Credit Unions Near Me
National Credit Union Service Organization

AERO FEDERAL CREDIT UNION

Mar, 31, 2021 — AERO FEDERAL CREDIT UNION is a federal credit union headquartered in Glendale, AZ with 8 branch locations and about $275.93 million in total assets. Opened 63 years ago in 1958, AERO FEDERAL CREDIT UNION has about 18,555 members and employs 53 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.


ABA Routing Number: 322172904
Name:AERO FEDERAL CREDIT UNION
Address:
(Main Office)
5811 W Talavi Blvd
Glendale, AZ 85306
Phone:(623) 334-4701
Fax:(623) 776-4731
Website:http://www.aerofed.net
Branches:8 branch locations
Members:18,555
Credit Union Type:Federal Credit Union
Charter Number:12164
Membership Type:Multiple common bond - Primarily other manufacturing
Corporate Credit Union:No
Year Opened:1958
Last Audited:Dec 01, 2020
FHLB Member:Yes
Low Income Designation:No
Assets:$275,934,933
CEO/Manager:Mike Moyes
Chairperson:Richard Clauer

Call Report

  • Credit Builder
  • Debt Cancellation/Suspension
  • Indirect Consumer Loans
  • Overdraft Lines of Credit
  • Overdraft Protection
  • Real Estate Loans
  • Risk Based Loans
  • Share Secured Credit Cards
  • ATM/Debit Card Program
  • Commercial Share Accounts
  • Check Cashing
  • Insurance/Investment Sales
  • International Remittances
  • Low Cost Wire Transfers

Financial Summary

» See also Statement of Financial Condition
ASSETS:$ Amount
Cash & Equivalents 38,101,825
TOTAL INVESTMENTS 53,916,829
Loans Held for Sale 0
 
 Real Estate Loans 21,491,511
 Unsecured Loans 9,898,001
 Other Loans 136,687,074
 TOTAL LOANS 168,076,586
 (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) -1,094,398
 Land And Building 3,064,917
 Other Fixed Assets 355,783
 NCUSIF Deposit 2,181,326
 All Other Assets 11,332,065
  TOTAL ASSETS 275,934,933
LIABILITIES & CAPITAL:  
 Dividends Payable 8,135
 Notes & Interest Payable 0
 Accounts Payable & Other Liabilities 1,421,521
 Uninsured Secondary Capital and Subordinated Debt Included in Net Worth 0
 Share Drafts 50,283,501
 Regular shares 112,000,291
 All Other Shares & Deposits 77,625,746
  TOTAL SHARES & DEPOSITS 239,909,538
  TOTAL LIABILITIES 241,339,194
 Regular Reserve 3,074,938
 Other Reserves 0
 Undivided Earnings 31,520,801
  TOTAL EQUITY 34,595,739
  TOTAL LIABILITIES, SHARES, & EQUITY 275,934,933
INCOME & EXPENSE  
 Loan Income 1,569,246
 Investment Income 144,534
 Other Income 147,052
 Total Employee Compensation & Benefits 969,545
 NCUSIF Premiums Expense 0
 Total Other Operating Expenses 864,326
 Non-operating Income & (Expense) 80,952
 NCUSIF Stabilization Income N/A
 Provision for Loan/Lease Losses or Total Credit Loss Expense 7,200
 Cost of Funds 69,753
 NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM N/A
Net Income (Loss) 324,095
↑ Back to Top

Other Credit Unions

JACL CREDIT UNION
5414 W GLENN DR
GLENDALE, AZ 85301-2628
SHAMROCK FOODS FEDERAL CREDIT UNION
2926 W ENCANTO BLVD
PHOENIX, AZ 85009
U-HAUL FEDERAL CREDIT UNION
P O BOX 21506
PHOENIX, AZ 85036
ALHAMBRA CREDIT UNION
7339 N 35th Ave
PHOENIX, AZ 85051
BANNER FEDERAL CREDIT UNION
9321 W Thomas Rd, Ste 125
PHOENIX, AZ 85037-3389
MARISOL FEDERAL CREDIT UNION
PO Box 20525
PHOENIX, AZ 85036
CANYON STATE CREDIT UNION
15458 N 28th Ave
PHOENIX, AZ 85053
CREDIT UNION WEST
PO Box 7600
GLENDALE, AZ 85312
SUNWEST FEDERAL CREDIT UNION
11839 N 28TH DRIVE
PHOENIX, AZ 85029
ONEAZ CREDIT UNION
2355 W PINNACLE PEAK RD
PHOENIX, AZ 85027-1280