Two Colorado leaders elected to Elevations Credit Union’s Board of Directors

BOULDER, CO (April 26, 2023)April 26, 2023 – Elevations Credit Union hosted its 70th annual membership meeting on April 24, 2023, at Elevations’ Headquarters located in Boulder, Colo. The meeting included the election of members Monica Coughlin and Ray Martinez to the Elevations Board of Directors, each for a term of three years.

Monica Coughlin is the Chief Operating Officer for Colorado Technology Association, where she leads business development, marketing, sales and more for the association’s 300-plus member organizations. With over two decades of experience in the IT industry, Coughlin has a proven track record in strategy development, business operations and executive leadership. She holds bachelor’s degrees in business administration and computer science from Regis University, and she completed the 50 for Colorado Leadership Program through the University of Colorado Leeds School of Business.

Ray Martinez is a retired Fort Collins police sergeant and a former three-term mayor of the City of Fort Collins. He most recently served as City Councilmember for District 2 in Fort Collins from 2015 to 2019. He is a U.S. Army veteran, having received the Army Commendation Medal. Martinez has dedicated significant time working closely with Hispanic community leaders, youth and athletes to improve the relationship between the community and law enforcement.

Officer and committee elections and appointments were also held, resulting in Don Cheyne’s election to the position of Chair, Ray Martinez to Vice Chair, Garry Woods to Secretary and Todd Gleeson to the position of Treasurer. Kate Brown, Todd Gleeson, Ray Martinez and Garry Woods were elected to serve on the Audit and Risk Committee. Chair Elect Cheyne appointed Ray Martinez Chair of the Governance and Nominating Committee, along with fellow Committee members Natalie Baumgartner, Monica Coughlin and Nancy Herbert. The officer and committee positions are one-year terms.

On behalf of the Board, Mr. Cheyne extended his appreciation to Barbara Brohl, who, after serving on the Board since 2019, resigned her position at the end of 2022 when she moved out of state.

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

Martinez Ray


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 by purchase volume 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 178,000  members, more than 580 local employees and over $3.5 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 is also a two-time winner of the  Denver Business Journal’s Diversity, Equity and Inclusion Awards. Learn more at  


Kathleen Martin
Content Specialist
Elevations Credit Union

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