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Overview / Commentary
2300 55th St
Boulder, CO 80301-2807

Elevations Credit Union is headquartered in Boulder and is the 3rd largest credit union in the state of Colorado. It is also the 138th largest credit union in the nation. It was established in 1952 and as of March of 2014, it had grown to 313 employees and 103,386 members. Elevations Credit Union has a A+ health rating.

Field of Membership Restrictions

Anyone in Colorado is eligible to join the credit union, but it appears you would still need a branch visit to qualify for the promotion. According to the credit union's membership page: "If you live in Colorado you can join via a membership in Consumers United Association. A $5.00 membership fee gives you eligibility to join Elevations Credit Union." You can be eligble to join the credit union without the association membership if you live or work in Boulder County, Broomfield County, or surrounding areas. Refer to the membership page for the full details. Credit union membership requires a $25 minimum deposit into a savings account. - See Details

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Reviews (1)

Dumping Them After 25 Years

25 year credit union customer but I have recently dumped them entirely: Banking, Credit Cards, Loans, and Safe Deposit.

Recently (Nov 2011), they sold all customer personal financial data to Inuit without customer consent for their new online banking portal. Not only is the online banking even worse than before but Intuit owns your financial data and you get to look at ads for Intuit services in your online banking!

Final straw was a botched bill payment. When I called to ask about it they said bill pay is now handled by a third party but I couldn't talk to that third party and there was nothing they could do to resolve the situation.

When I pulled my money out the VP of online services called me to talk about it. I asked why the online banking was so much worse. Bottom line... they only test for and support for IE and one ancient version of FireFox. That was all I needed to hear. Run away as fast as you can.


Data for Q1 2014

Institution Health


Texas Ratio


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 Elevations Credit Union had $3.01 million in non-current loans and owned real-estate with $133.78 million in equity and loan loss allowances on hand to cover it. This gives Elevations Credit Union a Texas Ratio of 2.25% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Elevations Credit Union decreased dramatically from 3.87% as of March 31, 2013 to 2.25% as of March 31, 2014, resulting in a positive change of 41.88%.This indicates that the balance sheet and financial strength for Elevations Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Elevations Credit Union has increased its total deposits by $75.56 million, resulting in 6.48% 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 Elevations Credit Union has shown is excellent.



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. Elevations Credit Union has $1.4 billion in assets with $133.78 million in equity, resulting in a capitalization level of 9.54%, which is above average.

Institution Statistics

NCUA #68565
Year Chartered1952
Primary Regulator
Assets and Liabilities
Assets$1.40 billion
Loans$732.83 million
Deposits$1.24 billion
Equity Capital$128.61 million
Loan Loss Allowance$5.18 million
Unbacked Noncurrent Loans$3.01 million
Real Estate Owned$0
Historic Data - March 2013
Assets$1.32 billion
Equity Capital$122.62 million
Loan Loss Allowance$5.01 million
Unbacked Noncurrent Loans$3.01 million
Real Estate Owned$111,000
Profit Margin - Quarterly
Net Interest Margin1.09%
Return on Assets0.63%
Return on Equity6.87%
Interest Income$10.37 million

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

Elevations Credit Union Savings Account Rates

0.25%--HSA Checking
0.15%$100-IRA Savings
0.15%$100-ESA Savings
0.05%$25-Savings Account
0.05%--Rags to Riches Club Savings Account

Elevations Credit Union Money Market Rates

0.35%$100k-Jumbo Money Market
0.30%$50k-Premier Money Market
0.25%$75k-FlexTier Money Market
0.25%$25k-Select Money Market

Elevations Credit Union Checking Account Rates

0.10%$10k-eStyle Checking
0.10%$10k-Dividend Checking

Elevations Credit Union CD Rates

1.40%$500-60 Month CD
1.40%$100k-Jumbo 60 Month CD
1.40%$100-60 Month HSA
1.40%$100k-Jumbo 60 Month HSA
1.10%$500-48 Month CD
1.10%$100-48 Month HSA
0.90%$500-36 Month CD
0.90%$100-36 Month HSA
0.60%$500-24 Month CD
0.60%$100k-Jumbo 24 Month CD
0.60%$100-Rags 24 Month CD
0.60%$100-24 Month HSA
0.60%$100k-Jumbo 24 Month HSA
0.50%$500-18 Month CD
0.50%$100-18 Month HSA
0.40%$500-12 Month CD
0.40%$100k-Jumbo 12 Month CD
0.40%$100-Rags 12 Month CD
0.40%$100-12 Month HSA
0.40%$100k-Jumbo 12 Month HSA
0.25%$500-6 Month CD
0.25%$100k-Jumbo 6 Month CD
0.25%$100-6 Month HSA
0.25%$100k-Jumbo 6 Month HSA
0.15%$500-3 Month CD
0.15%$100-3 Month HSA

Elevations Credit Union IRA Rates

1.40%$100-60 Month IRA
1.40%$100k-Jumbo 60 Month IRA
0.60%$100-24 Month IRA
0.60%$100k-Jumbo 24 Month IRA
0.40%$100-12 Month IRA
0.40%$100k-Jumbo 12 Month IRA
0.25%$100-6 Month IRA
0.25%$100k-Jumbo 6 Month IRA

Elevations Credit Union has 11 locations. Click to view all Elevations Credit Union locations.