Overview / Commentary
Westminster Federal Credit Union is headquartered in Westminster and is the 46th largest credit union in the state of Colorado. It is also the 2,370th largest credit union in the nation. It was established in 1960 and as of March of 2025, it had grown to 7 employees and 3,236 members at 1 location. Westminster Federal Credit Union has a B+ health rating.
Field of Membership Restrictions
Westminster Federal Credit Union is open to volunteers, full-time or part-time employees for the cities of Arvada, Wheat Ridge, or Westminster, Colorado, and those who work for APEX or Arvada Fire Protection District. Immediate family of existing credit union members, and members of the Consumers United Association are also eligible to join.
See current membership details
Health
B+
Data as of Q1 2025
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Westminster Federal Credit Union has a relatively low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 13842 |
| Year Chartered | 1960 |
| Employees | 7 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.22% |
| Return on Equity - YTD | -2.39% |
| Annual Interest Income | $549K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $54.6MM$49.2MM |
| Loans | Q1 2025vs Q1 2024 | $28.8MM$27.5MM |
| Deposits | Q1 2025vs Q1 2024 | $49.5MM$44.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $5MM$4.9MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $138K$142K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $68K$48K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |