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Overview / Commentary
800-279-3288
9305 W ALAMEDA AVE
LAKEWOOD, CO 80226

Credit Union Of Denver is headquartered in LAKEWOOD and is the 7th largest credit union in the state of Colorado. It is also the 390th largest credit union in the nation. It was established in 1931 and as of March of 2014, it had grown to 119 employees and 55,296 members. Credit Union Of Denver's savings rates are 4X the national average, and it boasts a A+ health rating.

Field of Membership Restrictions

Must live or work in Jefferson County. Also open to those who work for federal govenrment agency or certain other associations or businesses. - See Details

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Credit Union Of Denver had $1.43 million in non-current loans and owned real-estate with $67.16 million in equity and loan loss allowances on hand to cover it. This gives Credit Union Of Denver a Texas Ratio of 2.13% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Credit Union Of Denver experienced no significant changes from 2.35% as of March 31, 2013 to 2.13% as of March 31, 2014, resulting in a positive change of 9.71%.This indicates that the balance sheet and financial strength for Credit Union Of Denver has had no significant changes in recent periods.

Deposit Growth

GRADE:
A

In the past year, Credit Union Of Denver has increased its total deposits by $16.51 million, resulting in 3.28% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Credit Union Of Denver has shown is excellent.

Capitalization

GRADE:
A

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Credit Union Of Denver has $585.64 million in assets with $67.16 million in equity, resulting in a capitalization level of 11.47%, which is excellent.

Institution Statistics

Overall
NCUA #64342
Year Chartered1931
Employees119
Primary Regulator
Assets and Liabilities
Assets$585.64 million
Loans$326.56 million
Deposits$519.51 million
Equity Capital$63.13 million
Loan Loss Allowance$4.04 million
Unbacked Noncurrent Loans$1.43 million
Real Estate Owned$0
Historic Data - March 2013
Assets$565.84 million
Equity Capital$60.50 million
Loan Loss Allowance$3.29 million
Unbacked Noncurrent Loans$1.43 million
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.82%
Return on Equity7.58%
Interest Income$4.77 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Credit Union Of Denver, we are a rate comparison website and can not provide official rates or promotions.

Credit Union Of Denver Savings Account Rates

DetailsAPYMINMAXPRODUCT
2.01%-$1kMax Club Youth Savings Account
0.30%$100k-Coverdell Education Savings Accounts
0.30%$100k-Individual Retirement Accounts
0.15%--Holiday Club Account
0.11%--Prime Share Savings Account - Without Insurance
0.11%$2k-Prime Share Savings Account - With Insurance
0.11%--Uniform Transfer to Minors Account
0.11%--Special Share Savings Account
0.11%--Secured Card Share Savings Account

Credit Union Of Denver Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Money Market Accounts

Credit Union Of Denver Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.10%$1k-Checking with Interest

Credit Union Of Denver CD Rates

DetailsAPYMINMAXPRODUCT
1.55%$10k-5 Year Certificate
1.25%$1k-4 Year Certificate
0.90%$5k-13 Month Certificate Special
0.75%$1k-2 1/2 Year Certificate
0.65%$1k-2 Year Certificate
0.60%$50k-1 Year Jumbo Certificate
0.55%$1k-18 Month Certificate
0.50%$1k-1 Year Certificate
0.50%$50k-270 Day Jumbo Certificate
0.45%$25-24 Month Starter Certificate
0.40%$50k-180 Day Jumbo Certificate
0.30%$50k-90 Day Jumbo Certificate
0.25%$5k-6 Month Certificate
0.25%$50k-60 Day Jumbo Certificate
0.25%$25-12 Month Starter Certificate
0.20%$10k-3 Month Certificate
0.20%$50k-30 Day Jumbo Certificate

Credit Union Of Denver IRA Rates

DetailsAPYMINMAXPRODUCT
1.55%$1k-5 Year IRA Certificate
1.55%$1k-7 Year IRA Certificate
0.75%$1k-2 1/2 Year IRA Certificate
0.50%$1k-1 Year IRA Certificate
0.25%$1k-6 Month IRA Certificate
Locations


Credit Union Of Denver Locations
Branch Office1 DENVER FEDERAL CTR BUILDING 67 ROOM 100LAKEWOOD, CO 80225
Branch Office9305 W ALAMEDA AVELAKEWOOD, CO 80226
Branch Office900 AURARIA PKWY UNIT 263DENVER, CO 80204-5800