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3700 E Alameda Ave
Denver, CO 80209

Westerra Credit Union is headquartered in Denver and is the 5th largest credit union in the state of Colorado. It is also the 160th largest credit union in the nation. It was established in 1934 and as of March of 2014, it had grown to 208 employees and 87,481 members. Westerra Credit Union has a A+ health rating.

Field of Membership Restrictions

Must live or work in Adams, Arapahoe, Denver, Douglas or Jefferson County or the City of Aurora. Also open to employees and students of Denver Public Schools and Jeffco Public Schools. - See Details

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Reviews (1)

Very Poor Service

I have been with Westerra Credit union for over 5 years.  Over this time I have observed the following - their staff are the most poorly trained of any CU or bank where I have had business.  I always get the impression at several of thier banks that the tellers are constantly scrutinizing and checking out the customers.  They are often rude, always unprofessional, and seem to engage in personal behaviour which is a BIG putoff for me as a customer who walks in briefly to make a deposit.  Here are several examples : I walked in with a check and some loose pocket change and I was asked to step aside and count it out and hand it to the teller, while she was sitting comfortably in airconditioning.  Some of the female tellers like to stare down at customers and leave the impression that they are evaluating their prejudices of customers are they do bank business.  One teller took my check ( a hefty $ 800 + ) and deposited into another customers account.  I found out after I walked out of the branch and looked at the receipt.  There was no apology from the teller.  They are trained not to appear cheerful - many of them are sullen and behave like they just awoke.  Recently, I walked into to a cubicle to ask for a pen (none outside in the lobby) and I got a lingering hateful stare by the occupant.  This did it for me and I am planning to move my business elsewhere asap.


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 Westerra Credit Union had $4.31 million in non-current loans and owned real-estate with $160.26 million in equity and loan loss allowances on hand to cover it. This gives Westerra Credit Union a Texas Ratio of 2.69% 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 Westerra Credit Union experienced no significant changes from 1.86% as of March 31, 2013 to 2.69% as of March 31, 2014, resulting in a negative change of 44.95%. This indicates that the balance sheet and financial strength for Westerra Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Westerra Credit Union has increased its total deposits by $26.41 million, resulting in 2.59% 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 Westerra Credit Union has shown is above average.



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. Westerra Credit Union has $1.27 billion in assets with $160.26 million in equity, resulting in a capitalization level of 12.59%, which is excellent.

Institution Statistics

NCUA #65788
Year Chartered1934
Primary Regulator
Assets and Liabilities
Assets$1.27 billion
Loans$798.98 million
Deposits$1.05 billion
Equity Capital$153.73 million
Loan Loss Allowance$6.54 million
Unbacked Noncurrent Loans$4.17 million
Real Estate Owned$146,000
Historic Data - March 2013
Assets$1.25 billion
Equity Capital$147.11 million
Loan Loss Allowance$8.96 million
Unbacked Noncurrent Loans$4.17 million
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.07%
Return on Assets0.72%
Return on Equity5.96%
Interest Income$9.71 million

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

Westerra Credit Union Savings Account Rates

0.05%$100-Regular Savings
0.05%--Holiday Club
0.05%--IRA Savings
0.05%--Roth IRA Savings
0.05%--CESA Savings

Westerra Credit Union Money Market Rates

0.30%$100k-Preferred Money Market Account
0.15%$25k-Money Market

Westerra Credit Union Checking Account Rates

0.15%$25k-Preferred Checking

Westerra Credit Union CD Rates

1.50%$500-60 Month CD
1.10%$500-48 Month CD
0.90%$500-36 Month CD
0.60%$500-24 Month CD
0.40%$500-12 Month CD
0.20%$500-6 Month CD
0.15%$500-3 Month CD

Westerra Credit Union IRA Rates

1.50%$500-60 Month IRA
1.10%$500-48 Month IRA
0.90%$500-36 Month IRA
0.60%$500-24 Month IRA
0.40%$500-12 Month IRA
0.20%$500-6 Month IRA
0.15%$500-3 Month IRA

Westerra Credit Union Locations
Branch Office98 N Wadsworth Blvd #130Lakewood, CO 80226
Branch Office3700 E Alameda AveDenver, CO 80209
Branch Office7270 W 88th AveArvada, CO 80003
Branch Office14305 E Alameda AveAurora, CO 80012
Branch Office355 Union BlvdLakewood, CO 80228
Branch Office5698 S Himalaya St Unit BCentennial, CO 80015
Branch Office8174 S Kipling Pkwy Unit 190Littleton, CO 80127
Branch Office3700 Quebec St Unit 102Denver, CO 80207