Get Involved in Your Credit Union – Call for Nominations 2020

CREDIT UNION OF DENVER’S 2020 ELECTION OFFICIAL CALL FOR NOMINATIONS Why should you volunteer? As a member of the Credit Union of Denver you are an owner of a Financial Institution with over $800,000,000 in assets. The goals and direction of the Credit Union are determined by a volunteer elected Board of Directors, Supervisory Committee, and Credit Committee. The success and future continuation of the Credit Union depends on having members who are interested and willing to work for the credit union in volunteer positions. In their own words: What... Read More

Holidays are Rich with Teachable Moments

Share life lessons every chance you can Wise parents know that you’re teaching your kids even when you’re not teaching your kids. For example, you don’t begin to teach your daughter to drive the day she receives her temporary driving permit. She’s been learning how to drive, watching you, every time she ridden in your car for the last 16 years. Teaching your kids good life skills, particularly managing money, works the same way. Show them how to spend wisely, save, and determine if a product is worth the price. During... Read More

Track Santa with NORAD!

NORAD Has Launched Its Santa Tracker for Christmas! Courtesy of K. Shriver 12/16/19 Get the lowdown on the big man in red’s whereabouts with the help of NORAD’s Santa Tracker website. Though we’re halfway through the month of December and Christmas is nearly a week away, the North American Aerospace Defense Command (NORAD), located in Colorado Springs, Colorado, is ready to kick off the holiday season with its Santa Tracker website. This tradition, which is more than 60 years in the making, allows kiddos of all ages to check in on... Read More

Gift Giving on a Budget

6 Ways to Handle Gift Giving on a Tight Budget While it may be better to give than to receive, sometimes, giving hurts. If you’ve ever looked at your checking account just before the holidays (or right before a slew of family birthdays), you know what I’m talking about. Even the most generous of people can feel a pinch when the expense of giving ends up eating into next month’s grocery bill. The reality is, most people have been there. If your college years were particularly tight, or if you’ve... Read More

‘Tis the Season…

‘Tis the Season… For Fraud Date: November 14, 2019 Black Friday, Cyber Monday and last minute holiday shopping oh my! This time of the year typically brings frequent online and in-store purchases. Whether its through a mobile app, on a website, or in-person, be aware and diligent about who you are purchasing goods and services from. Some of the latest scams include: E-skimming: Scammers exploit weak links on an e-commerce platform. In many cases, a consumer can be re-directed to a malicious domain where the skimming code can capture the... Read More

The Secret Behind the Chick-fil-A Sauce

The Saucy Secret Behind the Legendary ‘Chick-fil-A Sauce’ Photo Courtesy of Chick-fil-A An operator of a Chick-fil-A in Fredericksburg, Virginia, created this liquid gold in 1983—by accident. Known for inventing the chicken sandwich, Chick-fil-A also holds the title of the No. 1 fast-food restaurant chain in the U.S. Now, their famous Chick-fil-A Sauce is the No. 1 dipping sauce, and it was developed by accident in Fredericksburg, Virginia. Hugh Fleming first became familiar with Chick-fil-A when a former roommate from the University of Georgia became a franchise operator. Later, he met Chick-fil-A founder Truett... Read More

October is Cyber Tech Security Month – 4 Simple Steps for Safety

Four Simple Steps to Staying Secure Making the most of technology safely and securely can seem overwhelming and confusing. However, regardless of what technology you are using or how you are using it, here are four simple steps that will help you stay secure. Unfortunately, technology itself cannot protect you from hackers. Many hackers are now attempting to target you rather than your computer or electronic device. They try to achieve this through deception and trickery. For example, they might call you pretending to be Microsoft tech support, claiming that... Read More

Protect Accounts By Being Informed

One of our main goals is to keep your account safe from fraud. One of the best ways we can do this is to inform our members about prevalent scams. We would like to bring awareness to scams we have noticed becoming more common and widespread. One specific scam we have witnessed is the Secret Shopper Scam. This scam typically begins as an email or a pop-up on your computer from a well-known retailer asking if you would like to make some additional money secret shopping their stores. This seems... Read More

12 Common Financial Mistakes to Avoid

Credit Union of Denver Financial Tips Just as to-do lists can be a key part of planning, do-not-do lists can be helpful reminders to avoid mistakes that others have made. 1. Impulse investing. Avoid investing based on a whim or a tip. Don’t invest a certain way just because a friend or colleague does. Instead, be thoughtful and strategic. 2. Lacking an overall plan or strategy. Don’t look a financial decisions in isolation. Think about how they affect or are affected by other elements. For example, when deciding on your... Read More

Too Young to Think About Investing? Think Again…

“How did it get so late so soon?” — Dr. Seuss Dr. Seuss’s simple but powerful words continue to resonate today, even in the context of planning for a financially secure future. Because when you get right down to it, the younger you are, the more potential you have to gain, by taking advantage of the time ahead of you. For example: Let’s say you started investing $100 per month. Assume over time you earn an average of 6% interest per year. The chart below shows how much money you’d... Read More