Air Academy Federal Credit Union

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

Air Academy Federal Credit Union
TypeCredit Union
IndustryFinancial services
Founded1955
HeadquartersColorado 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
Websiteaafcu.com

In 2017, it dropped National Football League player Brandon Marshall, linebacker for the Denver Broncos, as a spokesperson because he kneeled during the playing of the national anthem on September 25, 2017.[2]

History

Chartered in October 1955, Air Academy Federal Credit Union (AAFCU) 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.

AAFCU is a federally chartered, not-for-profit, and member-owned financial institution. AAFCU is regulated by the National Credit Union Administration, a federal agency. Deposits at AAFCU 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, AAFCU's field of membership includes the employees, students, and families in the following school districts:

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

AAFCU Gives Back to the Community through Payback Piggy Program

References
  1. Credit Unions Online (1995–2012). "Air Academy Federal Credit Union". Credit Unions Online. Credit Unions Online. Retrieved 2 August 2012.
  2. "Sponsor Drops Brandon Marshall For Kneeling During National Anthem". The Newly Press Network. 2017-09-25. Retrieved 2017-09-26.
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