AEDC Federal Credit Union is a federally chartered credit union located in Tennessee. AEDC originally was chartered as a “not for profit, not for charity, but for service” at Arnold Air Force Base in 1951. AEDC Federal Credit Union is member owned and is committed to advancing the credit union movement. Each member has a voice in the future of AEDC. The old belief that working together brings success continues to work for AEDC.
Servicing through 14 locations and offering ATM access, members enjoy the convenience that AEDC Federal Credit Union offers. Helping their members is high on the list of priorities. By offering less fees, lower loan rates, and higher savings rates, AEDC Federal Credit Union remains among the largest federally charted credit unions and ranked in the top 100 in the nation.
Do you like having immediate access about your finances? At AEDC Federal Credit Union, they agree with this philosophy and offer a telephone service which gives members immediate and up to date information about their accounts.
Type of Loans and Programs AEDC Federal Credit Union offers
- Home Equity Loans – These loans allow you extra cash to fix or renovate your home.
- AEDC Federal Credit Union 3/1 adjustable rate mortgages or 5/1 adjustable rate mortgages – These mortgages allow you to purchase a home and have a fixed rate for 3 or 5 years before the variable rate begins. They offer you below market interest rates for the first three to five years of your mortgage.
- Mortgage Loans – Balloon, construction, or home loan payment relief mortgages are offered.
- Credit Cards – Consolidation or new credit cards
- Financial assistant for continuing education
- Consumer Loans – Quick answer for applicants. These loans include new and used auto loans and personal property loans.
- Student VISA cards
Other Offers at AEDC Federal Credit Union
AEDC Federal Credit Union offers a wide variety of IRAs and savings programs to fit your individual needs. Traditional IRAs are usually not taxed until you take money from the account. With Roth IRAs or AEDC’s Coverdell Education Savings Accounts, also known as Education IRAs, don’t usually get taxed from the federal government. Certificate accounts are offered from AEDC Federal Credit Union and works similar to a CD. The minimum amount to open an account is $500.
AEDC also offers its members insurance on their money, up to $100,000 by the National Credit Union Administration. Besides this protection, life savings insurance, loan protection insurance, and accidental death and dismemberment insurance is available
This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.