For the past 73 years AOD Federal Credit Union has been serving our
members which we consider our AOD Family. And like the original 45
members that formed AOD Federal Credit Union, our commitment to
serve each other has remained the same as we have grown to over
37,000 members. Since the formation of AOD Federal Credit Union in
1950 the Board of Directors, Supervisory Committee, Employees and
Members have remained tightly connected as a family would to serve
the communities in which we live and work.
As Chairman of the Board, I am proud to present the 2022 Annual
Report for AOD Federal Credit Union. It has been a productive year
for AOD Federal Credit Union with year end assets of over $417
million. The contributions of management and staff along with the
commitment of the Board of Directors and Supervisory Committee
has been the driving force in maintaining a financially safe and sound
credit union which the members can be proud to call their own. We
are owned, led, and operated by members for members. AOD Federal
Credit Union is once again listed among the 200 Healthiest Credit
Unions in America and obtained a 5-Star rating by Bauer Financial
Services.
AOD Federal Credit Union takes care of our members like family.
We strive to provide the best line of products and services to meet
the needs of our membership. AOD was awarded the Anniston Star
Readers’ Choice award for the Best Financial Institution and Best
Mortgage in Calhoun County for 7 consecutive years. We make it
easy and convenient for our members to conduct their business
by providing a full suite of e-banking solutions, we offer a variety
of checking and savings accounts beginning with our Kid’s Club
up to Retirement accounts and everything in between. In 2022
AODFCU paid over $1.2 million in dividends to our membership. If our
members need a loan, we have the right solution for you. Whether
our membership has a personal loan need or need financing for
their business we are ready to help. We have invested over $207
million in loans to our membership and have saved our members
thousands of dollars in interest by providing competitive loan
rates in the market.
AOD Federal Credit Union is committed to giving back to the
communities we serve. We have 7 branches throughout Calhoun
and St. Clair counties. We have given back more than $50,000.00
to organizations throughout these counties and employees
have volunteered more than 450 hours to various organizations
and community events in the areas we serve. In 2022 AODFCU
awarded $29,000.00 in scholarships to 47 student members who
planned to attend a 4-year college, 2-year college or trade school.
We support our student members by operating two student ran
branches in two local high schools and rewarded our student
members over $4,400.00 through our Report Card Reward
program.
In 2023 our AOD Family of members can be assured that the
Board of Directors, Supervisory Committee, Management
and Staff will continue to explore ways to give back to our
membership and communities we serve and remain committed
to the financial growth and success of the credit union. It has
been an honor for us to serve our membership over the past
73 years and we look forward to continuing to provide Quality
Member Service to our AOD Family.
