AOD Federal Credit Union

What AOD Federal Credit Union does

AOD Federal Credit Union is a federally chartered, member-owned credit cooperative founded in 1950 with 45 charter members to serve the Anniston Army Depot workforce in Alabama. Today it operates six physical branches and seven ATMs across Calhoun County and adjacent East Alabama markets (Bynum, Anniston, Jacksonville, Lenlock, Oxford, Pell City), supplemented by access to over 5,000 shared branching locations nationwide and 70+ in Alabama through the CO-OP Credit Union Network. Membership reaches beyond the founding Select Employer Group footprint to small businesses, homebuyers, retirees, and K-12 youth through a combined community-led and direct-to-consumer acquisition model anchored on SEG partnerships and a school-based branch inside Anniston High School.

The credit union's product portfolio spans core retail banking (checking, savings, share certificates, IRAs), consumer and commercial lending (auto, mortgage, HELOC, recreational vehicle, signature, business), and VISA-based credit cards (Platinum, Share-Secured Platinum, Signature), delivered through the eLink Digital Banking Suite with 24/7 web, iOS/Android mobile, SMS, and voice banking channels. Specialized capabilities include SBA qualified lending, a Nu Direction small-business lending partnership, TruStage/One Digital Trust digital estate-planning subscription ($199 initial, $36 annual), CUNA Mutual-based insurance products, and a 20+ dealer on-the-lot auto financing program.

Economically, AODFCU operates as a not-for-profit cooperative; revenue is derived primarily from interest income on a diversified loan portfolio (auto loans from 4.65% APR, mortgages, HELOC, credit cards from 7.20% APR) and secondary transaction-fee streams (NSF $30, stop payment $25, wire transfers $15-$40). Member economics are differentiated versus for-profit incumbents via NCUA plus Excess Share Insurance (up to $500,000 in coverage), no-minimum-balance checking on most accounts, and active certificate and money-market pricing (3.50% APY at higher tiers). The credit union is regulated by NCUA, holds NMLS# 519897 for mortgage origination, and reinvests community focus through donations, scholarships ($31,000 in 2025-2026), and youth financial literacy programming.

Name

AOD Federal Credit Union

Legal name

AOD Federal Credit Union

Website

https://aodfcu.com

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

101–250 employees

Short description

AOD Federal Credit Union is a federally chartered, member-owned credit cooperative founded in 1950, serving consumers, small businesses, and SEG employer groups across East Alabama with deposit products, consumer and commercial lending, mortgages, and digital banking delivered through six branches and the CO-OP shared branch network.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Employer/Occupational Credit Unions (FSABAEAB)

akta.pro secondary industry

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

Keywords

• Retail banking services
• Consumer lending
• Mortgage loans
• Savings accounts
• Business banking

Headquarters

HQ city

Bynum

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from diversified loan portfolio including auto loans, mortgage loans, home equity lines of credit, recreational vehicle loans, personal/signature loans, construction loans, and business loans. Interest rates vary by product type, term, and creditworthiness with APR ranges from 2.04% for new auto loans to 27.99% for EZ Cash loans.
2. Fee Income: Various service fees including overdraft/NSF fees ($30), stop payment fees ($25), official check fees ($2), wire transfer fees ($15-$40), ATM fees for foreign transactions after 4 free per month, dormant account fees, and account research fees. Fee structure provides secondary revenue stream alongside interest income.
3. Credit Card Fees: Revenue from credit card products including VISA Platinum, Share Secured VISA Platinum, and Signature VISA cards. Income derived from interest charges on balances, cash advance fees, late payment fees, and interchange fees.
4. Share Draft/Checking Account Fees: Monthly service fees on certain checking accounts (e.g., Blue Ribbon Checking $5/month), check printing fees, and counter check fees. Many checking accounts offered with no minimum balance or monthly fees.
5. Certificate and Savings Account Income: Dividend payments to members on share accounts, money market accounts, IRAs, and share certificates. As a not-for-profit credit union, interest rate spreads between loan rates offered and savings rates paid represent core economics.

Pricing tiers

Go-to-market motion2 records

Distribution channels9 records

Marketing channels9 records

Core offering

AOD Federal Credit Union is a federally insured, not-for-profit, member-owned credit union offering deposit accounts (checking, savings, IRAs), consumer loans (auto, RV, mortgage, HELOC, construction, signature), credit cards, insurance products, and digital banking services to its membership. It also provides dedicated business banking products and services for small business owner-members, supported by branch, online, and mobile channels.

Product overview

AOD Federal Credit Union operates as a single-institution credit union offering a comprehensive suite of financial products and services centered around its eLink Digital Banking Suite platform. The core product portfolio includes checking accounts (Kasasa, teen, senior, and interest-bearing options), savings accounts (Primary Share, Kids Club, Christmas Club), share certificates, and IRA accounts. Lending products span auto loans, recreational vehicle loans, mortgage loans (including construction and home equity products), signature loans, and business loans. The credit union also offers VISA credit cards, various insurance products, shared branching through the CO-OP Network, and specialized programs like the Digital Estate Planning Kit (via TruStage partnership), Report Card Rewards for youth members, and scholarship programs. All products are accessible through online, mobile, and branch channels, with member service supported by six physical branch locations in Alabama.

Differentiator

Problem solved

Functional benefit

Products and services

• Checking Accounts
• Savings Accounts
• IRA Accounts
• Auto Loans
• RV Loans
• Mortgage Loans
• Home Equity Lines of Credit (HELOC)
• Construction Loans
• Signature Loans
• Credit Cards
• Business Checking
• Business Savings
• Business Loans
• Insurance Products
• Digital Banking

Quantifiable outcome

• Lower loan rates - Auto loans as low as 4.65% APR vs. industry averages of 7-10% APR
• +4 more outcomes

Named customers19 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature4 records

Partnerships

Three partnerships are on record, tiered core.

• Nu Direction LendingcoreStrategic or Co-development PartnerPartnership with Nu Direction Lending, a specialty small business lender owned and funded by credit unions and tailored to serve the needs of their business members. This partnership extends AODFCU's small business lending capabilities through a credit union-owned lending platform.
• Co-op Credit Union Network / CU Service CenterscoreChannel Partner/ Reseller/ DistributorShared branching network partnership providing access to over 5,000 branch locations nationwide and 70+ locations in Alabama. Six stand-alone Service Center locations offer extended hours (Mon-Fri 9AM-7PM, Sat 9AM-5PM). Members can conduct full-service transactions at any network location using their AODFCU account.
• Participating Auto Dealers (20+ dealers)coreChannel Partner/ Reseller/ DistributorOver 20 participating auto dealers throughout Alabama including Alexander Ford, Benton Nissan, Buster Miles Chevrolet/Ford, Cooper Chevrolet/Hyundai, Sunny King Honda/Toyota, and others. These dealers participate in the Ready to Roll on-the-lot financing program allowing members to process auto loans directly at dealerships.

Scale indicators6 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Redstone Federal Credit Union: Huntsville, Alabama-based federally chartered credit union originally serving the Redstone Arsenal defense community — the most structurally comparable peer, with employer/SEG charter, similar product suite, and overlapping military-affiliated member base in Alabama.
• Listerhill Credit Union: Sheffield, Alabama-based community credit union with comparable size, branch footprint, and full-service deposit, lending, and business banking offerings serving a similar Alabama member demographic.
• Alabama Credit Union: Tuscaloosa, Alabama-based community credit union offering a similar full-service product mix (deposits, auto loans, mortgages, business banking) to members across West and Central Alabama.
• Infirmary Federal Credit Union: Mobile, Alabama-based federally chartered credit union serving healthcare and employer groups in Alabama — comparable in charter structure, scale, and product breadth to AODFCU.
• Alliant Credit Union: Chicago-based federally chartered credit union serving employer groups and select associations with a digital-first product mix — comparable SEG-based charter model with stronger digital execution, useful for benchmarking technology and member acquisition.
• SchoolsFirst Federal Credit Union: Large California-based employer-affiliated federal credit union serving school employees — comparable SEG-based membership model and full-service product suite, but at substantially greater scale.

Broad incumbents

• Navy Federal Credit Union: The largest U.S. credit union, serving active-duty military, veterans, and DoD-affiliated civilians — directly comparable employer/SEG defense-affiliated membership model to AODFCU's Anniston Army Depot base, but with massive scale and national digital infrastructure.
• PenFed Credit Union: Large federally chartered credit union serving military, defense, and federal employee communities nationwide — comparable defense-affiliated membership charter but at materially larger scale and broader geographic reach.
• Regions Bank: Birmingham, Alabama-headquartered regional bank with deep branch penetration across the same East Alabama geography — the dominant incumbent competitor for deposits, mortgages, and small business banking in AODFCU's footprint.

Regional players

• ServisFirst Bancshares: Alabama-headquartered commercial bank with a strong Birmingham / East Alabama presence focused on business and commercial banking — relevant regional competitor for AODFCU's growing business lending vertical.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/aodfcu
• Instagraminstagram.com/aodfcu
• Xx.com/aodfcu50

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

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 AOD Federal Credit Union