- Payday loans in Anniston follow Alabama law (Alabama Deferred Presentment Services Act).
- Borrowing $300 at the state maximum costs $52.50 (17.5% fee).
- 3 credit unions are headquartered in Anniston; ask about small-dollar loans before borrowing.
Anniston at a glance
| Anniston | |
|---|---|
| Population (2024 Census estimate) | 21,127 |
| Change since 2020 | -1.8% (shrinking) |
| County | Calhoun County |
| Size rank among 389 Alabama places we cover | 32nd |
| Nearest larger city | Gadsden (about 26 miles) |
| Credit unions headquartered in town (NCUA) | 3, 1 federal |
| Credit unions headquartered in Calhoun County | 4 |
| Other towns within 25 miles | 18 (about 108,669 residents) |
| Typical payday APR statewide (CRL 2023) | 456% |
There is no separate Anniston payday law: Alabama rules apply here, and any lender serving Anniston residents, online or in person, needs a license from the Alabama State Banking Department.
Credit unions in Anniston
These credit unions have their main office in Anniston, according to NCUA call report data (June 2026):
- Northeast Alabama Postal Federal Credit Union (federal charter — may offer payday alternative loans (PALs))
- Chem Family Credit Union (state charter)
- Fort Mcclellan Credit Union (state charter)
Only federal credit unions can offer payday alternative loans (PALs), capped at 28% APR; state-chartered credit unions often have their own small-loan products. Membership rules apply, and only main offices are listed here; find branches near you with the NCUA Credit Union Locator. See how PALs work.
Payday loan rules that apply in Anniston
In short, Alabama rules that cover Anniston include: maximum loan: $500 outstanding in total (checked through a statewide database); maximum fee: 17.5% of the amount advanced; loan term: 10 to 31 days. See the full Alabama payday loan rules.
What a $300 loan costs in Anniston
The Center for Responsible Lending put the typical APR on a $400 payday loan in Alabama at 456% (June 2023). For $300 at the state maximum, expect $52.50 (17.5% fee). Check any offer with our payday loan calculator.
Other help in Calhoun County before you borrow
Before a payday loan, Anniston residents can usually find something cheaper:
- Local assistance through 211 covering Calhoun County.
- A credit union payday alternative loan (max 28% APR). See PALs explained.
- Your bank’s small-dollar loan, if offered (compare banks).
- A cash advance app for $20–$500 (apps compared).
Towns near Anniston
The nearest larger city is Gadsden, about 26 miles away. See all 389 Alabama cities.
Need cash before payday?Send one free request to our lender network. We are not a lender; offers and rates come from lenders.
Request a loanFrequently asked questions
Are payday loans legal in Anniston?
Yes. Payday loans are legal in Anniston under Alabama state law, and lenders must be licensed by the Alabama State Banking Department.
How much does a payday loan cost in Anniston?
At Alabama’s maximum fee, borrowing $300 costs $52.50 (17.5% fee). The typical statewide APR was 456% in 2023.
Are there credit unions in Anniston?
Yes. NCUA data lists 3 credit unions with a main office in Anniston, including Northeast Alabama Postal Federal Credit Union and Chem Family Credit Union. Federal credit unions can offer payday alternative loans capped at 28% APR.
Sources
- U.S. Census Bureau — City and town population totals, Vintage 2024
- U.S. Census Bureau — 2024 Gazetteer files (place locations)
- NCUA — Credit union call report data, June 2026 (FOICU)
- NCLC — Consumer Credit Regulation: Alabama
- Lexology — Alabama establishes payday loan database
- Center for Responsible Lending — Red Alert Rates: APRs on $400 single-payment payday loans (June 2023)
- CDFI Fund — NCUA payday alternative loans summary