Aurora Schools Fed Credit Union Adds 12-Month CD Special


Deal Summary: 12-month Certificate Special, 2.75% APY, $5k minimum deposit

Availability: Easy membership requirement for all Colorado residents

Aurora Schools Federal Credit Union (ASFCU) started the month by introducing a 12-month Certificate Special (2.75% APY). This limited-time offer requires a $5k minimum deposit, with no stated balance cap.

According to the very fine print on the promotion page, the Certificate Special will not automatically renew.

This is a one-time promotional offer and will redeem to your share account upon maturity.

As stated on the Investment Accounts page, the Early Withdrawal Penalty reads as follows:

Terms of 12 to less than 24 months – 180 days dividends

Thanks to DA reader, Carpline, for his Forum post about this competitive certificate.


Headquartered in Aurora, Colorado, Aurora Schools Federal Credit Union offers membership to all Colorado residents through membership in the Consumers United Association.

Employees, retirees, and students of public and charter schools located in Aurora (including Aurora Public Schools and Cherry Creek School District) are eligible to join, as are employees, retirees, and students of private schools and colleges located in Aurora.

Immediate family members of current ASFCU memberships are also welcome to apply.

Joining ASFCU and/or opening a Certificate Special can be done at any of the three Colorado branches, all located in Aurora. If you live outside the Aurora area, you can start the application process by calling 303.360.0987 or sending an email to [email protected]

ASFCU participates in COOP Shared Branching, offering its members access to more than 5,000 locations nationwide.

Credit Union Overview

Aurora Schools Federal Credit Union has an overall health grade of "A" at, with a Texas Ratio of 1.90% (excellent) based on March 31, 2018 data. ASFCU has an above average capitalization level (10.17% APY), the result of holding $109.48 million with $11.13 million in equity. Please refer to our financial overview of Aurora Schools Federal Credit Union (NCUA Charter # 14369) for more details.

Established in 1961 as the Aurora Public Schools Federal Credit Union, the founding members were eight school teachers who contributed a total of $40. ASFCU is currently Colorado’s 26th largest credit union with more than 7,700 members and assets in excess of $109 million. Although the FOM is no longer limited to school employees, ASFCU has maintained its interest in furthering education.

The ASPIRE Foundation of Colorado was established by Aurora Schools Credit Union to raise funds for and support scholarships and educational initiatives throughout Aurora schools. This year the ASPIRE Foundation is awarded $8,500 in scholarships to support students from the seven Aurora Public Schools High Schools and the four Cherry Creek High Schools located in Aurora as well as one student from Pickens Technical College.

How the Certificate Special Compares

When compared to the 315 similar length-of-term CDs tracked by, which require a similar minimum deposit and are available to Colorado residents, Aurora Schools Federal Credit Union's 12-month Certificate Special APY currently shares the top spot with USALLIANCE Financial’s 12-month CD Special APY.

The above rates are accurate as of 9/11/2018.

Looking for the best CD rates, both nationwide and in your state? Please refer to our CD Rates Table page.

Related Pages: Denver CD rates, 1-year CD rates

Beancounter111   |     |   Comment #1
Contacted them. Live in Colorado but they note you have to come into a branch to establish an account.
RJM   |     |   Comment #2
The NASA 15 month at 3.25% is probably a better deal anyway.
gregk   |     |   Comment #3
What if I need the money in 12 months? Or don't want to endure NASA's tedious application process.

The "best deal" is always in part, at least, circumstantial, and not just a matter of APY.
gregk   |     |   Comment #4
Even leaving aside personal values and circumstances, I consider Andrews FCU 9 month 2.75% CD the best short-term offer out there. Given the likely rising rate environment over the next year, sacrificing a bit of immediate yield for considerably more re-investment flexibility is a trade-off I believe works to my advantage overall.
RJM   |     |   Comment #5
I had more of an issue with Andrews than NASA. But I have both. And right now I am having to deal with Keeslers BS notarized affidavit garbage.

I feel confident rates will rise but an extra half point for 6 more months sounds like a good trade off to me.
7.00% 7-Month CD at a Colorado CU (Aurora Schools).
Aurora Schools FCU is offering a 7.00% APY 7-month share certificate. The minimum deposit is $7,000. No maximum deposit is listed. Money new to the credit union is required.

The downside with this deal is the narrow field of membership of the credit union. It's primarily limited to employees and students of schools and colleges in Aurora, Colorado. See site for details. Membership requires a $10 fee and a $25 minimum deposit into the share savings account.

The credit union is federally insured by the NCUA (Charter # 14369). It has $75.0...

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