Elevations Credit Union Annual Board Meeting

BOULDER, CO (June 23, 2022) — Elevations Credit Union held its annual membership meeting recently, electing to the Board of Directors Natalie Baumgartner, Kate Brown and Todd Gleeson each to three-year terms and Monica Coughlin to a one-year term.

The meeting represented the last day on the Board for Carroll Beach, who retired after reaching his term limit of 12 years.

“Carroll is a legend in the credit union community,” said Brown, chair of the Board of Directors. “We have all learned and benefited greatly from having him on our Board, and he will be missed. The entire Board acknowledges his invaluable contributions.”

In October 2021, Elevations appointed Monica Coughlin to the Board of Directors. As chief operating officer of Colorado Technology Association, she oversees business development, marketing, sales and more for CTA’s 300-plus members. Coughlin has more than 20 years of experience in the IT industry and a proven track record in strategy development, business operations, executive leadership and relationship building.

Officer elections were also held, resulting in Don Cheyne becoming chair, Ray Martinez vice chair, Garry Woods secretary, and Barbara Brohl treasurer. Cheyne then appointed Woods as chair of the Audit & Risk Committee, along with Brohl, Brown and Gleeson. He also appointed Martinez as chair of the Governance & Nominating Committee, along with Baumgartner, Coughlin and Nancy Herbert.

Elevations is honored to have such strong, local leaders on the Board. As a local credit union, Elevations is proud to align with individuals who are equally as passionate about our members and communities.

About Elevations Credit Union

Elevations Credit Union empowers its members and the communities it serves along Colorado’s Front Range with financial solutions and education. In addition to offering a broad portfolio of consumer and business banking services, Elevations is the No. 1 credit union residential mortgage lender in Colorado. Founded in 1952 as the U. of C. Federal Credit Union in Boulder, the organization has grown from 12 members and less than $100 in assets to over 176,000 members, more than 600 local employees and over $3.4 billion in assets. Elevations became a two-time recipient of the Malcolm Baldrige National Quality Award in 2020 and first received the award in 2014. The credit union frequently earns awards along Colorado’s Front Range, including Best Bank, Best Mortgage Lender and Best Customer Service. Elevations was also an inaugural winner in Denver Business Journal’s Diversity, Equity and Inclusion Awards. Learn more at


Barefoot PR / Marley Reifert

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