Air Academy Federal Credit Union
Popular Accounts at this Credit Union
| APY | ACCOUNT TYPE | HOW THEY COMPARE |
|---|---|---|
| 2.60% | 5-year CD | 2.25% - National Average |
| 2.35% | 4-year CD | 1.97% - National Average |
| 2.25% | Reward Checking | 2.12% - National Average |
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 475th largest credit union in the nation. It was established in 1955 and as of September of 2018, it had grown to 130 employees and 49,364 members at 8 locations. Air Academy Federal Credit Union's money market rates are 5X the national average, and it 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
Related Posts
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
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.
In My Opinion..
In my opinion after a recent auto loan and a refinance I wouldn't suggest AAFCU to anyone that I know. Several small billing issues, such as overcharges, built up and caused a lot of problems for me. When attempting to address the issues with a manager before it was out of hand, that manager chose not to investigate the matter(s). I feel that was against the information provided to me in my member's monthly statements. This among other problems is why I would not recommend this bank or it's services.
Data as of Q3 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 10600 |
| Year Chartered | 1955 |
| Employees | 130 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.91% |
| Return on Equity - YTD | 10.65% |
| Annual Interest Income | $15.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2018vs Q3 2017 | $610.4MM$575.0MM |
| Loans | Q3 2018vs Q3 2017 | $536.6MM$486.4MM |
| Deposits | Q3 2018vs Q3 2017 | $517.2MM$522.5MM |
| Equity Capital | Q3 2018vs Q3 2017 | $52.0MM$47.3MM |
| Loan Loss Allowance | Q3 2018vs Q3 2017 | $2.5MM$3.2MM |
| Unbacked Noncurrent Loans | Q3 2018vs Q3 2017 | $1.5MM$2.2MM |
| Real Estate Owned | Q3 2018vs Q3 2017 | $467.00K$957.00K |
Always verify rates and promotions with the bank or credit union. We are not Air Academy Federal Credit Union; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
Air Academy Federal Credit Union Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.75%* | - | $50k | Kasasa Saver | ||
| OTHER TIERS: 0.15% → $50k+ | |||||
| 0.15%* | $25k* | - | Health Savings Account | ||
| OTHER TIERS: 0.05% → Up to $10k | 0.10% → $10k - $25k | |||||
| 0.05% | $5 | - | Share Account | ||
| 0.05% | - | - | IRA Share Account | ||
Air Academy Federal Credit Union Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.00%* | $500k* | - | Money Fund | ||
| OTHER TIERS: 0.05% → $1k - $10k | 0.10% → $10k - $25k | 0.15% → $25k - $50k | 0.25% → $50k - $100k | 0.30% → $100k - $250k | 0.35% → $250k - $500k | |||||
| 2.00%* | $500k* | - | Business Money Fund | ||
| OTHER TIERS: 0.05% → $50k - $100k | 0.10% → $100k - $250k | 0.15% → $250k - $500k | |||||
Air Academy Federal Credit Union Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.25%* | - | $25k | Kasasa Cash Checking | ||
| OTHER TIERS: 0.15% → $25k+ | |||||
Air Academy Federal Credit Union CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.60%* | $10k* | - | 60 Month CD | ||
| OTHER TIERS: 2.50% → $500 - $10k | |||||
| 2.35%* | $10k* | - | 48 Month CD | ||
| OTHER TIERS: 2.25% → $500 - $10k | |||||
| 2.25%* | $10k* | - | 36 Month CD | ||
| OTHER TIERS: 2.15% → $500 - $10k | |||||
| 1.90%* | $10k* | - | 24 Month CD | ||
| OTHER TIERS: 1.80% → $500 - $10k | |||||
| 1.55%* | $10k* | - | 12 Month CD | ||
| OTHER TIERS: 1.45% → $500 - $10k | |||||
| 1.40%* | $10k* | - | 6 Month CD | ||
| OTHER TIERS: 1.30% → $500 - $10k | |||||
Air Academy Federal Credit Union IRA Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 2.60%* | $10k* | - | 60 Month IRA | ||
| OTHER TIERS: 2.50% → $500 - $10k | |||||
| 2.35%* | $10k* | - | 48 Month IRA | ||
| OTHER TIERS: 2.25% → $500 - $10k | |||||
| 2.25%* | $10k* | - | 36 Month IRA | ||
| OTHER TIERS: 2.15% → $500 - $10k | |||||
| 1.90%* | $10k* | - | 24 Month IRA | ||
| OTHER TIERS: 1.80% → $500 - $10k | |||||
| 1.55%* | $10k* | - | 12 Month IRA | ||
| OTHER TIERS: 1.45% → $500 - $10k | |||||
| Air Academy Federal Credit Union Locations | ||
|---|---|---|
| Branch Office | 1910 Southgate Rd | Colorado Springs, CO 80906-2688 |
| Branch Office | 714 S Perry St Unit D | Castle Rock, CO 80104-1947 |
| Branch Office | 4920 N Union Blvd | Colorado Springs, CO 80918-4073 |
| Branch Office | 545 W Highlands Ranch Pkwy Bldg 4 | Highlands Ranch, CO 80129-6950 |
| Branch Office | 417 3rd St | Monument, CO 80132-9109 |
| Branch Office | 10841 Crossroads Dr Ste 7 | Parker, CO 80134-9000 |
| Branch Office | 5136 Community Center Dr | USAF Academy, CO 80840-3002 |
| Branch Office | 9810 N Union Blvd | Colorado Springs, CO 80924-5002 |