Most people have an idea of what a checking account can do for them. You can use it to make purchases and pay your bills. However, not all checking accounts are created equal. The same can be said for banks and credit unions. People may have an idea of what a traditional bank can do for them, but credit unions offer the same convenience and easy banking options, often with better benefits and rates.

There are definite benefits of opening up a Credit Union of Denver Rewards Checking Account. But what are the real differences between a credit union and a bank?

What’s the Difference Between a Bank and Credit Union?

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As a credit union member, you’re actually a part-owner! Credit unions don’t have to answer to shareholders and their vested interests. As a result, you help decide the direction of the credit union with voting rights, alongside fellow members.

This keeps your interest in mind. Credit Union of Denver is a friendly, member-focused environment. We believe in “People Helping People” through personal relationships with our members. We care about helping our members and our community.

Why Open a Rewards Checking Account with C•U•D?

We have been a financial staple of Colorado since 1931 – we are actually the oldest credit union in Colorado! By becoming a member, you help support your community. For example, we make donations to Foothills Animal Shelter in Golden, Colorado through the sales of our annual Pet Calendar. We are also the proud sponsor of Toby’s Pet Parade; and have been since its inception.

Lower Fees

A traditional bank is more focused on making money than creating long term relationships. They have more account fees and requirements to provide them a source of income. A credit union is a not-for-profit, and we are against charging our members unnecessary and unfair fees. If you have ever been charged a monthly fee on your checking account, you need to make the switch! Our Rewards Checking accounts are free to open and have no minimum balance requirements. Why pay to use your money?


Our checking accounts really do offer benefits that make your life easier.


Now the real tough question:

Would you like to earn Interest or Cashback on your checking account?

Credit Union of Denver is proud to offer 2 A-MA-ZING Rewards Checking Accounts!

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One is our Interest Rewards Checking:

Earn up to 3% APY (Annual Percentage Yield) on balances up to $10,000 + .20% APY over $10,000. This interest rate is one of the best rates on the market!

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The other option is our Cashback Rewards Checking:

Earn 5% cashback of your total debit card transactions up to $5 each month. With $5 cashback each month, you can think of this as your “Free Latte” account!


Both accounts have no minimum balance requirements plus you can receive up to $25 in ATM fees automatically refunded each month! All you have to do to receive these rewards each month is:

  • Have a Direct Deposit or Mobile Deposit or Electronic Transfer from another institution (of at least $1)
  • Receive eStatements
  • Use your Debit MasterCard® 15 times monthly online or at retail establishments


Yes, This is the Real Deal

Choose how you want to get paid! Interest Rewards Checking or Cashback Rewards Checking.

The best part is that you can take advantage of these accounts. Credit Union of Denver wants everyone to get paid to use their checking accounts. You too can start earning money with your checking account, apply today!


How to Get Started

Existing members, select button below based on existing account ownership. If you would like to open a checking account with different ownership, please choose the New Member button above, which will prompt you to also open a multiple share account. If you have more than two owners, contact the credit union at 303.239.1150 or 800.279.3288.


Convenient, Local, and Nationwide

Although we are engrained in the local Colorado community, we also have nationwide convenience for our members. We are part of the CO-OP Shared Branching Network, which means you are part of one of the largest banking networks in the United States. You have access to more than 5,600 branches, and over 30,000 surcharge-free ATMs nationwide.

This credit union benefit allows you the ability to use in-network ATMs and branch services outside of their local credit union. If you aren’t in the neighborhood of one of our branches, don’t sweat it, you can go to a participating credit union branch in the network and bank just as you normally would at our credit union, free of charge.

You can even download the free CO-OP ATM/Shared Branch Locator app or just text your zip code to 91989. Please keep in mind that while this service is free of charge, standard data/SMS fees may apply from your Mobile Carrier.


As Mobile as you are

Mobile Banking is a necessity. Luckily, Credit union of Denver’s free mobile app allows you to view your account balances, transfer funds between C•U•D accounts, pay bills, apply for loans, set-up Card Alerts, find free ATMs and Shared Branches near you, and even view our Credit Score & More platform. Whew, that’s a lot of finger tapping options!


Personal Customer Service

When you become a credit union member, you’re a member for life. We don’t take this for granted. We work hard to gain your trust and provide a financial relationship with you for years to come.

Credit Union of Denver is committed to being a leader in:

  • Providing quality financial service
  • Exceeding members’ expectations
  • Achieving a loyal relationship with members and staff


Feel Protected – Security

You may have heard of the FDIC (which ensures all deposits up to $250,000) at a traditional bank. Credit Unions also have a similar type of protection. We belong to the National Credit Union Administration (NCUA). Similarly, any deposit made into a checking account becomes insured for up to the same amount of $250,000. Your money is safe and secure. Much more secure than under your mattress.


Something for Everyone

We do more than (awesome) Savings and Checking accounts. We offer Auto Loans, Home Loans, Credit Cards, Personal Loans and much more!

Let us know how we can help improve your financial future. Feel free to give us a call at 303.239.1150 or 800.279.3288.