Credit Union of Denver – Annual Report 2017

Credit Union of Denver’s Annual Report As a member, you have voting rights to determine who will serve on your Board of Directors for Credit Union of Denver. This year we held an election and the results have been posted. At our Annual Meeting, that was held on May 5th, our President, Keith Cowling, provided a summary of the credit union’s wellbeing for 2017. The results of our year have been captured in our Annual Report.  

What’s Better than Free? Getting Paid!

Here it is! The last checking account you’ll ever need! You’ve seen and heard all the different banks and credit unions advertising their checking accounts. They ask you to have $500 in minimum direct deposits, carry huge balances you don’t have and jump through major hoops. Well, we have good news! Credit Union of Denver is proud to announce an amazing new checking account that only requires a small initial effort to receive a maximum pay out! The C∙U∙D Cashback Rewards Checking Account benefits are: No Minimum Balance No Monthly... Read More

Our Members Voted – the results are in!

2018 Election Results! There were 803 valid ballots for the varied positions up for election or re-election this year. Here is a description of the basic functions of the Board of Directors, Supervisory and Credit Committees. Board of Directors Board members are responsible for establishing policies for the credit union operations and activities. They provide leadership through sound judgment in business and financial matters involving members and the community. The Board of Directors meet once a month and occasionally an additional meeting may be called for special matters. The Supervisory... Read More

Successful Shred Event

Last Saturday, April 28th, was our popular annual Shred Event. It was a tremendous success! During our 3 hour event, we were visited by approximately 400 members who provided nearly 24,000 pounds worth of documents that were shredded by our associates at Iron Mountain. This was a free event, but we collected donations for our friends at Foothills Animal Shelter. We were able to raise a donation of $296.25! This event continues to get bigger and bigger each year. We experienced a 33% increase in volume of cars and shred... Read More

Annual Meeting

Be a Part of Your Credit Union As a member, you have voting rights to determine who will serve on your Board of Directors for Credit Union of Denver. This year we held an election and the results are in! Join us for our Annual Meeting on May 5th, 2018. Our President, Keith Cowling, will provide a summary of the credit union’s wellbeing for 2017. The results of our recent election will be revealed and our Annual Report will be available. The meeting will be held in our Boardroom in our... Read More

Traveling with Your Checking Account

Take the Credit Union with You When You Travel Spring break is always a popular time to travel, but the credit union has noticed that traveling, in general, is popular all year round with our members. Some members spend months planning their next vacation while other credit union members take off spontaneously. No matter how much time you spend planning for your next adventure, make sure you take a few minutes to get your account ready for travel as well. Tell us you’re traveling One of the easiest, but most... Read More

Limited Transfers from Savings

Regulation D – What you need to know Regulation D is a federal regulation that limits the number of electronic transfers from savings accounts and money market accounts to any other share accounts. The limit per month is a maximum of six electronic transfers. An electronic transfer is any transfer that is done through online banking or Call-24 (automated phone system), any transfer requested by phone through our Call Center or any transfer that is initiated by an insufficient balance in the checking account. One other transaction that is effected... Read More

Phishing or Fishing… only one is good!

Recently, Credit Union of Denver sent out an email about some security updates for certain device and browser platforms that may affect our members. We had a few members say that a message came up that it appeared to be a phishing attempt. We would like to address this topic and provide some additional information/insight into what phishing is and ideas to help avoid it. Just to be clear… Credit Union of Denver does not Phish. However, we do send out educational information and promotions to keep you in the... Read More

4 Scholarships for C∙U∙D members!

It’s that time again! Announcing the 2018 Credit Union of Denver Scholarship Program   We believe that everyone should have the opportunity to succeed; whether that is financially or perhaps achieving a degree in a field of choice at the local university or community college. We have been awarding scholarships to our younger members for many years. This year is no different. C∙U∙D will be awarding four (4) $2,500 scholarships with our 2018 Scholarship Program. Applicants will need to follow the steps on the application process and submit their paperwork... Read More

Account Beneficiaries are Important

Are your beneficiaries up to date? An account beneficiary is someone designated to receive the assets held in an account after the account holder’s death. Estate planning isn’t a lot of fun, but it is necessary if you don’t want to cause a great deal of stress and expense for those you leave behind. It is important to list at least one beneficiary on your account to ensure your funds are allocated appropriately. Many members are tempted to think that once a will is made, the work is done. However,... Read More