Aventa Credit Union (CO) Offers 18-Month Add-On CD (3.04% APY)


Deal Summary: 18-month Ascent CD Special, 3.04% APY, $500 minimum deposit of new money, unlimited additional deposits.

Availability: Residents of nine south central Colorado counties.

The latest addition to the Aventa Credit Union (Aventa CU) product line is the 18-month Ascent CD Special (3.04% APY). This limited-time offer requires a minimum opening deposit of $500 of new money. Unlimited additional deposits are allowed throughout the term.

While the Ascent CD Special APY and add-on features are really good, I can’t say the same for Aventa CU’s customer service. After three frustrating phone calls and an unanswered email, I still don’t have definitive answers to some basic questions. (FYI – it was impossible to speak to a branch location: all phone calls go the a call center and they will not transfer you to a branch.)

There is an Account Agreement on Aventa CU’s website, but it’s filled with general legalese and doesn’t even mention Certificates. Here’s what I'm not sure about:

Early Withdrawal Penalty – I was told the EWP was 3%. When I asked “3% of what?”, I was told “That’s what’s listed on my sheet.” (3% just happens to be the dividend rate.) Another CSR said the EWP was “1 ½ years,” which seems extremely punitive. The third CSR didn’t know what an EWP was. I also don’t know if partial withdrawals are allowed, or if only an early closure is permitted.

Additional Deposits – I tried to confirmed the following statement from the landing page.

Reach your peak savings goal faster by ADDING ON
any amount at any time during the term of the CD

CSR #1 said any additional deposit needed to be at least $500 (coincidentally, $500 is the minimum opening deposit). CSR #2 stated there was no minimum or maximum dollar amount for additional deposits. CSR #3 wasn’t sure. All three CSRs agreed that unlimited deposits could be made at any time during the term.

All-in-all, a very frustrating and fruitless endeavor for me.


Headquartered in Colorado Springs, Aventa Credit Union’s field of membership (FOM) includes individuals who live or work in the Colorado counties of Alamosa, Chaffee, Custer, El Paso, Fremont, Huerfano, Pueblo, Saguache, or Teller.

Employees and volunteers of more than 50 Employer Groups and seven Partner Associations also qualify for membership.

Household members and relatives (parent, spouse, or child) of current Aventa CU members are welcome to apply.

Joining Aventa CU can be done online, or at any of six full-service Colorado branches located in Center, Colorado Springs (2), Crestone, Pueblo, and Saguache.

Opening an Ascent CD Special can be done at any of the above-mentioned branches, by phone (800.555.6665), or by email ([email protected]).

A Share Savings ($5 min) is required to establish your membership at Aventa Credit Union.

Aventa CU joined the CO-OP Share Branch and ATM Network about seven years ago.

With shared branching, credit unions from all over the country share facilities to give members thousands of convenient locations to perform transactions just as if they were in their home credit union.

Credit Union Overview

Aventa Credit Union has an overall health grade of "A+" at DepositAccounts.com, with a Texas Ratio of 2.29% (excellent) based on June 30, 2019 data. In the past year, Aventa CU has increased its total non-brokered deposits by $12.59 million, an excellent annual growth rate of 8.16%. Please refer to our financial overview of Aventa Credit Union (NCUA Charter # 62755) for more details.

Established in 1957 as the Colorado Springs Employees Credit Union, Aventa Credit Union is currently Colorado’s 17th largest credit union with more than 28,000 members and assets in excess of $199 million. The 2010 merger with Pueblo City Employees Federal Credit Union and the 2012 acquisition of Saguache County Credit Union helped the Credit Union maintain “a focus on the needs of municipal workers while seeing significant growth outside the city." It also prompted the Aventa rebrand.

According to a Credit Union Times article concerning the Saguache County CU acquisition,

In its weekend announcement, Aventa said it “has again absorbed a struggling financial institution in its continuing effort to keep credit union options alive in smaller Colorado communities.”

How the Ascent CD Special Compares

When compared to 180 similar length-of-term CDs tracked by DepositAccounts.com that require a similar minimum deposit and are available within the FOM, Aventa Credit Union's 18-month Ascent CD Special APY currently ranks first. The unlimited additional deposit feature only strengthens the CD’s competitiveness.

The above rates are accurate as of 9/6/2019.

To look for the best CD rates, either nationwide or state-specific, please refer to our CD Rates Table page.

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

  |     |   Comment #1
Sorry about the frustration, Ken. Really appreciate all the work you do.
  |     |   Comment #2
Ken is the Man!
  |     |   Comment #3
Yes, thank you for the warning. It's a red flag.
  |     |   Comment #4
Not a good sign if their customer service is poorly trained.
  |     |   Comment #5
It's asking for problems.
  |     |   Comment #6
I've dealt with this credit union in person using it as a shared branch, and I wouldn't trust their CSRs to do anything even slightly complicated.
  |     |   Comment #7
If Ken can't get a straight answer, what chance do we have?!
  |     |   Comment #8
You think Ken's some celebrity likely to be treated differently than the rest of us when he makes inquiry of an FI?

If incompetent phone reps disqualified an FI from receiving our funds then no one could ever place money anywhere.
  |     |   Comment #9
Yes, I absolutely think that Ken receives special/"celebrity" access to many FIs. Now and then, it is even written right here on DA that data for some table comes from a direct internal web link that the public cannot directly access.

I'm just glad that he uses this power/leverage to our collective benefit.
Aventa Credit Union Adds 30-Month CD Special
Deal Summary: 30-month Certificate Special, 3.04% APY, $5k minimum deposit, new money.

Availability: Residents of nine south central Colorado counties.

Over the weekend, Aventa Credit Union (Aventa CU) added a 30-month Certificate Special (3.04% APY). This limited-time offer requires a minimum deposit of $5k of new money, with no stated balance cap.

There is one statement in the fine print on the Rates page that caused me some concern:

CSR stated that the “rates may change” sentence is included in the fine print for all Aventa CU Certificates, indicating...

Continue Reading
Top Long-Term CD and IRA CD Rates at Aventa Credit Union in Colorado

Aventa Credit Union is offering some competitive long-term CD and IRA CD rates. They have Jumbo CDs with a $50K minimum which have the best rates. These include a 2.93% APY 5-year CD, a 2.27% APY 3-year CD and a 1.76% APY 2-year CD. The rates are 0.10% lower for a $10K minimum and 0.20% lower for a $500 minimum. These rates are listed in the credit union's CD rates page as of 2/21/2011.

According to the credit union's disclosure, CDs with terms over 1 year have a penaltly of either...

Continue Reading
6.00% 24-Month / 5.80% 18-Month CD at a Colorado CU (Colorado Springs).
Colorado Springs Credit Union is offering two high yield certificates: 6.00% APY 24-month and a 5.80% APY 18-month. The minimum deposit is $10,000. New money is required, and this does not apply to IRA's. This special doesn't seem to be listed at the credit union's website. It was advertised in the Colorado Springs Gazette. The ad is available online here.

You can be eligibility to join the credit union by being a member of Pikes Peak Arts Council, the Police Athletic League, Business of Arts Center, or the Asset Advisors Management...

Continue Reading

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.