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. We have a deeply rooted history with our United States Air Force. Chartered in 1955, AAFCU was founded 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 our membership. In addition to our continued service to our military, we now serve the employees and students of 10 school districts and over 250 select employee groups (SEG) along with their family members.