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

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

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

Take the Savings Challenge!

52 Week Savings Challenge It’s a New Year and time for new beginnings! A popular New Year Resolution is to save more money so here is a simple way to save at least $1,378.00 without breaking the budget. It is called the 52 Week Savings Challenge and it is here to help you take baby steps towards a solid savings account. While this is not a Credit Union of Denver program, we thought it could be easily adopted by most all of our members as a self-starter savings plan. How... Read More

Protect Yourself

Protecting Your Identity! It has never been more important than right now to protect your identity. Theft of your personal information almost seems inevitable now, but there are steps you can take today to protect yourself. Monitor All Your Accounts Only you know what transactions are unauthorized. You can monitor your credit union accounts and credit cards through online banking, mobile banking, eStatements or your monthly statement. Set up Card Alerts so that you will be informed of all activity on your debit and credit cards to limit fraud attempts.... Read More

Bank Fees vs. Credit Union Fees

Hidden Bank Fees vs Credit Union Fees! A recent article titled Hidden Bank Fees in September’s issue of AARP Magazine listed ways to bypass unexpected bank fees. In reality, the best way to bypass these unexpected bank fees is to bank with a credit union. Credit unions are unique financial businesses because they have little to no fees based on their “cooperative” structure. Paper Statement fees Some banks are now charging to mail out a monthly statement. This fee can typically range from $1 to $5. Credit Union of Denver... Read More

Share the Wealth

Refer Your Friends and Family! Now that you are taking advantage of all the great benefits Credit Union of Denver has to offer, it is time to share the wealth! Refer your friends or family to the credit union and YOU will receive $25.00 and THEY will receive $25.00 once the requirements have been met. Complete this Friends and Family form and return it to C•U•D through the mail, fax or secure portal. Your friend or family member would need to open a savings and checking account with a debit card. The... Read More

Electronic (ACH) Payment – Same Day Posting!

Important Notice of Same Day Debit processing A change in the rules governing Automated Clearing House (ACH) debits became effective as of September 15, 2017. This means that most types of electronic payments for debits will be eligible to process the same business day as it was originated.  So, if you initiate an electronic debit payment, you may see it clear your account sooner than you were expecting.  Make sure that you have funds available when you set up payments online or over the phone so that you will not... Read More

Credit – what is it?

Have you ever wondered how your credit is determined and why it is so important? We’ve made it easy. Check this out… Credit Union of Denver’s video is a labor of love by our employees. We put this together to help educate about what credit is, how the score is influenced and why you should be concerned with knowing this information. Check it out and share with your friends and family. When you are ready, feel free to give us a call and set up a consultation to check out your own credit... Read More