Avadian Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.30% | 5-year CD | 2.27% - National Average |
| 1.40% | 1-year CD | 1.37% - National Average |
| 0.50% | Savings | 2.20% - Barclays Online Savings Account |
Avadian Credit Union is headquartered in Hoover and is the 8th largest credit union in the state of Alabama. It is also the 383rd largest credit union in the nation. It was established in 1934 and as of December of 2018, it had grown to 227 employees and 81,466 members at 18 locations. Avadian Credit Union's money market rates are 82% higher than the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Avadian Credit Union is open to those who live, work, attend school or worship in Autauga, Baldwin, Blount, Calhoun, Cherokee, Coffee, Colbert, Cullman, Dallas, DeKalb, Elmore, Etowah, Geneva, Houston, Jackson, Jefferson, Lauderdale, Lawrence, Lee, Limestone, Madison, Marion, Marshall, Mobile, Morgan, Pike, Randolph, Shelby, St. Clair, Talladega, Tuscaloosa, Walker or Winston Counties in Alabama. Membership is also open to employees of Charter Communications, Gulf Telephone Company, and over 200 statewide Select Employer Groups.
See current membership details
Greate Except For Holding Funds
Typical credit union for the most part. Friendly service in the one Madison County location.
My only complaint is that check deposits have a 2-day hold for amounts over $200. I also had a $15,000 check subject to a 7-day hold. (Not sure what the threshold is for the longer holding). Direct deposits and paychecks are not subject to holding.
I understand a need for this at some level, but I've had the account for more than a year with dozens of paper check deposits and not a single one has bounced. The tellers keep telling me that the holding will eventually stop but they can't tell me when.
Montgomery Location Is Inconvenient
I have been banking with Alabama Telco for years, originally opening my account in Trussville, north of Birmingham. I was pleased with my service in the Trussville location. They had a sign in the drive-through requesting customers to have their deposits ready when using drive-through services. Since moving to Montgomery, I have had to use the Atlanta Highway location. It is inconveniently located, and the drive-through takes forever. Customers sit in their car and fill out their deposit slips while at the window, and there is usually only one window open. Needless to say, I wish I could take my business elsewhere, but let's face it all the larger banks are unfriendly (I have done business with Regions and Compass). The drive-through is definitely not an express service.
Worst Credit Union Ever...
I started out with them when they were ALTELCO and it was difficult to deal with since Avadian it has gotten worst. They act like it is a privilege to keep your money in their bank. Take your hat off and stand against the wall while we frisk you before you can enter. They treat their customer like criminals no matter how many years you are with them.
Data as of Q4 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68583 |
| Year Chartered | 1934 |
| Employees | 227 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.75% |
| Return on Equity - YTD | 7.26% |
| Annual Interest Income | $29.4MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2018vs Q4 2017 | $787.6MM$747.4MM |
| Loans | Q4 2018vs Q4 2017 | $569.0MM$500.6MM |
| Deposits | Q4 2018vs Q4 2017 | $702.8MM$667.7MM |
| Equity Capital | Q4 2018vs Q4 2017 | $80.6MM$73.7MM |
| Loan Loss Allowance | Q4 2018vs Q4 2017 | $3.4MM$3.3MM |
| Unbacked Noncurrent Loans | Q4 2018vs Q4 2017 | $3.4MM$2.3MM |
| Real Estate Owned | Q4 2018vs Q4 2017 | $210.00K$918.00K |
Always verify rates and promotions with the bank or credit union. We are not Avadian Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Avadian Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 5.00% | - | - | Centsible Savings | ||
| 1.20%* | $75k* | - | Christmas Club | ||
| OTHER TIERS: 0.70% → $100 - $2.5k | 0.90% → $2.5k - $25k | 1.05% → $25k - $75k | |||||
| 1.20%* | $75k* | - | IRA Share | ||
| OTHER TIERS: 0.70% → Up to $2.5k | 0.90% → $2.5k - $25k | 1.05% → $25k - $75k | |||||
| 0.50% | $5 | - | Health Savings Account | ||
| 0.50%* | $75k* | - | Savings Account | ||
| OTHER TIERS: 0.15% → $100 - $2.5k | 0.20% → $2.5k - $25k | 0.40% → $25k - $75k | |||||
| 0.50%* | $75k* | - | Business Savings Accounts | ||
| OTHER TIERS: 0.15% → $100 - $2.5k | 0.20% → $2.5k - $25k | 0.40% → $25k - $75k | |||||
Avadian Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.80%* | $100k* | - | Premium Money Market | ||
| OTHER TIERS: 0.30% → Up to $10k | 0.45% → $10k - $25k | 0.55% → $25k - $50k | 0.75% → $50k - $100k | |||||
| 0.60%* | $100k* | - | Money Market Account | ||
| OTHER TIERS: 0.20% → $2.5k - $10k | 0.30% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
| 0.60%* | $100k* | - | Business Money Market | ||
| OTHER TIERS: 0.20% → $2.5k - $10k | 0.30% → $10k - $25k | 0.40% → $25k - $50k | 0.50% → $50k - $100k | |||||
Avadian Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.15% | $2.5k | - | Choice Checking with Interest | |
| 0.15% | $2.5k | - | Business Choice Checking with Interest |
Avadian Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $1k | - | 58 Month CD Special | |
| 2.55% | $1k | - | 60 Month CD | |
| 2.55% | $1k | - | Business 60 Month CD | |
| 2.50% | $1k | - | 21 Month CD Special - New Money | |
| 2.50% | $1k | - | 48 Month Rate Mover CD | |
| 2.30% | $1k | - | 60 Month CD - Step Up | |
| 2.20% | $1k | - | 13 Month CD Special - New Money | |
| 2.10% | $1k | - | 48-59 Month CD | |
| 2.10% | $1k | - | Business 48-59 Month CD | |
| 2.00% | $1k | - | 36-47 Month CD | |
| 2.00% | $1k | - | Business 36-47 Month CD | |
| 2.00% | $1k | - | 18 Month Rate Mover CD | |
| 1.85% | $1k | - | 48-59 Month CD - Step Up | |
| 1.75% | $1k | - | 24-35 Month CD | |
| 1.75% | $1k | - | 36-47 Month CD - Step Up | |
| 1.75% | $1k | - | Business 24-35 Month CD | |
| 1.65% | $1k | - | 18-23 Month CD | |
| 1.65% | $1k | - | 24-35 Month CD - Step Up | |
| 1.65% | $1k | - | Business 18-23 Month CD | |
| 1.55% | $1k | - | 18-23 Month CD - Step Up | |
| 1.50% | $1k | - | 12-17 Month CD | |
| 1.50% | $1k | - | Business 12-17 Month CD | |
| 1.40% | $500 | - | 12 Month Save Up CD | |
| 0.60% | $1k | - | 6-11 Month CD | |
| 0.60% | $1k | - | Business 6-11 Month CD | |
| 0.25% | $1k | - | 3-5 Month CD | |
| 0.25% | $1k | - | Business 3-5 Month CD |
Avadian Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 2.75% | $1k | - | 58 Month IRA Special | |
| 2.55% | $1k | - | 60 Month IRA | |
| 2.55% | $1k | - | 60 Month CESA | |
| 2.50% | $1k | - | 21 Month IRA Special - New Money | |
| 2.50% | $1k | - | 48 Month Rate Mover IRA | |
| 2.30% | $1k | - | 60 Month IRA - Step Up | |
| 2.20% | - | - | 13 Month IRA Special - New Money | |
| 2.10% | $1k | - | 48 - 59 Month IRA | |
| 2.00% | $1k | - | 36 - 47 Month IRA | |
| 2.00% | $1k | - | 18 Month Rate Mover IRA | |
| 1.85% | $1k | - | 48 - 59 Month IRA - Step Up | |
| 1.75% | $1k | - | 24 - 35 Month IRA | |
| 1.75% | $1k | - | 36 - 47 Month IRA - Step Up | |
| 1.65% | $1k | - | 18 - 23 Month IRA | |
| 1.65% | $1k | - | 24 - 35 Month IRA - Step Up | |
| 1.55% | $1k | - | 18 - 23 Month IRA - Step Up | |
| 1.50% | $1k | - | 12 - 17 Month IRA | |
| 0.60% | $1k | - | 6 - 11 Month IRA | |
| 0.25% | $1k | - | 3 - 5 Month IRA |
