Elevations Credit Union celebrates growth by expanding in Boulder, across Front Range
Headquarters to relocate within Boulder; new facilities opening in Boulder and Larimer Counties
BOULDER, CO (March 16, 2017) — Thanks to its loyal member community, Elevations Credit Union achieved unprecedented growth in 2016. The credit union recorded several all-time high performance measures, including serving over 122,000 members; managing more than $1.8 billion in assets; and being recognized as the #1 residential mortgage lender in Boulder and Broomfield counties.
To support continued growth and deepen its commitment to Boulder and Larimer counties—and adjacent communities across the Front Range—Elevations will build, acquire and open multiple new facilities in the next year.
Elevations will permanently relocate its headquarters back to its recently renovated flagship Diagonal Highway location in Boulder, which served as the credit union’s headquarters from the 1990s through 2003. A new branch—currently under construction at the corner of 13th Street and Walnut Street—will soon enable downtown Boulder residents and businesspeople to bank more conveniently, as well. The branch will also serve as a community gathering place after hours for business networking events and member financial seminars.
“Boulder has been and will continue to be our home,” said President and Chief Executive Officer Gerry Agnes. “We value the history we share with the Boulder community and remain incredibly grateful for its continued trust and support.”
Because of the vitality of the market and its commitment to serving Larimer County, Elevations will increase its investment in the Northern Colorado community, as well. Its Northern Colorado team has begun constructing a new flagship branch on South College Avenue in Fort Collins, and the existing Mortgage Loan Office has relocated to a larger facility in Windsor to accommodate the growing mortgage team and member needs in the area. Additional mortgage and commercial lending staff will join the Elevations team in the Northern Colorado market. Elevations is also working diligently to acquire a third branch location in Old Town Fort Collins and expects to secure a site during the second quarter of 2017.
In addition, Elevations is working to secure a new administrative and support facility more centrally located for current and future team members across the Front Range.
Elevations will announce exact Boulder and Fort Collins branch opening dates and any other facility acquisitions later in 2017.
“Passion for service is at the core of Elevations Credit Union,” added Agnes. “As we grow, we remain committed to our roots in Boulder while making strategic investments in communities across the Front Range to better the lives of our members, their families and businesses.”
About Elevations Credit Union
Elevations Credit Union is a member-owned not-for-profit financial institution serving Colorado’s Front Range. Elevations provides a broad portfolio of financial products and services including checking and savings accounts, mortgage loans, credit cards, auto loans, home equity loans, student loans, business banking, commercial loans and financial planning. Founded in 1953 as the U of C Federal Credit Union in Boulder, Elevations has grown from 12 members and less than $100 in assets to an institution with more than 130,000 members that manages more than $2 billion in assets and is the No. 1 credit union mortgage lender in Colorado. In 2014, Elevations earned the prestigious Malcolm Baldrige National Quality Award. In 2015 and 2016, Elevations was named one of the Best Companies to Work for in ColoradoTM in the large company category. Readers of local newspapers name Elevations “Best Bank/Financial Institution,” “Best Mortgage Lender” and “Best Customer Service” year after year. To learn more, visit elevationscu.com.