Air Academy Federal Credit Union

Overview / Commentary
9810 N Union Blvd
Colorado Springs, CO 80924

Air Academy Federal Credit Union is headquartered in Colorado Springs and is the 9th largest credit union in the state of Colorado. It is also the 477th largest credit union in the nation. It was established in 1955 and as of September of 2022, it had grown to 131 employees and 46,621 members at 8 locations. Air Academy Federal Credit Union has a B+ health rating.

Field of Membership Restrictions

Air Academy Federal Credit Union is open to employees, families and students in 10 local school districts, all active and retired military, and more than 200 select businesses.
See current membership details

Excellent Experience

I have an auto loan through AAFCU and received a promo offer by email for a personal loan. The process was lightning fast, the terms excellent. It was trouble free. I had the funds in 15 minutes. I have never had such a great experience with a banking entity. Dallas was wonderful

Darold Kern At AAFCU Was Extremely Informed And Helpful

We have done several loans through Darold Kern at AAFCU and have always appreciated his professionalism and courtesy.  He kept us informed in a timely manner and helped us in looking at several options until we found the best product for our unique situation.  His understanding of the loan industry allowed us to get financing for our home when we had been told by other institutions that it wouldn't work. We will happily continue to do business with Darold Kern and AAFCU

Accounts with AAFCU going on 15 years

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We have had our checking and savings account with Air Academy for over 15 years now. We have been very happy with the credit union. Our checking and savings account do not have any fees on them. We do have to use their ATM's or we do get charged and they do not refund ATM fees. This isn't a big deal most of the time as we live near a branch but is kind of a headache when traveling. I love Air Academy's online banking as it allows me to do 99% of my banking online. It is very easy to use, very easy to send checks to company's or individuals. I also use their mobile banking application which is great for depositing checks without leaving the house and having to the drive to the branch. Over the years, we have been very happy with Air Academy as we have paid very little, if any fees and any time we go into the branch the staff is very helpful and efficient. I would recommend AAFCU to anyone.

Great Rates And Great Service

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Been a member for 14 years!



Health Grade Components

NCUA #10600
Year Chartered1955
Primary Regulator
Profit Margin
Return on Assets - YTD0.37%
Return on Equity - YTD6.19%
Annual Interest Income$19.9MM
Assets and Liabilities
AssetsQ3 2022vs Q3 2021$876.4MM$824.0MM
LoansQ3 2022vs Q3 2021$662.5MM$535.0MM
DepositsQ3 2022vs Q3 2021$757.7MM$733.9MM
Equity CapitalQ3 2022vs Q3 2021$50.9MM$62.3MM
Loan Loss AllowanceQ3 2022vs Q3 2021$2.0MM$1.4MM
Unbacked Noncurrent LoansQ3 2022vs Q3 2021$1.7MM$831.00K
Real Estate OwnedQ3 2022vs Q3 2021$0$87.00K

Rates for Air Academy Federal Credit Union are currently being reviewed.


Air Academy Federal Credit Union Locations
Branch Office1910 Southgate RdColorado Springs, CO 80906-2688
Branch Office714 S Perry St Unit DCastle Rock, CO 80104-1947
Branch Office4920 N Union BlvdColorado Springs, CO 80918-4073
Branch Office545 W Highlands Ranch Pkwy Bldg 4Highlands Ranch, CO 80129-6950
Branch Office417 3rd StMonument, CO 80132-9109
Branch Office10841 Crossroads Dr Ste 7Parker, CO 80134-9000
Branch Office5136 Community Center DrUSAF Academy, CO 80840-3002
Branch Office9810 N Union BlvdColorado Springs, CO 80924-5002

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