Elevations Credit Union’s Community Bike Drive collects over 500 bikes & donates $5,330

Event benefits Boulder’s Community Cycles and Fort Collins Bicycle Co-op

BOULDER, CO (July 12, 2018) — Elevations Credit Union collected 533 used bikes during the organization’s month-long Community Bike Drive in May to benefit two local bike organizations: Community Cycles in Boulder and the Fort Collins Bicycle Co-op. Elevations also donated a total of $5,330 to these organizations.

In its first year in 2012, the bike drive collected almost 200 bikes and Elevations matched donations of $1,910. This year marks the third year Elevations has done the drive. With the help of their members, they’ve more than doubled their impact for the local bike community, making it their most successful year to date. Over the past three years, Elevations has donated a total of 1,186 bikes and more than $11,800.

“Bikes play a big role in our communities and the Elevations bike drive is a favorite initiative for us. We’re proud that this year’s numbers are just spectacular,” said Dennis Paul, VP of Business and Community Development for Elevations. “We truly appreciate the generosity of our members when we put out the ask each year.”

Community Cycles is a Boulder-based non-profit organization of bicyclists and supporters of bicycle transportation that recycles, repairs and refurbishes donated bikes, makes used bikes available to the community and provides a safe, welcoming space for everyone in the community to learn about bicycle repair.

The Fort Collins Bicycle Co-op is an organization that collects used bikes, refurbishes them and then donates them to non-profits and members of the community in exchange for volunteered time. In addition, they provide tools and bike education to the public.

Elevations also celebrated its 21st year participating in Bike to Work Day by providing three breakfast stations across the Front Range on Wednesday, June 27. Stations were located at Table Mesa and Broadway in Boulder, Paul’s Coffee & Tea in Louisville and the Oak Street Plaza in Fort Collins. An Elevations Credit Union station since 1997, the location at Table Mesa provided 500 breakfast burritos to participants this year.

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 580 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 also earns local awards along Colorado’s Front Range for 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


Kathleen Martin

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