Overview / Commentary
AERO Federal Credit Union is headquartered in Glendale and is the 16th largest credit union in the state of Arizona. It is also the 1,007th largest credit union in the nation. It was established in 1958 and as of June of 2022, it had grown to 52 employees and 19,684 members at 8 locations. AERO Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Membership is open to select areas of Phoenix, Glendale, Scottsdale, Tempe, and Mesa in Arizona. Membership is also open to members of the credit union's select employer group.
See current membership details
Related Posts
View all posts from:
Health
A+
Data as of Q2 2022
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 12164 |
| Year Chartered | 1958 |
| Employees | 52 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.6% |
| Return on Equity - YTD | 4.87% |
| Annual Interest Income | $3.7MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2022vs Q2 2021 | $298.0MM$280.6MM |
| Loans | Q2 2022vs Q2 2021 | $216.1MM$177.3MM |
| Deposits | Q2 2022vs Q2 2021 | $259.7MM$243.7MM |
| Equity Capital | Q2 2022vs Q2 2021 | $36.8MM$35.1MM |
| Loan Loss Allowance | Q2 2022vs Q2 2021 | $1.1MM$1.1MM |
| Unbacked Noncurrent Loans | Q2 2022vs Q2 2021 | $285.00K$45.00K |
| Real Estate Owned | Q2 2022vs Q2 2021 | $0$0 |