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Avadian Credit Union

Member-owned financial institution offering personal and business banking services.

Discussion
bankingfinancial-servicesfintechwealth-management

Company facts

Founded
1934
Employees
340
Headquarters
United States
CEO
Brant Malone
Type
Cooperative / Mutual

About

Avadian Credit Union is a member-owned financial institution that originated in 1934 as Alabama Telco. Initially, it began its operations with just seven charter members equipped with a mere capital base of $70. Over the decades, Avadian has evolved significantly, transforming from a credit union exclusively for telephone company employees and their families to one that serves a broader community in Alabama, making it one of the oldest credit unions in the state. In 2015, the organization rebranded itself from Alabama Telco to Avadian Credit Union, reflecting its commitment to providing excellent financial services to a diverse member base. Avadian Credit Union takes immense pride in its mission to help its members achieve their financial goals through personalized service and innovative products. The credit union offers a full range of financial services, including loans, mortgages, and online banking options, to ensure that members have access to essential tools for managing their finances. As of now, they serve over 90,000 members and manage more than $1.3 billion in assets. This growth is a testimony to the credit union's commitment to its members and communities. Through community engagement and sponsorship of local events, Avadian fosters strong relationships within its service areas, positioning itself as a trusted financial partner.

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