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Overview / Commentary
719-482-7600
2735 Dublin Blvd
Colorado Spring, CO 80918

Aventa Credit Union is headquartered in Colorado Spring and is the 19st largest credit union in the state of Colorado. It is also the 1,108th largest credit union in the nation. It was established in 1957 and as of December of 2013, it had grown to 56 employees and 19,635 members. Aventa Credit Union has a B+ health rating.

Field of Membership Restrictions

Membership with Aventa Credit Union is open to anyone who works or is a family member of an employee with the City Utilities department, General City, Memorial Hospital, Police and Fire departments as well as over 50 other select employer groups. - See Details

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Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A

The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of December 31, 2013 Aventa Credit Union had $1.31 million in non-current loans and owned real-estate with $15.37 million in equity and loan loss allowances on hand to cover it. This gives Aventa Credit Union a Texas Ratio of 8.55% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Aventa Credit Union decreased slightly from 10.13% as of December 31, 2012 to 8.55% as of December 31, 2013, resulting in a positive change of 15.63%.This indicates that the balance sheet and financial strength for Aventa Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
C+

In the past year, Aventa Credit Union has decreased its total deposits by $-36,000, resulting in -0.03% 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 Aventa Credit Union has shown is average.

Capitalization

GRADE:
B+

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. Aventa Credit Union has $152.63 million in assets with $15.37 million in equity, resulting in a capitalization level of 10.07%, which is above average.

Institution Statistics

Overall
NCUA #62755
Year Chartered1957
Employees56
Primary Regulator
Assets and Liabilities
Assets$152.63 million
Loans$123.23 million
Deposits$136.36 million
Equity Capital$14.33 million
Loan Loss Allowance$1.04 million
Unbacked Noncurrent Loans$1.24 million
Real Estate Owned$75,000
Historic Data - December 2012
Assets$151.49 million
Equity Capital$12.75 million
Loan Loss Allowance$1.53 million
Unbacked Noncurrent Loans$1.24 million
Real Estate Owned$20,000
Profit Margin - Quarterly
Net Interest Margin6.09%
Return on Assets1.08%
Return on Equity11.47%
Interest Income$7.67 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Aventa Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Aventa Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$25-IRA Share Account
0.50%$25-Roth IRA Share Account
0.50%$25-Education IRA Share Account
0.05%$100-Regular Share Account
0.05%$100-Health Savings Account
0.05%$100-Christmas Club

Aventa Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$50k-Tiered Money Market Account

Aventa Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.50%$500-Electronic Checking

Aventa Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.82%$50k-60 Month Jumbo Share Certificate
1.61%$500$50k60 Month Share Certificate
1.51%$50k-48 Month Jumbo Share Certificate
1.36%$500$50k48 Month Share Certificate
1.31%$50k-36 Month Jumbo Share Certificate
1.21%$500$50k36 Month Share Certificate
1.11%$50k-24 Month Jumbo Share Certificate
0.90%$500$50k24 Month Share Certificate
0.60%$500$50k12 Month Share Certificate
0.60%$50k-12 Month Jumbo Share Certificate
0.40%$500$50k6 Month Share Certificate
0.40%$50k-6 Month Jumbo Share Certificate
0.30%$50k-3 Month Jumbo Share Certificate
0.25%$500$50k3 Month Share Certificate

Aventa Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.82%$50k-60 Month Jumbo IRA (Traditional,Roth,CESA)
1.61%$500$50k60 Month IRA (Traditional,Roth,CESA)
1.51%$50k-48 Month Jumbo IRA (Traditional,Roth,CESA)
1.36%$500$50k48 Month IRA (Traditional,Roth,CESA)
1.31%$50k-36 Month Jumbo IRA (Traditional,Roth,CESA)
1.21%$500$50k36 Month IRA (Traditional,Roth,CESA)
1.11%$50k-24 Month Jumbo IRA (Traditional,Roth,CESA)
0.90%$500$50k24 Month IRA (Traditional,Roth,CESA)
0.60%$500$50k12 Month IRA (Traditional,Roth,CESA)
0.60%$50k-12 Month Jumbo IRA (Traditional,Roth,CESA)
0.40%$500$50k6 Month IRA (Traditional,Roth,CESA)
0.40%$50k-6 Month Jumbo IRA (Traditional,Roth,CESA)
0.30%$50k-3 Month Jumbo IRA (Traditional,Roth,CESA)
0.25%$500$50k3 Month IRA (Traditional,Roth,CESA)
Locations


Aventa Credit Union Locations
Branch Office426 S Cascade AveColorado Springs, CO 80903-3833
Branch Office225 E Evans AvePueblo, CO 81004
Branch Office110 E Silver AveCrestone, CO 81131
Branch Office311 4th StreetSaguache, CO 81149
Branch Office2735 Dublin BlvdColorado Springs, CO 80918-1360
Branch Office395 South Worth StreetCenter, CO 81125