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Overview / Commentary
877-755-2572
6 Abilene St
Aurora, CO 80011

Aurora Federal Credit Union is headquartered in Aurora and is the 31st largest credit union in the state of Colorado. It is also the 1,745th largest credit union in the nation. It was established in 1968 and as of March of 2014, it had grown to 17 employees and 7,663 members. Aurora Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

The following groups are eligible for membership: ** City of Aurora employees, retired employees, volunteers and their relatives ** Employees and volunteers, and their relatives, of one of our Select Employee Groups ** Those who live, work, worship, or attend school in Original Aurora (Zip codes 80010 & 80011) ** Residents of Montrose and Delta Counties, CO ** Employees, retired employees, volunteers and their relatives of Colorado, Kansas, New Mexico and Wyoming Rural Electric CO-OP’s. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Aurora Federal Credit Union has a relatively low asset base.

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Aurora Federal Credit Union had $484,000 in non-current loans and owned real-estate with $10.99 million in equity and loan loss allowances on hand to cover it. This gives Aurora Federal Credit Union a Texas Ratio of 4.40% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Aurora Federal Credit Union experienced no significant changes from 4.75% as of March 31, 2013 to 4.40% as of March 31, 2014, resulting in a positive change of 7.35%.This indicates that the balance sheet and financial strength for Aurora Federal Credit Union has had no significant changes in recent periods.

Deposit Growth

GRADE:
C

In the past year, Aurora Federal Credit Union has decreased its total deposits by -$1.56 million, resulting in -2.18% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Aurora Federal Credit Union has shown is average.

Capitalization

GRADE:
A+

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Aurora Federal Credit Union has $81.01 million in assets with $10.99 million in equity, resulting in a capitalization level of 13.57%, which is excellent.

Institution Statistics

Overall
NCUA #18574
Year Chartered1968
Employees17
Primary Regulator
Assets and Liabilities
Assets$81.01 million
Loans$39.28 million
Deposits$70.12 million
Equity Capital$10.08 million
Loan Loss Allowance$908,000
Unbacked Noncurrent Loans$484,000
Real Estate Owned$0
Historic Data - March 2013
Assets$81.40 million
Equity Capital$8.89 million
Loan Loss Allowance$961,000
Unbacked Noncurrent Loans$484,000
Real Estate Owned$102,000
Profit Margin - Quarterly
Return on Assets1.28%
Return on Equity10.31%
Interest Income$666,000
Rates
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Aurora Federal Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$500-IRA Share Account
0.10%$500-Roth IRA Share Account
0.07%--Christmas Club
0.07%--Vacation Club
0.07%--Education Club
0.05%$25-Regular Savings Account
0.05%--Health Savings Account
0.03%--Other Savings Account

Aurora Federal Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.35%$75k-Money Market Account

Aurora Federal Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.60%$50k-60 Month Super Jumbo CD
1.49%$10k-60 Month Jumbo CD
1.14%$50k-48 Month Super Jumbo CD
1.03%$10k-48 Month Jumbo CD
1.00%$500-60 Month CD
1.00%$50k-36 Month Super Jumbo CD
0.89%$10k-36 Month Jumbo CD
0.85%$50k-24 Month Super Jumbo CD
0.70%$500-48 Month CD
0.60%$500-36 Month CD
0.60%$10k-24 Month Jumbo CD
0.50%$50k-18 Month Super Jumbo CD
0.40%$500-24 Month CD
0.40%$10k-18 Month Jumbo CD
0.40%$50k-12 Month Super Jumbo CD
0.30%$500-18 Month CD
0.30%$10k-12 Month Jumbo CD
0.20%$500-12 Month CD
0.20%$50k-6 Month Super Jumbo CD
0.15%$10k-6 Month Jumbo CD
0.10%$500-6 Month CD

Aurora Federal Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.60%$500-60 Month IRA
1.14%$500-48 Month IRA
1.00%$500-36 Month IRA
0.85%$500-24 Month IRA
0.40%$500-12 Month IRA
Locations


Aurora Federal Credit Union Locations
Branch Office15151 E Alameda PkwyAurora, CO 80012-1555
Branch Office6 Abilene StAurora, CO 80011