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

Credit Union Funds are Insured

Your Money Is Safe at a Credit Union I’m shocked by how often I get asked if money is safe at a credit union, the same way it is at a bank. People want to know if their money is insured like it is at a bank. I don’t know if this is because of the perception that credit unions aren’t as old as banks (credit unions date back to 1852!), or if it’s because they seem (and often are) so much smaller than banks. Either way, I assure you... Read More

Have You Considered a Secured Card?

Secured MasterCard® The credit union offers a Secured Card, which is a fantastic financial tool that is often overlooked. This credit card has great benefits like no annual fee, no cash advance fees, no balance transfer fees, no over limit fees, a free Reward Program and is accepted wherever MasterCard® is welcomed. The first and probably most popular reason for obtaining a Secured Card is to establish or work on rebuilding credit. It can be difficult to be approved for a regular credit card (revolving unsecured credit) when you don’t... Read More

Best Way to Spend Your Tax Refund

The 4 Best Things You Could Do With Your Tax Refund For many of us who have recently graduated school (hooray for student loans) or are still in school (enjoy that deferment), tax season can be a happy time financially. Many people will get a substantial tax refund from the IRS. And more will squander that money before it has a chance to make it through one statement. Now I’m not saying stick it all under your mattress, but here’s some ways to spend it responsibly and feel good about... 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