AOD Federal Credit Union Awards Sixteen Scholarships to High School Seniors

The winners’ family members and High School representatives also attended the awards dinner. In addition, the scholarship recipients will be honored at each of their schools’ Awards Day ceremonies before graduation.

Recognizing that tuition rates continue to rise at a rapid pace, AOD Federal Credit Union established a scholarship fund to assist members that plan to pursue a college degree or certification from a technical/vocational school. This year, AOD Federal Credit Union awarded fifteen (15) scholarships and up to (3) three of which may be awarded to an individual with special needs valued at $1,000 each to graduating seniors who have been members of AOD Federal Credit Union for a minimum of one year.

In of honor of Ken Reid, Board Member Emeritus, the Ken Reid Engineering Scholarship is a special $2,000 scholarship and was awarded to Gavin Reid from Gadsden City High School who is pursuing an engineering degree. Each scholarship will be paid at the beginning of recipients’ freshman year and will be issued directly to the college, university, community college or technical/vocational school of their choice.

AOD Federal Credit Union was federally chartered on April 21, 1950, as a financial cooperative to serve its members. The credit union’s original charter group consisted of 45 members who were all employed by the Anniston Ordnance Depot. AOD Federal Credit Union’s first day of operation was May 4, 1950, in an office located on the Depot property. AOD Federal Credit Union offices are located throughout Anniston, Jacksonville & Oxford, Alabama with more than 470 select employer groups. AODFCU is a full service financial institution with over $277 million in assets as of March 2016. Financial Institution Rating Agencies Bauer Financial and Weiss Ratings recognized AODFCU with their highest awards for safety and soundness — an honor received by fewer than 2% of this nation’s Financial Institutions. For 66 years, the credit union has provided its members with savings programs, competitive lending and checking products, and a variety of other convenient services tailored to fit the needs of each individual member. Learn more at www.aodfcu.com. Federally insured by NCUA.