Elevations Credit Union Explained

Type:Credit union
Industry:Financial Services
Hq Location:Boulder, Colorado, United States
Num Locations:20
Area Served:Colorado
Key People:Gerry Agnes, President & CEO
Assets:$3.30 Billion (December 2022)
Members:176,299 (December 2022)
Num Employees:600
Website:https://www.elevationscu.com/

Elevations Credit Union is a not-for-profit credit union with over $3 billion in assets and more than 170,000 members.[1] [2] The credit union serves Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Delta, Denver, Douglas, Eagle, El Paso, Gilpin, Grand, Jefferson, Larimer, Mesa, Park, Summit and Weld counties. Elevations Credit Union is headquartered in Boulder Colorado.

Products and services include: checking and savings accounts, mortgage loans, credit cards, auto loans, home equity lines of credit, business loans, commercial lending and financial planning.

History

Elevations Credit Union was founded in 1952[3] as the University of Colorado Federal Credit Union in Boulder, with 12 members and less than $100 in assets. The credit union offered savings accounts and personal loans to faculty and staff at the University of Colorado Boulder.

In 2006, the name of the credit union changed to Elevations Credit Union. In 2012, the credit union expanded its field of membership to include Adams and Larimer Counties. In 2010, the credit union joined a partnership which finances renewable energy projects and energy efficiency upgrades for its members.[4] In 2015, its field of membership expanded to include Denver, Jefferson and Weld counties.

Membership

Anyone who lives or works in Adams, Arapahoe, Boulder, Broomfield, Clear Creek, Delta, Denver, Douglas, El Paso, Gilpin, Grand, Jefferson, Larimer, Mesa, Park and Weld counties in Colorado can open an account.[5] In addition, membership is open to students, faculty, staff and alumni association members of University of Colorado Boulder and Naropa University.

External links

Notes and References

  1. https://mapping.ncua.gov/CreditUnionDetails/68565
  2. Web site: New credit union replaces closed C-store, gas station. Pat Ferrier. August 23, 2016. December 1, 2016. Fort Collins Coloradoan.
  3. Web site: Elevations Credit Union to celebrate new Loveland office Saturday. February 27, 2014. Reporter-Herald. December 1, 2016.
  4. Book: Johnston, Sadhu. The Guide to Greening Cities. Island Press. 9781610913799. October 1, 2013.
  5. Web site: Open an Account. December 1, 2016.