secured lending (auto, home equity, personal, RV/motorcycle/boat, student loans via Sallie Mae partnership, share/certificate-secured, credit builder), and credit cards. Distribution is hybrid: three physical branches (Green Oaks HQ, Sanford, and Mansfield) paired with the CO-OP ATM Network (30,000+ surcharge-free ATMs), a Softek-powered mobile banking app on iOS and Android with biometric authentication and mobile deposit, online banking via Financialhost, and mobile wallet support across Apple Pay, Google Pay, and Samsung Pay. Differentiated product features include FlexDrive balloon auto loans (30-45% lower monthly payments via Auto Financial Group platform), YES Check pre-approved dealer financing, prize-linked Save to Win certificates, RoundUp automatic savings, and Star Savers youth accounts at 5.01% APY.

Revenue is generated primarily through net interest income on the loan portfolio, supplemented by loan protection product fees (GAP, MCP, VSC, Omni Protect+), account service fees, and referral/overage compensation from integrated partners (TruStage Insurance, Sallie Mae, Enterprise Car Sales, DreamPoints, ScoreCard). As a cooperative, earnings are structurally returned to members through competitive deposit rates and lower loan rates rather than distributed to external shareholders. The institution holds Bauer Financial's 5-Star Superior rating (2026) and is NCUA-insured to $250,000 per depositor.

Name

Allied Federal Credit Union

Legal name

Allied Federal Credit Union

Website

https://alliedfcu.com

Company type

Private

Founded year

1965

Operating status

Operating

Headcount range

11–50 employees

Short description

Allied Federal Credit Union is a member-owned cooperative credit union chartered in 1965, serving residents of Arlington, Mansfield, Pantego, and Dalworthington Gardens, Texas, with deposit accounts, consumer lending, credit cards, and digital banking services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Credit Unions (52213), Credit Unions (522130)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industry

Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Retail banking services
• Consumer lending
• Community banking
• Deposit accounts
• Loan products

Headquarters

HQ city

Cookeville

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Others

Revenue model

1. Interest Income: Primary revenue stream from interest charged on loans including auto loans, home equity loans, personal loans, credit cards, and recreational vehicle loans. Credit unions return earnings to members through lower loan rates and higher savings dividends.
2. Loan Origination Fees: Fees associated with loan products including rate discounts for GAP, MCP, VSC, and other protection products.
3. Service Fees: Various account service fees including overdraft fees, ATM fees, wire transfer fees, check printing, and account research fees.
4. Account Fees: Monthly maintenance fees for checking accounts, money market accounts, and certificate accounts with various fee waivers based on balance or direct deposit.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Allied Federal Credit Union is a member-owned cooperative credit union providing personal and small business banking services to residents of Arlington, Mansfield, Pantego, and Dalworthington Gardens, Texas. It offers deposit accounts (checking, savings, money market, IRAs, share certificates), consumer and vehicle lending (auto, home equity, personal, recreational vehicle, student, and credit-builder loans), Visa credit and debit cards, loan protection products, insurance referrals, and digital banking through an online platform and mobile app.

Product overview

Allied Federal Credit Union operates as a community credit union offering a comprehensive suite of financial products and digital banking services. The product portfolio centers on core deposit accounts (Checking, Savings, Money Market, IRAs, Share Certificates), a full range of lending products (Auto Loans, Home Equity Loans, Personal Loans, Recreational Vehicle Loans, Student Loans via Sallie Mae, and secured loan variants), credit cards (Visa Debit and Credit Cards with bundled rewards programs), and loan protection add-ons (GAP, MCP, Extended Service Contracts, Omni Protect+). Digital banking is delivered through Online Banking and a Mobile Banking App for iPhone and Android, complemented by Mobile Wallet support for Apple Pay, Google Pay, and Samsung Pay. Distinctive offerings include FlexDrive Loans (a balloon-style auto loan with lower monthly payments), the Save to Win prize-linked savings certificate, the RoundUp automatic savings program, Youth Savings/Star Savers accounts for minors, and the TruStage Insurance partnership. The credit union's digital ecosystem also includes financial planning tools (calculators, budget planners), Early Direct Deposit, Mobile Deposit, Bill Pay, and eStatements. The overall architecture is a platform-plus-add-ons model: the core deposit and lending products form the foundation, supported by digital banking infrastructure, with bundled and add-on modules (rewards, protection, insurance, calculators) extending functionality.

Differentiator

Problem solved

Functional benefit

Products and services

• Rewards Checking Checking account earning 3.05% APY on balances up to $10,000 when the member completes at least 15 signature-based debit card transactions and maintains a direct deposit of $100 or more each month.
• All-Star Checking Standard checking account with free Visa debit card, +Points rewards, RoundUp savings, early direct deposit, overdraft services, and fee-free access to the CO-OP ATM Network.
• Business Checking Business-oriented checking account with no minimum transactions or per-item charges and a $1,000 minimum daily balance requirement to avoid the monthly service fee.
• Savings Account Primary share savings account serving as the foundational membership account, requiring a $25 minimum opening deposit and federally insured up to $250,000 by the NCUA.
• Money Market Account Tiered savings account offering higher interest rates than regular savings, requiring a $2,000 minimum opening balance to earn the full rate, with penalty-free access to funds.
• Youth Savings / Star Savers Savings account for minors under 18 earning 5.01% APY on balances up to $500, with a $5 minimum opening deposit and prize incentives for reaching savings goals.
• Share Certificates Term deposit accounts with terms from 6 to 60 months, requiring a $500 minimum balance, offering fixed dividend rates from 1.76% to 2.89% APY and automatic renewal at maturity.
• Save to Win Prize-linked savings certificate that combines traditional certificate security with monthly and quarterly cash prize drawings up to $5,000, with entries earned per $25 deposited.
• IRA Accounts Individual Retirement Accounts available in Traditional, Roth, and Education (Coverdell ESA) variants, offered as both IRA Savings and IRA Certificate products.
• Auto Loans Vehicle financing for new and used automobiles with rates starting at 3.99% APR, up to 100% financing for qualified borrowers, terms up to 84 months, and up to 90 days without payments.
• FlexDrive Loans Balloon-style auto loan that enables lower monthly payments (30-45% less than conventional loans) while the member retains vehicle ownership, with a final balloon payment at maturity and flexibility to walk away, refinance, sell, or trade in.
• Home Equity Loans Fixed-rate home equity loans allowing members to borrow against their home equity in lump sums, with amounts starting at $10,000, terms from 5 to 15 years, and borrowing up to 80% of home value at rates from 4.99% APR.
• Personal Loans Fixed-rate loans for personal expenses such as home improvements, medical bills, debt consolidation, or major purchases, offering competitive rates and predictable monthly payments.
• Personal Line of Credit Revolving credit line providing flexible access to funds up to an approved limit, with credit available again as the balance is paid down, that can also serve as overdraft protection.
• Recreational Vehicle Loans Financing for motorcycles, boats, RVs, motorhomes, travel trailers, ATVs, snowmobiles, and other outdoor recreation equipment with competitive rates and flexible terms.
• Share Secured Loans Loans secured by funds in a member's savings account, where the savings remain on deposit earning dividends while serving as collateral, resulting in lower interest rates.
• Credit Builder Loans $1,000 loan program designed to help members build or rebuild credit, where loan proceeds are deposited into a savings account serving as collateral and positive payment history is reported to all three credit bureaus.
• Student Loans Student loan products offered through a partnership with Sallie Mae, including Smart Option Student Loans for undergraduates, Graduate Student Loans for MBA/Medical/Dental/Law programs, and Private Student Loans with no origination fees or prepayment penalties.
• Visa Credit Card Credit card offered in Classic and Share Secured variants, featuring rates as low as 9.90% APR, no annual fees, ScoreCard Rewards earning 1 point per $1 spent, and access through online and mobile banking.
• Visa Debit Card AlliedFCU Visa-branded debit card accepted worldwide, with free ATM access at AlliedFCU and CO-OP network ATMs, Mobile Wallet and Tap to Pay enabled, and +Points rewards on every purchase.
• TruStage Insurance Insurance products offered through partnership with TruStage Insurance Agency, including life, homeowners, renters, auto, accidental death and dismemberment, and funeral coverage at discounted rates for credit union members.
• Loan Protection Products

Quantifiable outcome

• 5-Star Superior rating from Bauer Financial - highest honor for capital adequacy, profitability, asset quality, and overall financial performance
• +4 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature6 records

Partnerships

Eight partnerships are on record, tiered core and supporting.

• TruStage Insurance Agency, LLCcoreGTM or Marketing PartnerInsurance partner offering TruStage Auto & Home Insurance Program to members with discounted rates, easy online services, and 24/7 claims support. AlliedFCU receives marketing compensation for referrals.
• Sallie MaecoreGTM or Marketing PartnerStudent loan partnership providing Smart Option Student Loans for undergraduates, Graduate Student Loans (MBA, Medical, Dental, Law), and Private Student Loans. AlliedFCU receives referral compensation; Sallie Mae Bank is the actual creditor.
• Enterprise Car SalessupportingGTM or Marketing PartnerQuality used vehicles from Enterprise's rental fleet with detailed history reports available. AlliedFCU members can browse and purchase vehicles through special portal.
• CO-OP ATM NetworkcoreChannel Partner/ Reseller/ DistributorProvides surcharge-free access to 30,000+ ATMs nationwide including 5,500 7-Eleven locations. Enables AlliedFCU members to access their money fee-free across the country.
• AutoLink.iosupportingTechnology or IntegrationVehicle search tool integrated into AlliedFCU website enabling members to search for new and used vehicles by type, make, and model.
• Auto Financial GroupsupportingTechnology or IntegrationProvides FlexDrive loan platform enabling balloon financing structure. Powers the FlexDrive quote and vehicle search functionality.
• Repay.iosupportingTechnology or IntegrationOnline payment portal (alliedfcu.repay.io) enabling members to make loan payments with debit card or ACH from other institutions.
• DocuSignsupportingTechnology or IntegrationElectronic signature platform used for recurring payment authorizations and other loan documents requiring member signatures.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Randolph-Brooks Federal Credit Union: One of the largest credit unions in Texas serving a community/multi-county charter, offering the same full deposit and lending product set as AlliedFCU (auto loans, mortgages, digital banking). Comparable as a peer because it directly competes for similar consumer/small-business relationships, though at substantially greater scale.
• First Light Federal Credit Union: Texas-based community credit union offering personal banking, auto lending, mortgages, and digital services to members across West Texas. Direct peer based on overlapping community-charter business model and product mix (auto/home/personal lending plus deposits).
• Texans Credit Union: DFW-metro community-charter credit union headquartered in Richardson, TX, offering personal/small-business banking, lending, and digital channels. Strong direct peer for AlliedFCU given overlapping Texas community-charter structure, similar product set, and shared DFW competitive geography.
• Security Service Federal Credit Union: Large Texas-headquartered federal credit union with broad community and SEG membership, offering deposits, consumer lending, and auto loans. Peer because of shared Texas footprint, federal charter, and overlap with AlliedFCU's auto/deposit/lending focus.
• Texas Trust Credit Union: DFW-area community credit union serving Mansfield, Arlington, and surrounding communities with personal/business banking and consumer lending. Highly comparable—same Metroplex geography, overlapping community membership, and similar competitive set.
• University Federal Credit Union (UFCU): Texas-based community/multi-affinity credit union providing full consumer and small-business banking. Comparable as a peer for its community-charter-like membership model (educational + community) and product breadth analogous to AlliedFCU.

Broad incumbents

• Pentagon Federal Credit Union: One of the largest U.S. federal credit unions offering nationwide consumer banking, auto, mortgages, and credit cards. Broader incumbent peer because it competes directly on auto loans and rewards checking products but operates at much larger scale and broader (national) membership than AlliedFCU.
• Navy Federal Credit Union: The largest U.S. credit union with a national membership base and comprehensive deposit/lending/credit-card franchise. Broad incumbent peer competing for auto loans and high-yield deposit share, even though it serves an affinity (military) rather than a community charter.
• Wells Fargo (DFW Retail): Mega-bank with deep DFW retail footprint competing head-on for AlliedFCU's consumer deposit, auto, and home-equity relationships. Broad incumbent because it offers overlapping capabilities as part of a much larger national portfolio rather than specializing in AlliedFCU's community-cooperative niche.
• JPMorgan Chase (DFW Retail): Largest U.S. retail bank, with extensive Arlington/Dallas branch and digital presence, competing across deposits, credit cards, and home lending. Broad incumbent peer due to overlapping consumer-banking product set and same competitive geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/alliedfcu
• Facebookfacebook.com/alliedfcu
• LinkedInlinkedin.com/company/allied-federal-credit-union
• Instagraminstagram.com/allied_fcu
• TikToktiktok.com/@allied_fcu

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Allied Federal Credit Union