Aurora Federal Credit Union is headquartered in Aurora and is the 30th largest credit union in the state of Colorado. It is also the 1,625th largest credit union in the nation. It was established in 1968 and as of September of 2022, it had grown to 20 employees and 7,532 members at 2 locations. Aurora Federal Credit Union has 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.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 18574 |
| Year Chartered | 1968 |
| Employees | 20 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.78% |
| Return on Equity - YTD | 4.66% |
| Annual Interest Income | $2.8MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q3 2022vs Q3 2021 | $127.5MM$129.2MM |
| Loans | Q3 2022vs Q3 2021 | $63.5MM$58.9MM |
| Deposits | Q3 2022vs Q3 2021 | $106.0MM$107.7MM |
| Equity Capital | Q3 2022vs Q3 2021 | $21.3MM$20.8MM |
| Loan Loss Allowance | Q3 2022vs Q3 2021 | $562.00K$613.00K |
| Unbacked Noncurrent Loans | Q3 2022vs Q3 2021 | $437.00K$175.00K |
| Real Estate Owned | Q3 2022vs Q3 2021 | $0$0 |