Dec, 31, 2023 — AVENTA CREDIT UNION is a federally insured state chartered credit union headquartered in COLORADO SPRINGS, CO with 6 branch locations and about $274.65 million in total assets. Opened 67 years ago in 1957, AVENTA CREDIT UNION has about 34,571 members and employs 78 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
Name: | AVENTA CREDIT UNION |
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Address: (Main Office) | 2735 Dublin Blvd COLORADO SPRINGS, CO 80918-1360 |
Phone: | (719) 482-7600 |
Fax: | (719) 264-0636 |
Website: | https://www.aventa.com |
Branches: | 6 branch locations |
Members: | 34,571 |
Credit Union Type: | Federally Insured State Chartered Credit Union |
Charter Number: | 62755 |
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Membership Type: | State chartered natural person |
Corporate Credit Union: | No |
Year Opened: | 1957 |
Last Audited: | Nov 01, 2023 |
FHLB Member: | Yes |
Low Income Designation: | No |
Assets: | $274,651,588 |
CEO/Manager: | Gregory J Mills |
Chairperson: | Norman Andersson |
ASSETS: | $ Amount |
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Cash & Equivalents | 18,891,370 |
TOTAL INVESTMENTS | 0 |
Loans Held for Sale | 0 |
Real Estate Loans | 68,168,709 |
Unsecured Loans | 6,067,980 |
Other Loans | 159,315,528 |
TOTAL LOANS | 233,552,217 |
(Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -782,344 |
Land And Building | 4,585,077 |
Other Fixed Assets | 288,218 |
NCUSIF Deposit | 2,120,942 |
All Other Assets | 0 |
TOTAL ASSETS | 274,651,588 |
LIABILITIES & CAPITAL: | |
Dividends Payable | 0 |
Notes & Interest Payable | 10,000,000 |
Accounts Payable & Other Liabilities | 4,041,440 |
Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
Share Drafts | 43,456,101 |
Regular shares | 71,270,465 |
All Other Shares & Deposits | 122,725,893 |
TOTAL SHARES & DEPOSITS | 237,452,458 |
TOTAL LIABILITIES | 251,493,898 |
Regular Reserve | 0 |
Other Reserves | 1,329,981 |
Undivided Earnings | 21,827,709 |
TOTAL EQUITY | 23,157,690 |
TOTAL LIABILITIES, SHARES, & EQUITY | 274,651,588 |
INCOME & EXPENSE | |
Loan Income | 13,557,150 |
Investment Income | 866,757 |
Other Income | 1,351,930 |
Total Employee Compensation & Benefits | 5,721,173 |
NCUSIF Premiums Expense | 0 |
Total Other Operating Expenses | 6,341,290 |
Non-operating Income & (Expense) | 49,725 |
NCUSIF Stabilization Income | N/A |
Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,627,758 |
Cost of Funds | 4,149,524 |
NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
Net Income (Loss) | -658,480 |
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