Andrews

What Andrews does

Andrews Federal Credit Union is a federally chartered, member-owned credit cooperative founded in 1948 at Joint Base Andrews, Maryland. It serves more than 130,000 members globally, with a primary customer segment of active-duty military personnel, veterans, and their families, supplemented by civilian members in the Washington D.C. metro area, Maryland, Virginia, New Jersey, and overseas military installations in Germany and Belgium. The institution operates branches at Joint Base Andrews, Joint Base McGuire-Dix-Lakehurst, Upper Marlboro, Fort Washington, Alexandria, USAG Wiesbaden, and USAG Benelux, plus a digital banking platform with mobile applications and 24/7 Interactive Teller Machine (ITM) access at select locations.

The core product suite spans consumer and business banking: deposit products including Kasasa Cash checking (5.25% APY), high-yield savings (3.15% APY), share certificates (up to 3.60% APY), money markets, and IRAs; lending products including new/used auto loans with 90-day payment deferral, mortgages with FHLB first-time homebuyer grants and rate float-down options, home equity, personal loans, and commercial loans; and credit cards including Supreme Rewards Visa Signature, Titanium Rewards Visa Signature, Platinum Rewards Secured, and Visa Business. The technology layer integrates Zelle for peer-to-peer transfers, Wise for international money transfers and IBAN services, Apple Pay/Google Pay/Samsung Pay for contactless payments, and MeridianLink for loan application processing. Value-added services include ID Watchdog identity protection, insurance distribution (auto/home/life/long-term care), and financial calculators. The institution is NCUA-insured and operates under the cooperative governance model with no external shareholders or equity backers.

Revenue is generated primarily through interest income on the loan portfolio (auto, mortgage, personal, commercial), supplemented by credit card transaction and fee income, deposit account fees, service charges, and commissions from investment product distribution. Pricing is member-focused and competitive, with no monthly maintenance fees on Kasasa Cash, no minimum balance requirements on flagship products, and rate-based acquisition offers (such as the 9-month share certificate at 3.75% APY). In May 2026, Andrews Federal completed a merger with HUD Federal Credit Union, extending the branch network and member base; the merger is the most recent material structural change. Leadership is headed by President and CEO Kenneth Orgeron, with COO Damita Robinson, Board Chair Kenneth McKinney, Chief Lending Officer Patricia Campbell, and VP of European Operations Rachel Rust.

Name

Andrews

Legal name

Andrews Federal Credit Union

Website

https://andrewsfcu.org

Company type

Private

Founded year

1948

Operating status

Operating

Headcount range

251–500 employees

Short description

Andrews Federal Credit Union is a federally chartered, member-owned cooperative founded in 1948, serving 130,000+ members — primarily active-duty military, veterans, and their families — through branches across the U.S. Mid-Atlantic and overseas military installations in Germany and Belgium, offering deposit, lending, credit card, and digital banking products.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Card Issuing (522210)

SIC

Savings Institution, Federally Chartered (6035)

akta.pro primary industry

Military & Veterans Credit Unions (FSABAEAI)

akta.pro secondary industry

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

Keywords

• Consumer banking services
• Military credit union
• Deposit accounts and loans
• Business banking solutions
• International money transfers

Headquarters

HQ city

Suitland

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: The primary revenue stream comes from interest earned on various loan products including auto loans, mortgages, personal loans, home equity loans, and business loans. Interest rates vary by product type and member creditworthiness.
2. Credit Card Fees: Revenue from credit card transactions, annual fees, balance transfer fees, and cash advance fees on Visa credit card products.
3. Deposit Account Fees: Various fees associated with deposit accounts including maintenance fees, overdraft fees, and wire transfer fees.
4. Service Charges: Fees for services such as official checks, stop payments, and account research.
5. Investment Product Distribution: Commissions and fees from sale of investment products including IRAs, share certificates, and money market accounts through the Andrews Investment Program.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Andrews Federal Credit Union is a member-owned cooperative financial institution that provides consumer and business banking products to military families and civilian communities. Its core offering spans deposit accounts (checking, savings, share certificates, IRAs), consumer and business loans (auto, mortgage, personal, commercial), credit cards, digital banking, and ancillary services including merchant processing, payroll, insurance, and identity protection.

Product overview

Andrews Federal Credit Union offers a comprehensive financial services platform consisting of consumer and business banking products. The core offering centers on deposit accounts including checking (Kasasa Cash, Kasasa Cash Back), savings (High Yield Savings, Base Share Savings, Kasasa Saver), and investment products (Share Certificates, Money Markets, IRAs, Andrews Investment Program). Loan products span consumer lending (auto loans, personal loans, mortgages, home equity) and business lending (business loans, commercial mortgages, merchant services, payroll services). Credit card offerings include rewards cards (Supreme Rewards Visa Signature, Titanium Rewards Visa Signature), credit-building cards (Platinum Rewards Secured, Supreme Visa), and business cards (Visa Business Credit Card). Digital Banking serves as the access layer, integrating with Zelle, Wise, Apple Pay, Google Pay, and Samsung Pay. The organization also provides insurance products, identity protection (ID Watchdog), and financial calculators for member education.

Differentiator

Problem solved

Functional benefit

Brands

• Kasasa Cash: High-yield checking account earning up to 5.25% APY
• Kasasa Cash Back
• Kasasa Saver
• Andrews Shares Foundation

Products and services

• Kasasa Cash Checking High-yield consumer checking account that earns up to 5.25% APY on balances up to $25,000, with no monthly maintenance fee, no minimum balance, and no minimum deposit. Targeted at individual consumer members.
• Kasasa Cash Back Checking Consumer checking account that earns cash back rewards on everyday debit card purchases as an alternative to interest-bearing accounts.
• High Yield Savings Account Consumer savings account offering 3.15% APY to help members grow funds faster and build wealth.
• Base Share Savings Traditional savings account serving as the base membership account with nominal minimum balance requirements.
• Kasasa Saver Savings account that automatically transfers extra earnings from Kasasa Cash checking into savings each month.
• Share Certificates Certificate accounts with fixed dividend rates for terms from 6 months to 7 years, including a special 9-month certificate at 3.75% APY and One Great Rate option earning up to 3.60% APY.
• Money Markets Investment accounts providing higher dividend rates than traditional savings with flexible access to funds for short-to-medium-term goals.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options to help members save for retirement.
• Andrews Investment Program Wealth management and investment advisory services providing members with financial guidance and investment options through partnership with financial advisors.
• New & Used Auto Loans Vehicle financing for new and pre-owned automobiles with competitive rates and a 90-day payment deferral option for qualified borrowers.
• Refinance Auto Loans Auto loan refinancing to help members lower their interest rates and monthly payments on existing vehicle loans.
• Motorcycle, RV, Boat Loans Specialized recreational vehicle financing for motorcycles, RVs, and boats with flexible term options.
• Personal Loans and Lines of Credit Unsecured personal loans and credit lines for debt consolidation, home improvements, and major purchases with competitive rates.
• Mortgage Loans Home financing solutions including purchase mortgages, refinancing options, and construction loans with competitive rates and personalized guidance.
• First-Time Homebuyer Grant Program

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• HUD Federal Credit UnioncoreStrategic or Co-development Partner · 12 May 2026Completed merger with HUD Federal Credit Union in May 2026, expanding member access to a broader branch network, enhanced digital banking, and continued community-focused financial services.
• Armed Forces Financial Network (AFFN)coreStrategic or Co-development PartnerPartnership providing financial services specifically designed for military personnel, supporting those who serve with tailored banking solutions.
• USOmajorStrategic or Co-development PartnerPartnership with USO for Pack4Troops events supporting military service members, including packing 1,000 snack bags for service members traveling through BWI Airport.
• Shared Branch NetworkmajorChannel Partner/ Reseller/ DistributorMembers can access their accounts and conduct transactions at thousands of shared branch locations nationwide.
• WisemajorTechnology or IntegrationIntegration with Wise for international money transfers and IBAN services, providing fast and secure ways to send money abroad for overseas military members and their families.
• Federal Home Loan Bank (FHLB)majorStrategic or Co-development PartnerProvides first-time homebuyer grant programs through FHLB that can help cover down payments, closing costs, and more for eligible homebuyers.
• Brussels Aid for UkraineminorStrategic or Co-development PartnerEmployee volunteers participate in Ukraine relief efforts through Brussels Aid for Ukraine, unboxing, packing, and loading relief kits.
• Andrews Shares FoundationmajorStrategic or Co-development PartnerCredit union foundation that has donated more than $5,000 worth of supplies including first aid and hygiene items for Ukraine relief efforts.
• Local Community OrganizationsminorStrategic or Co-development PartnerPartnerships with local churches, synagogues, food banks, and schools for community support programs including holiday turkey giveaways and Adopt A Family programs.
• ID WatchdogmajorTechnology or IntegrationProvides identity theft protection services including advanced monitoring, family protection, credit alerts, and up to $5 million in insurance coverage.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Alliant Credit Union: Large digital-first credit union with military-affiliated membership roots and competitive high-yield deposit products. Comparable in deposit-rate competitiveness and digital investment posture.
• Navy Federal Credit Union: Largest U.S. military credit union (13M+ members), serving active duty, retirees, DoD civilians, and their families across all branches. Directly comparable military-focused member base, full-service consumer/mortgage/auto/card offerings, and nationwide digital platform.
• PenFed Credit Union (Pentagon Federal Credit Union): One of the largest U.S. credit unions, originally serving DoD personnel and now open to a broader field of membership. Overlapping military heritage, full suite of consumer lending, mortgages, credit cards, and digital banking.
• USAA Federal Savings Bank: Financial services group exclusively serving military members, veterans, and their families. Closely aligned military-only membership model, full banking, insurance, and investment offerings, and strong digital brand.
• Service Credit Union: Member-owned credit union serving active-duty military, veterans, and DoD civilians with branches concentrated around New England and overseas military installations. Comparable military customer focus and member-first product positioning.
• Security Service Federal Credit Union: Large defense-focused credit union serving military personnel, DoD employees, and their families across multiple states. Similar full-service consumer/business banking suite and military-aligned value proposition.
• Affinity Federal Credit Union: New Jersey-based credit union with roots serving military aviation communities; comparable consumer/mortgage/auto product set and military-adjacent member base.
• Hanscom Federal Credit Union: Massachusetts-based credit union founded to serve Hanscom Air Force Base personnel. Directly comparable military-field-of-membership cooperative with consumer lending, mortgages, and digital banking.
• Fort Liberty Federal Credit Union (formerly Fort Bragg FCU): Installation-tied credit union serving military members at a major U.S. Army installation. Highly analogous field of membership, on-base heritage, and consumer/mortgage product mix.

Broad incumbents

• Discover Financial Services: Large national direct bank and credit card issuer with a competitive high-yield savings product and broad deposit-gathering footprint. Overlaps with Andrews Federal on consumer deposits and Visa-branded credit cards, but operates at far greater scale and without military field-of-membership constraints.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/AndrewsFederal
• LinkedInlinkedin.com/company/andrews-federal-credit-union
• Instagraminstagram.com/andrewsfederal
• Xx.com/andrewsfederal

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 Andrews