Aurora Federal Credit Union is headquartered in Aurora and is the 28th largest credit union in the state of Colorado. It is also the 1,605th largest credit union in the nation. It was established in 1968 and as of March of 2020, it had grown to 18 employees and 7,600 members at 2 locations. Aurora Federal Credit Union's money market rates are 25% higher than the national average, and it boasts an A+ health rating.
Field of Membership Restrictions
Membership in Aurora Federal Credit Union is open to all Colorado residents who belong to Consumers United Association (CUA). Also eligible to to join are those who live, work, worship, attend school, regularly conduct business, or volunteer within the original boundaries of Aurora (map provided on website) and the residents of Delta and Montrose Counties. City of Aurora employees, retirees, volunteers and their families are also eligible for membership, as are employees, retirees, volunteers, and their relatives of Colorado, Kansas, New Mexico, and Wyoming Rural Electric CO-OPs.
See current membership details
Rates As Of 8/20/2019
Regular Savings 0.10% 0.10%
Other Savings 0.05% 0.05%
Health Savings Account 0.35% 0.35%
Money Market Accounts
$2,000-$9,999 0.75% 0.75%
$10,000-$24,999 0.95% 0.95%
$25,000 - $49,999 1.04% 1.05%
$50,000 - $74,999 1.14% 1.15%
$75,000 and above 1.24% 1.25%
Term Certificates- $500 Minimum
6 Month 0.75% 0.75%
12 Month 1.39% 1.40%
18 Month 1.59% 1.60%
24 Month 1.69% 1.70%
36 Month 1.79% 1.80%
48 Month 1.98% 2.00%
60 Month 2.18% 2.20%
Jumbo Certificates- $10,000
6 Month 1.04% 1.05%
12 Month 1.79% 1.80%
18 Month 1.93% 1.95%
24 Month 1.98% 2.00%
36 Month 2.18% 2.20%
48 Month 2.28% 2.30%
60 Month 2.47% 2.50%
Super Jumbo Certificates- $50,000
6 Month 1.24% 1.25%
12 Month 1.98% 2.00%
18 Month 2.23% 2.25%
24 Month 2.37% 2.40%
36 Month 2.47% 2.50%
48 Month 2.57% 2.60%
60 Month 2.67% 2.70%
Individual Retirement Accounts
IRA Shares 0.65% 0.65%
IRA 12 Month CD 2.37% 2.40%
IRA 24 Month CD 2.47% 2.50%
IRA 36 Month CD 2.57% 2.60%
IRA 48 Month CD 2.67% 2.70%
IRA 60 Month CD 2.76% 2.80%
Club Accounts
Christmas 0.40% 0.40%
Vacation 0.40% 0.40%
Education 0.40% 0.40%
Aurora Federal Credit Union is okay
I've banked with Aurora Federal Credit Union for almost 3 years. The credit union serves employees of the City of Aurora and other residents. I've been hit with fees a few times, and they seem higher than most other institutions I have been with. A $30 NSF fee seems steep to me. The mobile platform isn't great. They have an app, but it isn't very good, and their webpage doesn't scale down to mobile either. Where they shine is their customer service. I've always received good service from them.
Data as of Q1 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 18574 |
| Year Chartered | 1968 |
| Employees | 18 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.18% |
| Return on Equity - YTD | 6.36% |
| Annual Interest Income | $1.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2020vs Q1 2019 | $106.4MM$101.8MM |
| Loans | Q1 2020vs Q1 2019 | $53.0MM$51.0MM |
| Deposits | Q1 2020vs Q1 2019 | $85.6MM$82.4MM |
| Equity Capital | Q1 2020vs Q1 2019 | $19.5MM$18.0MM |
| Loan Loss Allowance | Q1 2020vs Q1 2019 | $605.00K$635.00K |
| Unbacked Noncurrent Loans | Q1 2020vs Q1 2019 | $515.00K$333.00K |
| Real Estate Owned | Q1 2020vs Q1 2019 | $0$0 |