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9053 Harlan St Ste 10
Westminster, CO 80031-2908

Westminster Credit Union is headquartered in Westminster and is the 50th largest credit union in the state of Colorado. It is also the 2,844th largest credit union in the nation. It was established in 1960 and as of March of 2014, it had grown to 8 employees and 3,836 members. Westminster Credit Union has a B+ health rating.

Field of Membership Restrictions

Must be a volunteer, full-time or part-time employee for the cities of Westminster, Arvada or Wheat Ridge, Colorado. Also open to members of the Consumers United Association. - See Details

Reviews (1)

My Review Of WFCU

I've been a member for about 18 years and never had a single problem.  This credit union and it's friendly employees are the best I've ever experienced!  All of the employees have always treated me like I am the "Customer of the Year".  I have always recommended this credit unon to others and always will.   A special "Thank you" goes out to all employees and a special "Thanks" goes to John, the credit union president!   I wish other banks could do half of what these special people do!

Jim Everett


Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Westminster Credit Union has a low asset base.

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 Westminster Credit Union had $52,000 in non-current loans and owned real-estate with $3.39 million in equity and loan loss allowances on hand to cover it. This gives Westminster Credit Union a Texas Ratio of 1.53% 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 Westminster Credit Union decreased dramatically from 4.75% as of March 31, 2013 to 1.53% as of March 31, 2014, resulting in a positive change of 67.76%.This indicates that the balance sheet and financial strength for Westminster Credit Union has improved dramatically in recent periods.

Deposit Growth


In the past year, Westminster Credit Union has increased its total deposits by $631,000, resulting in 2.18% 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 Westminster 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. Westminster Credit Union has $32.88 million in assets with $3.39 million in equity, resulting in a capitalization level of 10.32%, which is above average.

Institution Statistics

NCUA #13842
Year Chartered1960
Primary Regulator
Assets and Liabilities
Assets$32.88 million
Loans$19.78 million
Deposits$29.61 million
Equity Capital$3.21 million
Loan Loss Allowance$182,000
Unbacked Noncurrent Loans$52,000
Real Estate Owned$0
Historic Data - March 2013
Assets$32.23 million
Equity Capital$3.15 million
Loan Loss Allowance$258,000
Unbacked Noncurrent Loans$52,000
Real Estate Owned$0
Profit Margin - Quarterly
Return on Assets0.19%
Return on Equity1.99%
Interest Income$293,000

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

Westminster Credit Union Savings Account Rates

0.25%--Education IRA
0.20%--Traditional IRA
0.20%--Roth IRA
0.07%--Christmas Savings
0.07%--Youth Savings
0.07%--Vacation Savings
0.05%--Share Savings

Westminster Credit Union Money Market Rates

0.15%$25k$50kMoney Market Accounts

Westminster Credit Union Checking Account Rates

0.05%--Checking Account

Westminster Credit Union CD Rates

0.85%$10k-36 Month CD Jumbo CD
0.80%$1k-36 Month CD
0.55%$1k-24 Month CD
0.55%$10k-12 Month CD Jumbo CD
0.50%$1k-12 Month CD
0.25%$500-6 Month CD
0.15%$500-3 Month CD

Westminster Credit Union IRA Rates

1.50%--5 Year IRA CD
0.90%--3 Year IRA CD
0.65%--2 Year IRA CD
0.55%--1 Year IRA CD

Westminster Credit Union Locations
Branch Office9053 Harlan St Ste 10Westminster, CO 80031-2908
Branch Office4800 W 92nd AveWestminster, CO 80031-6387