New Board leadership, facilities highlight year of growth
BOULDER, CO (May 1, 2017) — Yesterday, Elevations Credit Union hosted its 64th Annual Meeting to elect directors to three open positions and to brief members and the community on the institution’s latest updates. Immediately following the Annual Meeting, Elevations conducted the Board Reorganization Meeting to elect new officers.
Elevations is pleased to announce the results of board elections. Board members Eric Jones, Ray Martinez and Jim Menghi were re-elected to three-year terms. Nancy Herbert was elected Elevations board chair, Kate Brown was elected board vice chair, Ray Martinez was elected board secretary and Eric Jones was elected board treasurer for the coming year. The members of the Supervisory Committee, comprised of David Forsberg, Bob Jobin, Brad Jones, Christine Morrissey and Kevin Rickman, were appointed for another one-year term.
On the heels of record growth, Elevations also announced updates for several branch openings and facility acquisitions that will better serve its growing member base. Elevations confirmed that a new branch in downtown Boulder on Walnut Street will open in July, 2017. In addition, Elevations leaders broke ground on April 25th on a new branch in Midtown Fort Collins at 2025 South College Avenue, to open in late 2017. Elevations has also entered into a contract to purchase property in Old Town Fort Collins at 221 East Mountain Avenue. This will be developed into a multi-use location, including a new branch and community room, by 2018. And this week, Elevations closed on a new office facility at 1 Environmental Way in the Interlocken Business Park, which will provide additional administrative support space as the organization grows across the Front Range.
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 lines of credit, student loans, business 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 125,000 members that manages more than $1.9 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 Colorado 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.