Pikes Peak Credit Union is headquartered in Colorado Springs and is the 30th largest credit union in the state of Colorado. It is also the 1,653rd largest credit union in the nation. It was established in 1932 and as of June of 2024, it had grown to 19 employees and 9,917 members at 2 locations. Pikes Peak Credit Union's CD rates are 5X the national average, and it has an A health rating.
Field of Membership Restrictions
Membership in Pikes Peak Credit Union is open to all Colorado residents through membership in the Consumers United Association. Membership is also open to those who live or work in Woodland Park and employees of the U.S. Postal Service, El Paso County, Teller County, Cripple Creek/Victor Gold Mine, Sturman Industries, Manitou Public Schools, Miami/Yoder Schools, South Park Schools, Big Sandy School District and Cripple Creek/Victor Schools.
See current membership details
Terrible Customer Service And Webservice
I recently financed a convertible as my summer/fall vehicle, It was so difficult to work with them in terms of insurance, I don't believe they understand coverages, I advised I can have comp while in winter along with the DMV affidavit but they will enforce insurance on your toys even though your are not using them, on top of that, the 3rd party administrator they use does not verify the information updated, it was a horrible experience, they webpage is slow, and has a lot of bugs to log in, very tricky you cannot even make payments on the web, I will not advise this financial institution to no one. I paid my loan sooner just not to deal with them.
Poor Customer Service
I refinanced my car through this company and I hate dealing with them. They are very rude every time I have to deal with them.... I do not recommend them. BTW this is the first time I have ever worked with a Credit Union. (Never again)
Data as of Q2 2024
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 68266 |
| Year Chartered | 1932 |
| Employees | 19 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.94% |
| Return on Equity - YTD | 8.83% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2024vs Q2 2023 | $121.4MM$115.8MM |
| Loans | Q2 2024vs Q2 2023 | $83.4MM$87.9MM |
| Deposits | Q2 2024vs Q2 2023 | $108.3MM$103.9MM |
| Equity Capital | Q2 2024vs Q2 2023 | $12.8MM$11.7MM |
| Loan Loss Allowance | Q2 2024vs Q2 2023 | $623K$572K |
| Unbacked Noncurrent Loans | Q2 2024vs Q2 2023 | $574K$484K |
| Real Estate Owned | Q2 2024vs Q2 2023 | $0$0 |