Air Academy Federal Credit Union

Last updated
Air Academy Credit Union
Type Credit Union
Industry Financial services
Founded1955
Headquarters Colorado Springs
Area served
Colorado
Key people
Glenn Strebe,CEO
ProductsSavings Accounts, Checking Accounts, Mortgage Loans, Car Loans, and Online Banking.
Total assets $800M
Number of employees
150
Website[https://www.aacu.com/

Air Academy Credit Union is a credit union in Colorado, United States. AACU provides comprehensive financial products and services, and online financial management systems. AACU has eight branch locations. It has over $800 million US in assets and over 49,000 members worldwide. [1]

Contents

History

Chartered in October 1955, Air Academy Credit Union (AACU) was originally created to serve the cadets, officers, and civilians of the newly established United States Air Force Academy at Lowry Air Force Base. As the Air Force Academy grew and evolved, so did its membership. Today, they not only serve all active and retired military service members and their families, but they also serve employees, students and families of 10 school districts and hundreds of local businesses (also called select employee groups (SEGs)) and their family members.

AACU is a federally chartered, not-for-profit, and member-owned financial institution. AACU is regulated by the National Credit Union Administration, a federal agency. Deposits at AACU are insured to at least $250,000 per account and are backed by the full faith and credit of the United States Government.

Field of membership

In addition to serving all active and retired United States military members, AACU's field of membership includes the employees, students, and families in the following school districts:

AACU also serves hundreds of select employee groups and local businesses in the state of Colorado.

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References

  1. Credit Unions Online (1995–2012). "Air Academy Federal Credit Union". Credit Unions Online. Credit Unions Online. Retrieved 2 August 2012.