The Crestone Eagle • March, 2013 • Page B-7
Aventa Credit Union. . . In Your Interest
Aventa has made a commitment to continue to communicate with Saguache County on a monthly basis through The Crestone Eagle. Look for informational articles, promotional announcements and comments from the President/CEO of Aventa Credit Union. With the intent to keep open communication as to Aventa’s direction in Saguache County, we encourage you to email us your financial topics of interests, questions or comments to feedback@aventa.com.
Consolidated Financial Condition December 31, 2012 and 2011
ASSETS
December 31, 2012
December 31, 2011
$117,207,298 ($1,524,502) $115,682,796
$108,003,240 ($2,120,245) $105,882,995
Cash and Investments $27,441,596 Fixed Assets $3,986,896 National CU Share Insurance Fund Deposit $1,241,340 Other Assets $3,540,428 Total Assets $151,893,056
$21,804,608 $3,400,023 $1,216,406 $2,683,504 $134,987,536
Total Loans Less Allowance Loan Losses Net Loans
LIABILITIES, DEPOSITS AND EQUITY Total Liabilities Total Deposits Total Equity
$2,750,371 $136,395,935 $12,746,750
$1,299,069 $122,171,239 $11,517,227
$8,168,104 ($937,392) $7,230,712
$7,918,649 ($1,208,108) $6,710,541
$1,624,492 ($6,830,097) ($364,003) ($425,686) $1,235,418
$1,484,812 ($5,931,700) ($1,380,221) ($146,194) $737,238
INCOME AND EXPENSES Total Interest Income Total Interest Expense Net Interest Income Total Non-Interest Income Total Non-Interest Expense Provision for Loan Loss Non-Operating Expenses Net Income
S
implify Your Life with a KISS Aventa’s Keep It Simple Signature (KISS) Loan can help you consolidate debt, pay for home improvements or take a dream vacation. We offer flexible terms with rates as low as 7.49% APR* and unlike credit cards, when you consolidate your debt with a Signature Loan, you know exactly when your loan will be paid off. Apply now and you will be entered** into a drawing for a chance to win a $200 King Soopers Gift Card. Plus you will receive a FREE CREDIT REPORT which we will review with you. To apply, visit aventa.com or call 800.555.6665.
*APR=Annual Percentage Rate. For a $10,000 Signature Loan for a term of 60 months with a 7.49%APR, the monthly payment will be $200.33. Equal Opportunity Lender. Federally Insured by NCUA. All loans subject to approval. Rates, terms and conditions depend on qualifications. Must be a member or qualify for membership to receive a loan. ** You are entered into the drawing upon funding of loan. Visit aventa.com for rules and eligibility. Special offer ends 04.30.13.
Have You Heard? Aventa has some of the best IRA certificate rates around! Take for example, Aventa’s 60-month Certificate rate, we beat our competition in Saguache County. But hurry! This great rate won’t last long! Call us today at 800.555.6665. Institution Bank A Bank B Aventa
Term 60 Months 60 Months 60 Months
*APY = Annual Percentage Yield. APY is accurate as of 02.15.2013. Please call 800.555.6665 for current rates. Rates subject to change without notice. $10,000 minimum deposit. Penalty for early withdrawal. Must be a member or qualify for membership. Aventa is not associated with or acting on behalf of Bank A or Bank B. Federally Insured by NCUA.
aventa.com 800.555.6665 Center Crestone Moffat Colorado Springs Pueblo Federally Insured by NCUA.
APY* 1.25% 1.21% 1.51%