Credit Score & More!

Credit Union of Denver has another FREE benefit! Credit Score & More Your credit score is more than just a number – it’s a way for lenders to determine whether you are eligible for a loan, for apartment complexes and insurance agencies to give you rates or access based on your credit worthiness. Managing your credit is an important part of managing your financial well being. It will guide your financial picture on how much interest you pay, which affects your payments, which effects your budget, etc. It’s important Smart... 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

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

Shared Branches

What are they and why it’s important to know… The main branch for Credit Union of Denver is located in Lakewood, Colorado, but we have members all over the United States. It is important to us that the members living thousands of miles away find the credit union to be just as convenient as those members living in Lakewood. In an effort to be as convenient as possible for our members, Credit Union of Denver chooses to participate in the Shared Branch Network (CO-OP Network). Belonging to this network provides... Read More

Going Shopping?

Ask yourself these questions before making a purchase. Have you ever gone into a store for one item and find yourself leaving with a cart full of items? It used to happen to me every time I visited a certain store. I would get home and eventually feel guilty about how much money I spent unnecessarily. To fix this impulse, I’ve started asking myself these four questions before swiping my card. How many hours of work will this cost me? When shopping, I used to only view the price in... Read More

Tips on Hiking with Dogs

Want to go for a hike on a Colorado trail with your dog? Colorado summers boast the best weather, and it’s only natural you’d want to explore the great outdoors with your favorite four-legged friend. Instead of the same old walking route, consider taking them on a hike where they, too, can enjoy the sights, sounds, and smells of nature. If this is your first time venturing on a trail with Rex, give our list of hiking tips below a look: Check first to make sure that your planned hiking... Read More

Holiday Account

Time to Open a Holiday Account!   This year is flying by! Christmas will be here before you know it. If you promised yourself that you would be better prepared for the next holiday season, we can help with that goal. Credit Union of Denver offers a Holiday Account and right now is a perfect time to open one. This account is essentially a certificate of deposit (CD) within your current account that you can deposit into during the year to help relieve some of the financial stress the holiday... Read More

Reasons to Review Statements

Important Reasons to Review Your Monthly Statements   We realize that many members don’t “balance” their checkbooks any more. It seems to be a lost art since online banking has become the new way to review your account activity. However, there is still value to reviewing your monthly statement even if you do login to online banking every day. Below is a list of reasons and items to look for when reviewing your monthly statement. Reasons to review statements Review account history for fraudulent or unauthorized transactions. You only have... Read More

5 Ways Finances Are Like a Newborn

1. No Instructions When the nurse handed me my newborn baby, she did not include an instruction manual. The same can be said for your first paycheck. The number one question I hear when I teach financial wellness is “Why didn’t anyone teach me this in school?” Unfortunately, personal finance is often omitted in school curriculums around the country. Most people start learning about finances after they’ve received their first paycheck — often learning through mistakes. The credit union offers a number of products to help maintain positive finances. It... Read More