CDC Federal Credit Union

What CDC Federal Credit Union does

CDC Federal Credit Union is a federally chartered, member-owned financial cooperative headquartered at 2301 Parklake Drive, Atlanta, Georgia, founded on March 1, 1949 by employees of the Centers for Disease Control and Prevention. The institution operates under NCUA supervision with federal deposit insurance up to $250,000, reporting over $435 million in assets and serving more than 23,000 members. Its membership has expanded from the original CDC employee base to include employees of approximately 100 Select Employee Groups (including Children's Healthcare of Atlanta, American Cancer Society, and Whole Foods) and residents or workers in portions of DeKalb, Fulton, or Gwinnett Counties in the Atlanta metro area.

The credit union delivers a full-service retail banking platform built on a core deposit and lending franchise, supported by a digital banking architecture spanning an online platform (YourCUAnywhere), a branded mobile application on iOS and Android, and standard integrations including Zelle for peer-to-peer payments, CardValet for debit card controls, Apple Pay, Google Wallet, and Samsung Wallet. The product portfolio includes four checking account tiers (Simply, Choice, Student, Vintage), savings products (Primary, Next Generation youth accounts at 3.56% APY, Money Market, Certificates up to 4.59% APY, IRAs, Christmas Club), a lending suite covering auto loans (as low as 2.50% APR), personal loans (as low as 8.95% APR), mortgages and HELOCs, and a credit card portfolio issued through Elan Financial Services under Visa and Mastercard licenses. Four physical branches anchor distribution, including two on CDC campuses, complemented by access to CO-OP, Allpoint, Cirrus, Accel, and Plus ATM networks.

Revenue is generated primarily through net interest spread on loans and deposits, supplemented by transaction-based fees (overdraft at $35 per transaction, Skip-a-Payment at $20 per deferral, Choice Checking and Money Market monthly fees when balance thresholds are not met), and referral income from integrated third-party partnerships spanning investment advisory (LPL Financial), insurance (TruStage), financial wellness counseling (GreenPath), estate planning (Trust & Will), identity protection (IDShield), and legal services (LegalShield). Distribution combines direct member channels (branches, phone at 800-245-9655, online, mobile), employer-based Select Employee Group partnerships for workplace enrollment, a member referral program paying $50 per new member and $100 per mortgage referral, and community outreach including free financial workshops and charitable giving aligned with the health and life sciences community.

Name

CDC Federal Credit Union

Legal name

CDC Federal Credit Union

Website

https://cdcfcu.com

Company type

Private

Founded year

1949

Operating status

Operating

Headcount range

51–100 employees

Short description

CDC Federal Credit Union is a federally chartered, member-owned cooperative credit union founded in 1949, headquartered in Atlanta, Georgia, serving over 23,000 members with $435 million in assets through full-service retail banking for the health and life sciences community.

Ownership category

akta.pro rank

Product category

Retail Banking (Credit Union)

NAICS

Credit Unions (52213)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

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

Keywords

• Retail banking services
• Consumer lending
• Mortgage loans
• Credit union services
• Deposit accounts

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from auto loans, personal loans, mortgages, home equity lines, and credit cards. Offers competitive rates with relationship discounts for members with active checking accounts, debit cards, direct deposit, and automatic debit.
2. Deposit Account Fees and Interest Spread: Fees on certain accounts (e.g., $15/month for Choice Checking if minimum balance not maintained, $15/month for money market if balance drops below $1,000). Revenue generated from interest rate spread between lending and deposit rates.
3. Overdraft and Courtesy Pay Fees: $35 overdraft fee per transaction for Courtesy Pay coverage. $20 fee for Skip-a-Payment program.
4. Investment and Insurance Referral Fees: Referral partnerships with LPL Financial for investment services, TruStage for insurance, generating referral fees. Securities and advisory services offered through LPL Financial.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels7 records

Core offering

CDC Federal Credit Union is a member-owned, not-for-profit financial cooperative offering consumer banking products including checking accounts (Simply, Choice, Student, Vintage), savings accounts (Primary, Money Market, Certificates, Next Generation youth, Christmas Club, IRAs), consumer loans (auto, personal, mortgage, home equity, personal line of credit), credit and debit cards, and digital banking via mobile app and online platform. It also offers wealth management services through partnerships with LPL Financial (investments/retirement) and TruStage (insurance), as well as financial wellness services via GreenPath.

Product overview

CDC Federal Credit Union is a member-owned financial cooperative offering a comprehensive suite of banking products organized around core deposit accounts, lending services, digital banking, and wealth management. The product portfolio centers on checking accounts (Simply, Choice, Student, Vintage), savings accounts (Primary, Next Generation youth accounts, Money Market, Certificates, Christmas Club, IRAs), vehicle and personal loans, mortgages and home equity products, credit cards through Elan Financial Services, and digital banking via mobile app and online platform. Wealth management encompasses investment and retirement services (via LPL Financial), insurance (via TruStage), and debt management counseling (via GreenPath). The credit union also provides member benefits including referral programs, financial workshops, and fraud protection services. The architecture is a unified banking platform with integrated third-party partnerships for specialized financial services.

Differentiator

Problem solved

Functional benefit

Products and services

• Simply Checking
• Choice Checking
• Student Checking
• Vintage Checking
• Primary Savings
• Next Generation Account®
• Money Market
• Certificates of Deposit
• Christmas Club
• Individual Retirement Accounts (IRAs)
• Vehicle (Auto) Loans
• Personal Loans
• Mortgages
• Home Equity Line of Credit (HELOC)
• Personal Line of Credit
• Debit Cards
• Personal Credit Cards
• Business Credit Cards

Quantifiable outcome

• Over $435 million in assets
• +6 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature3 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• LPL FinancialcoreTechnology or IntegrationSecurities and advisory services offered through LPL Financial, a registered broker-dealer (member FINRA/SIPC). CDC Investment & Retirement Solutions provides referrals to LPL financial professionals. Henra Chennault serves as Investment & Retirement Representative.
• TruStagecoreStrategic or Co-development PartnerInsurance products and programs including life insurance, accidental death and dismemberment, auto insurance, and home insurance offered through TruStage Insurance Agency, LLC. Founded on over 80 years of working with credit unions.
• GreenPath Financial WellnesscoreStrategic or Co-development PartnerPartnership with national nonprofit providing personal and family budgeting, credit report education, money management, debt repayment, and bankruptcy/foreclosure avoidance assistance. Members receive access to BudgetSmart and CheckRight tools.
• Trust & WillminorGTM or Marketing PartnerOnline estate planning service offering members 20% off any estate plan with first shipment of documents free. Helps families create wills and trusts in as little as 30 minutes.
• Early Warning Services (Zelle)coreTechnology or IntegrationZelle peer-to-peer payment integration within mobile banking and online banking Bill Pay. Allows members to send and receive money directly from their accounts using email or mobile phone number.
• CO-OP Financial ServicescoreTechnology or IntegrationCO-OP ATM network partnership providing members access to thousands of ATMs nationwide. CDC FCU participates in CO-OP network for ATM-only transactions.
• AllpointcoreTechnology or IntegrationAllpoint ATM network partnership providing members access to extensive ATM network nationwide. CDC FCU members can use Allpoint ATMs without CDC FCU charging fees.
• IDShieldminorGTM or Marketing PartnerIdentity theft protection service offering credit monitoring, consultations, expert restoration, and comprehensive identity monitoring. Members eligible for special pricing.
• LegalShieldminorGTM or Marketing PartnerLegal services provider offering access to attorneys with average of 22 years of experience for will preparation, estate planning, identity theft assistance, and general legal questions. CDC FCU members eligible for special pricing.
• Elan Financial ServicescoreTechnology or IntegrationCredit card program partner providing CDC FCU-branded credit cards including Everyday Rewards+, Max Cash Preferred, Travel Rewards+, Reserve Rewards+, College Real Rewards, and business cards. Issuer of credit cards under Visa license.

Scale indicators4 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Delta Community Credit Union: Atlanta-based credit union with a similar multi-employer/SEGs charter model, broad deposit and lending products, and overlapping member base in metro Atlanta. Directly comparable size and go-to-market.
• Georgia's Own Credit Union: Georgia-headquartered, member-owned cooperative serving defined employer groups and residents across the state. Closely comparable in product breadth (deposits, mortgages, auto, wealth) and community credit-union positioning.
• Associated Credit Union (Emory): Atlanta-area credit union with a healthcare/education-oriented field of membership. Highly comparable SEG-driven model and similar product set including mortgages, auto loans, and digital banking.
• Peach State Federal Credit Union: Georgia-based federal credit union serving select employer groups and residents. Similar size tier, similar deposit and lending product mix, and overlapping Atlanta metro presence.
• SchoolsFirst Federal Credit Union: California-based, SEG-driven (education employees) federal credit union with comprehensive deposit, lending, and wealth products. Comparable as a single-anchor-employer-originated CU that diversified its SEG base over time.

Broad incumbents

• Navy Federal Credit Union: Largest U.S. credit union with a federal charter, SEG-based membership model, and comprehensive deposit, lending, and digital offerings. Demonstrates the upper bound of what a federal credit union at scale can look like.
• Digital Federal Credit Union (DCU): Massachusetts-based federal credit union with national digital reach and a similar breadth of consumer deposit and lending products. Comparable as a federally chartered, multi-SEG credit union operating at significantly larger scale.
• Alliant Credit Union: National, federally chartered credit union with broad field of membership and full suite of consumer banking products. Comparable as a digital-first federally chartered CU serving a diverse member base.
• First Technology Federal Credit Union: Technology-SEG federal credit union with national reach, full digital banking, and similar product breadth. Comparable as a federally chartered, SEG-anchored CU with diversified membership.

Others

• LPL Financial: Registered broker-dealer and CDC FCU's investment & retirement services partner. Relevant as a supplier/ecosystem enabler for the credit union's wealth management offering rather than a competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CDCCreditUnion
• Facebookfacebook.com/CDCFederalCreditUnion

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 CDC Federal Credit Union