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719-482-7600
2735 Dublin Blvd
Colorado Springs, CO 80918-1360

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.

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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Reviews (2)

Horrible Experience

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.

Wow, Was That Experience For Real?

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.



Health

Data for Q1 2014

Institution Health

A

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 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.

Texas Ratio Trend

GRADE:
C+

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.

Deposit Growth

GRADE:
B+

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.

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 $155.75 million in assets with $15.57 million in equity, resulting in a capitalization level of 10.00%, which is above average.

Institution Statistics

Overall
NCUA #62755
Year Chartered1957
Employees56
Primary Regulator
Assets and Liabilities
Assets$155.75 million
Loans$123.94 million
Deposits$139.18 million
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
Assets$150.75 million
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 Margin1.48%
Return on Assets0.48%
Return on Equity5.19%
Interest Income$1.88 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
0.40%$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
0.05%$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
1.76%$50k-60 Month Jumbo Share Certificate
1.56%$500$50k60 Month Share Certificate
1.46%$50k-48 Month Jumbo Share Certificate
1.31%$500$50k48 Month Share Certificate
1.26%$50k-36 Month Jumbo Share Certificate
1.16%$500$50k36 Month Share Certificate
1.06%$50k-24 Month Jumbo Share Certificate
0.85%$500$50k24 Month Share Certificate
0.55%$500$50k12 Month Share Certificate
0.55%$50k-12 Month Jumbo Share Certificate
0.35%$500$50k6 Month Share Certificate
0.35%$50k-6 Month Jumbo Share Certificate
0.25%$50k-3 Month Jumbo Share Certificate
0.20%$500$50k3 Month Share Certificate

Aventa Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.76%$50k-60 Month Jumbo IRA
1.56%$500$50k60 Month IRA
1.46%$50k-48 Month Jumbo IRA
1.31%$500$50k48 Month IRA
1.26%$50k-36 Month Jumbo IRA
1.16%$500$50k36 Month IRA
1.06%$50k-24 Month Jumbo IRA
0.85%$500$50k24 Month IRA
0.55%$500$50k12 Month IRA
0.55%$50k-12 Month Jumbo IRA
0.35%$500$50k6 Month IRA
0.35%$50k-6 Month Jumbo IRA
0.25%$50k-3 Month Jumbo IRA
0.20%$500$50k3 Month IRA
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