Aventa Credit Union is headquartered in Colorado Springs and is the 19st largest credit union in the state of Colorado. It is also the 1,115st largest credit union in the nation. It was established in 1957 and as of March of 2014, it had grown to 56 employees and 20,011 members. Aventa Credit Union has a A health rating.
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
This institution is very unfriendly, the manager "Angelique" (not sure on spelling) is very rude and unprofessional. She doesn't make eye contact and gives the impression that you are a bother to her. She has a very condescending attitude. I was not impressed with the way my husband and my accounts were handled and when I made a call to voice my concerns was met with a horrible attitude. I am in he process of closing out my 2 accounts. I have found a much more professional and polite institution to bank my money with. I do not recommend this bank to anyone, once they have your money they treat you like crap.
I recently changed my accounts to Aventa, with a savings as backup and a checking. The $2.00 fee for drawing from savings to checking is ok...my last bank and the one I plan to use in the future charge nothing. But get a few transactions going such as during a vacation and all of the sudden despite having money you get a $35 insufficient funds charge despite having the funds there and available. I even waited a few days afterward during vacation to use my debit card just to make sure I was not in the wrong. So what would any customer do? Call, thinking this must just be a mistake. I was met with rudeness and a very condescending manager from Colorado Springs who insisted i was wrong. I tried to go talk personally to the local branch in Pueblo but never got anywhere...maybe because of the "we don't really care" attitude of the staff at the parent branch up north. This was a terrible banking experience, my worst yet. The only good aspect is the phone app. I suggest you use another credit union, this one has not been friendly, that is primarily what I look for when banking.
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 Aventa Credit Union had $659,000 in non-current loans and owned real-estate with $15.57 million in equity and loan loss allowances on hand to cover it. This gives Aventa Credit Union a Texas Ratio of 4.23% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
The Texas Ratio for Aventa Credit Union experienced no significant changes from 3.96% as of March 31, 2013 to 4.23% as of March 31, 2014, resulting in a negative change of 6.95%. This indicates that the balance sheet and financial strength for Aventa Credit Union has had no significant changes in recent periods.
In the past year, Aventa Credit Union has increased its total deposits by $3.74 million, resulting in 2.77% 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 above average.
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 $155.75 million in assets with $15.57 million in equity, resulting in a capitalization level of 10.00%, which is above average.
|Assets and Liabilities|
|Equity Capital||$14.50 million|
|Loan Loss Allowance||$1.07 million|
|Unbacked Noncurrent Loans||$459,000|
|Real Estate Owned||$200,000|
|Historic Data - March 2013|
|Equity Capital||$13.16 million|
|Loan Loss Allowance||$1.40 million|
|Unbacked Noncurrent Loans||$459,000|
|Real Estate Owned||$20,000|
|Profit Margin - Quarterly|
|Net Interest Margin||1.48%|
|Return on Assets||0.48%|
|Return on Equity||5.19%|
|Interest Income||$1.88 million|
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|0.40%||$25||-||IRA Share Account|
|0.40%||$25||-||Roth IRA Share Account|
|0.40%||$25||-||Education IRA Share Account|
|0.05%||$100||-||Regular Share Account|
|0.05%||$100||-||Health Savings Account|
|0.30%||$50k||-||Tiered Money Market Account|
|1.76%||$50k||-||60 Month Jumbo Share Certificate|
|1.56%||$500||$50k||60 Month Share Certificate|
|1.46%||$50k||-||48 Month Jumbo Share Certificate|
|1.31%||$500||$50k||48 Month Share Certificate|
|1.26%||$50k||-||36 Month Jumbo Share Certificate|
|1.16%||$500||$50k||36 Month Share Certificate|
|1.06%||$50k||-||24 Month Jumbo Share Certificate|
|0.85%||$500||$50k||24 Month Share Certificate|
|0.55%||$500||$50k||12 Month Share Certificate|
|0.55%||$50k||-||12 Month Jumbo Share Certificate|
|0.35%||$500||$50k||6 Month Share Certificate|
|0.35%||$50k||-||6 Month Jumbo Share Certificate|
|0.25%||$50k||-||3 Month Jumbo Share Certificate|
|0.20%||$500||$50k||3 Month Share Certificate|
|1.76%||$50k||-||60 Month Jumbo IRA|
|1.56%||$500||$50k||60 Month IRA|
|1.46%||$50k||-||48 Month Jumbo IRA|
|1.31%||$500||$50k||48 Month IRA|
|1.26%||$50k||-||36 Month Jumbo IRA|
|1.16%||$500||$50k||36 Month IRA|
|1.06%||$50k||-||24 Month Jumbo IRA|
|0.85%||$500||$50k||24 Month IRA|
|0.55%||$500||$50k||12 Month IRA|
|0.55%||$50k||-||12 Month Jumbo IRA|
|0.35%||$500||$50k||6 Month IRA|
|0.35%||$50k||-||6 Month Jumbo IRA|
|0.25%||$50k||-||3 Month Jumbo IRA|
|0.20%||$500||$50k||3 Month IRA|
|Aventa Credit Union Locations|
|Branch Office||426 S Cascade Ave||Colorado Springs, CO 80903-3833|
|Branch Office||225 E Evans Ave||Pueblo, CO 81004|
|Branch Office||110 E Silver Ave||Crestone, CO 81131|
|Branch Office||311 4th Street||Saguache, CO 81149|
|Branch Office||2735 Dublin Blvd||Colorado Springs, CO 80918-1360|
|Branch Office||395 South Worth Street||Center, CO 81125|