Social Media Privacy

Imagine this scenario: A person walks into a crowded room and loudly broadcasts all the details of their private life to total strangers—from their health issues to their family and friends’ names, ages, jobs, or school locations. You would think they were crazy, right? Well people do this online via social media, every day! Once you post anything online, you have lost control of it. The ramifications of sharing too much can have an impact not only on your personal and professional life but also the lives of your family... Read More

Coronavirus Scams

We all know first-hand how much of an impact COVID-19 is having on our daily routines. During this difficult time criminals see opportunity! Stay educated and diligent on the ever-changing fraud schemes impacting consumers. CORONAVIRUS SCAMS The growing uncertainty from the COVID-19 pandemic is fueling Disaster Fraud. Fraudsters are using the coronavirus as an opportunity to scam consumers. We want to help you become educated on the warning signs, so you can better protect yourself from financial harm. E-mail and text message phishing scams, disguised as the Centers for Disease... Read More

Positivity in the News

Dear members, Here are a few things that might be helpful while navigating all the changes we are all experiencing. We’re calling it “Positivity in the News”. (as of March 20, 2020) The IRS has extended the tax deadline from April 15 to July 15 to give all taxpayers and businesses additional time to file and make payments without interest or penalties.   Over two dozen school districts and counting across Colorado are offering free “grab ‘n’ go” meals for the many children under 18 who depend on free meals... Read More

COVID-19 update from President/CEO

Beginning March 23, our lobbies will be temporarily closed due to COVID-19 safety precautions. We will be serving our members through our Alameda Branch drive-up, Call Center, online/mobile banking and ATMs.  In-person visits at our Alameda Branch are by appointment only by calling 303-239-1150. March 21, 2020 Dear Members, As we continue to monitor the coronavirus (COVID-19) situation, the health and safety of our members and employees remains our top concern.  Therefore, on Monday, March 23rd, we are temporarily closing our Alameda Branch lobby and our Federal Center Branch, while... Read More

Federally Insured at C·U·D

Is my money safe & insured at Credit Union of Denver? Yes! Your accounts are federally insured at Credit Union of Denver. The NCUA, or National Credit Union Administration is the independent agency that administers the National Credit Union Share Insurance Fund (NCUSIF). Like the FDIC’s Deposit Insurance Fund, the NCUSIF is a federal insurance fund backed by the full faith and credit of the United States government. Not one penny of insured savings has ever been lost by a member of a federally insured credit union.  The NCUSIF covers all... Read More

Access Your C•U•D Account Remotely

Starting March 23, our lobbies will be temporarily closed due to COVID-19 safety precautions. We’re here to serve you at our drive-up and with in-person visits by appointment only.  We are monitoring the coronavirus (COVID-19) situation, always keeping the well-being of our employees and members as our top priority. We are staying on top of the latest information through official channels like the Center for Disease Control (CDC), World Health Organization (WHO) and Colorado’s Health & Human Services. In addition, we are managing our facilities with extra caution through recommended... Read More

3 ways to increase cash flow

Don’t get caught off guard! Protect your financial picture! With so much uncertainty, are you concerned with the impact it could have on your cash flow? Do you have an emergency savings account? Most people don’t, so let’s see what CU Denver can do to help! Here are three ways to possibly reduce your monthly expenses and help with cash flow. Vehicle Equity Loan Did you know that if you have a vehicle worth more than you owe on it, you may be able to refinance it to take cash... Read More

2020 Census – Make Sure You Are Counted!

2020 Census is here! Every 10 years, the Constitution mandates a count of “The People” in all 50 states, the District of Columbia, and the five U.S. territories. The 2020 Census will be the 24th time that the country has counted its population since its inception in 1790. This year, invitations to respond will be delivered between March 12th and 20th, and by April 1st (Census Day) every home will have received an invitation to participate.  Participating in the census is required by law, and this year it will be... Read More

2020 Annual Election Voting

The Credit Union of Denver recently held a call for nominations for our Board of Directors, Supervisory Committee and Credit Committee. Based on the number of qualified applications we received, a vote is required to fill the 3 Board of Directors positions. As a Credit Union of Denver member, at least 18 years of age and the primary member of an account, you have the right to vote! Board of Directors: There are three, 3-year terms available Supervisory Committee: Elected by acclamation (no vote necessary) Credit Committee: Elected by acclamation... Read More

IRA Catch-up Contributions for 2020

Individuals who are age 50 or over at the end of the calendar year can make annual catch-up contributions. Annual catch-up contributions up to $6,500 in 2020 ($6,000 in 2015 – 2019) may be permitted by these plans: 401(k) (other than a SIMPLE 401(k)) 403(b) SARSEP governmental 457(b) Elective deferrals are not treated as catch-up contributions until they exceed the limit of $19,500 in 2020 ($19,000 in 2019) or the ADP test limit of section 401(k)(3) or the plan limit (if any). A participant can make catch-up contributions for a year up to the lesser of the following amounts: The... Read More