Aurora Schools Federal Credit Union
Aurora Schools Federal Credit Union is a mid-sized, federally-chartered credit union headquartered in Aurora, CO. The credit union operates 2 branches in 1 state (Colorado). It has $92.3 million in assets and roughly 7,500 members.
Products offered include: IRA CD, Jumbo Term CD, Regular Term CD, Money Market Shares, IRA Shares, Regular Shares, Prosperity Checking and Success Checking.
Current Aurora Schools Federal Credit Union Rates
| Name | Term | APY | Min Deposit | |
| IRA CD | 1 year | 0.50 % | $500 | |
| 2 years | 0.75 % | $500 | ||
| 3 years | 1.20 % | $500 | ||
| 4 years | 1.50 % | $500 | ||
| 5 years | 2.00 % | $500 | ||
| Jumbo Term CD | 6 months | 0.45 % | $50,000 | |
| 1 year | 0.65 % | $50,000 | ||
| 2 years | 0.90 % | $50,000 | ||
| 3 years | 1.35 % | $50,000 | ||
| 4 years | 1.65 % | $50,000 | ||
| 5 years | 2.15 % | $50,000 | ||
| Regular Term CD | 3 months | 0.20 % | $500 | |
| 6 months | 0.35 % | $500 | ||
| 1 year | 0.50 % | $500 | ||
| 18 months | 0.55 % | $500 | ||
| 2 years | 0.75 % | $500 | ||
| 30 months | 1.00 % | $500 | ||
| 3 years | 1.20 % | $500 | ||
| 4 years | 1.50 % | $500 | ||
| 5 years | 2.00 % | $500 |
Aurora Schools Federal Credit Union Membership Eligibility
You are eligible to join Aurora Schools Federal Credit Union if you have the following common bond:
- Public school employees who work in Aurora, Colorado - to include Aurora Public Schools and Cherry Creek School District
- Employees and students of private schools and colleges which are certified by the Colorado State Department of Education and located in Aurora, Colorado
- Members of the Student Government and other students of the Community College of Aurora, in Aurora, Colorado
- Spouses of persons who died while within the field of membership of this credit union;
- Employees of the Aurora Schools Federal Credit Union
- Persons retired as pensions or annuitants from the above employment
- Members of their immediate families
- Organizations of such persons
- Aurora Schools Students and their families
- Voting members of Consumers United Association in Arvada Colorado
About Aurora Schools Federal Credit Union
Aurora Schools Federal Credit Union was founded in 1961 by eight teachers dedicated to creating more benefits and unity within their Aurora Public Schools Community. They wanted to provide Aurora Public Schools staff with an opportunity to pool their resources to create loans for each other and benefit together from the collective income.
The credit union was organized on May 11, 1961, as the Aurora Public Schools Federal Credit Union. Operations took place in the garage of one of the founders and was only open from 4:15-6:15 p.m. Mondays, Tuesdays, Wednesdays and Fridays, and from 7 p.m. - 9 p.m. on Wednesdays. The eight teachers each put in $5, for a total pool of $40. The first loan was for $5. You can see from the hours that the teachers were not trying to compete with banks. But the APS staff stayed with the credit union because it had a higher meaning to form a community of resources for the better of the people they served.
At that time our field of membership was restricted to all regular employees of the Aurora Public School system in Aurora, Colorado. What started as a small organization with 8 school teachers and $40, has experienced tremendous growth, and we continue to see our membership grow to over 7,200 members and over $90 million in assets. We have also seen the number of branches grow in recent months. We opened our Highpoint Marketplace Branch on June 17, 2008, and we opened our Pickens Technical College Branch on August 26, 2008.