Three local business leaders elected to three-year terms on Elevations Credit Union’s Board of Directors

BOULDER, CO (June 2, 2021) — At Elevations Credit Union’s annual membership meeting on April 26, 2021, Don Cheyne, Nancy Herbert and Garry Woods were elected to the Elevations Board of Directors. These local business leaders were each elected to serve three-year terms for the board, ending at the annual meeting in 2024.

“We are so honored that Don and Nancy are continuing their service at Elevations and are pleased to welcome Garry to his first term on the board,” shared Kate Brown, Elevations’ Board Chair. “Each of these local leaders brings unique expertise in business, governance and board involvement to their role. We’re lucky to have their support in making Elevations a top Colorado credit union and a leader in the communities we serve.”

Don Cheyne joined the Elevations Board in 2011 following its merger with St. Vrain Valley Credit Union, where he had served as a board member for three years. Following re-election, Cheyne will continue to serve as the Vice Chair of the Board and Chair of the Audit and Risk Committee. Cheyne spent most of his career in manufacturing management before selling his Longmont-based plastic injection molding business. He is now a manufacturing business consultant.

Nancy Herbert has been a member of the Elevations Board since 2011 and served as Chair from 2017 to 2019. She currently serves as a member of the Governance and Nominating Committee. On top of Herbert’s career as the CEO and founder of Boardroom Sage LLC, a coaching and consulting business with a focus on board governance, Herbert has extensive experience as a member of various boards, as a school district administrator and as a municipal elected official. She is certified as a Credit Union Board Director from the Governance Leadership Institute and in Women’s Leadership Development from Oxford University.

Elevations’ newest board member Garry Woods was appointed in August 2020 before being elected in April 2021. Woods joins Cheyne on the Board’s Audit and Risk Committee. Woods is currently a Partner and Executive Director of Governance, Risk and Compliance & Privacy services at Richey May and Co., a growing audit, tax and business assurance company. Throughout his career, Woods has served in leadership roles and consulted with public sector, not-for-profit and voluntary organizations – mostly in the Fortune 300 category.

Elevations Credit Union is honored to have such strong Colorado leaders as members of the board. As a local credit union, Elevations is proud to align with individuals who are equally as passionate about our members and community. To learn more about the Elevations Board of Directors and leadership team, visit

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 mortgage lender in Colorado. Founded in 1953 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 172,000 members, more than 600 employees and over $3 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 year after year. Learn more at


Kathryn Goggin
Barefoot PR
720.984.4807 (direct)
720.515.4282 (office)

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