Elevations

Elevations Credit Union was founded in 1952 as the University of Colorado Federal Credit Union, beginning with just 12 members and under $100 in assets. The organization has grown substantially over seven decades, rebranding to Elevations Credit Union in 2006 and progressively expanding its field of membership from the Boulder area to serve 18 Colorado counties plus university-affiliated populations. 3 billion in total assets as of December 2022.

Elevations offers a comprehensive suite of consumer and business financial products. Members can access traditional banking services including checking and savings accounts, along with lending products such as mortgage loans, auto loans, credit cards, and home equity lines of credit. The credit union also provides business loans, commercial lending services, and financial planning assistance.

This breadth of services positions it as a full-service financial institution rather than a specialty lender. The credit union distinguishes itself through its not-for-profit structure, which returns earnings to members rather than external shareholders. Notably, Elevations has demonstrated commitment to sustainability and community impact—in 2010 it joined a partnership financing renewable energy projects and energy efficiency upgrades for members.

Membership eligibility is geographically broad across Colorado's Front Range and mountain communities, plus targeted access for University of Colorado Boulder and Naropa University affiliates. As a credit union, Elevations prioritizes member ownership and democratic governance. However, potential members should note that membership eligibility is restricted to specific Colorado counties or university affiliations—unlike national banks, you cannot open an account from outside the service area.

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