Colorado Credit Union

What Colorado Credit Union does

Colorado Credit Union is a member-owned, not-for-profit financial cooperative founded in 1973 by 35 Johns Manville employees (originally Johns Manville Federal Credit Union, rebranded in 2005). The institution provides a full suite of retail and small-business banking products — checking (Free, High Interest, Cash Back, Premier, Business), savings, money market, certificates of deposit, IRAs, mortgage loans, HELOCs, auto, personal, credit-builder, motorcycle/RV/boat, and commercial real estate loans, plus Visa credit cards (Platinum, Classic, Secured Classic) — to more than 20,000 members across seven Colorado counties (Adams, Douglas, Jefferson, Arapahoe, Weld, Denver, Broomfield, Boulder). Distribution is multi-channel: three owned branches (Littleton/Ken-Caryl HQ, Brighton, Downtown Denver), a Banno-powered online and mobile banking platform (ColoradoCU app), the CO-OP Shared Branch network (5,900+ branches, ~30,000 surcharge-free ATMs), and partner-driven services (AutoTrek, Newtek, Banzai).

The core technology stack is a Banno digital-banking platform with integrated mobile deposit (up to $10,000/day), Cash Coach budgeting tool, digital wallet support (Apple/Google/Samsung/Fitbit/Garmin Pay), Zelle P2P, DocuSign-based forms, MeridianLink loan origination, and IDCheck MFA for shared-branch fraud prevention. Revenue is generated primarily through net interest margin (interest income on the loan portfolio — mortgages, auto at 4.99% APR, HELOCs at 6.75%, credit cards at 9.95%–21.00% APR — minus interest paid on deposits at 2.55%–3.75% APY) supplemented by transaction fees (e.g., $29 overdraft/item, NSF, wire, interchange). The go-to-market is direct-to-consumer, leveraging geographic eligibility, employer-group partnerships, family-member referrals, community impact programming (e.g., Fund Your Future with TGTHR), and digital onboarding through secure.ccu.org.

The institution is federally chartered, NCUA-insured (coverage up to $250,000), Equal Housing Opportunity designated, and operates without venture capital or private equity backing under a volunteer member-elected board. Recent strategic activity has been focused on product innovation (two new checking accounts in 2024, year-round Skip-A-Payment in 2025), a small portfolio acquisition (White Crown FCU credit cards, Feb 2024), and community-driven member growth rather than geographic expansion beyond the existing field of membership.

Name

Colorado Credit Union

Legal name

Colorado Credit Union

Website

https://ccu.org

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

11–50 employees

Short description

Colorado Credit Union is a member-owned financial cooperative providing full-service consumer and small-business banking — deposits, mortgage, auto, and credit-card lending — to over 20,000 members across seven Colorado counties via three branches and a Banno digital banking platform.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Credit Unions (52213), Credit Card Issuing (522210), Depository Credit Intermediation (5221)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141)

akta.pro primary industry

Community Credit Unions (Retail/Consumer Focus) (FSABAEAA)

akta.pro secondary industries

Credit Cards & Revolving Credit (FSABAAAC), Bank & Credit Union Personal Loans (Unsecured Installment) (FSAKAAAL)

Keywords

• Retail banking services
• Consumer lending
• Credit union services
• Mortgage lending
• Deposit accounts

Headquarters

HQ city

Littleton

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Interest Income from Lending: The primary revenue stream comes from interest earned on loan products including mortgage loans, auto loans, home equity loans, personal loans, credit cards, and commercial real estate loans. Interest rates are offered at competitive levels with specific APRs disclosed.
2. Fee-Based Income: Various service fees including overdraft fees ($29.00 per item), NSF charges, wire transfer fees, ATM fees at non-network locations, credit card fees, and loan-related fees. The credit union also earns interchange revenue from debit and credit card transactions.
3. Deposit-Based Revenue: Revenue generated from the spread between interest paid on deposits (savings, checking, money markets, CDs, IRAs) and interest earned on loans. Current CD rates at 3.75% APY and Money Market at 2.55% APY.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Colorado Credit Union is a member-owned financial cooperative that delivers retail banking products and services to Colorado residents and select employer groups. Its core offerings span consumer checking and savings accounts, certificates of deposit, individual retirement accounts, mortgage and home equity loans, auto and recreational vehicle loans, personal loans, credit builder loans, and Visa credit cards. Members access these products through three physical branches, a Banno-powered online and mobile banking platform, the CO-OP shared branch and ATM network, and partner integrations such as AutoTrek and Newtek.

Product overview

Colorado Credit Union offers a comprehensive suite of financial products and services through a multi-channel platform spanning digital banking (web and mobile app), physical branches, and partner networks. The core banking products include multiple checking account options (Free Checking, Cash Back Checking earning 1% cash back up to $15/month, High Interest Checking offering 5.00% APY on balances up to $10,000, Premier Checking with interest earnings, and Business Checking) paired with traditional savings products including Savings Accounts, Money Market Accounts, Certificates of Deposit (6-month to 5-year terms with $500 minimum), Individual Retirement Accounts (Traditional and Roth), and Holiday Savings. The lending portfolio encompasses mortgage loans (with on-site mortgage team), home equity loans and HELOCs, auto loans (starting at 4.99% APR with 90-day payment deferral), three Visa credit card variants (Platinum, Classic, and Secured Classic), personal loans, credit builder loans, overdraft line of credit, and commercial real estate loans. Digital banking capabilities are enhanced through Cash Coach budget management, Mobile Deposit, Digital Wallets (Apple Pay, Google Pay, Samsung Pay, Fitbit Pay, Garmin Pay), Zelle person-to-person payments, Bill Pay, and 50+ financial calculators. The credit union serves members through three Colorado branches (Brighton, Downtown Denver, Littleton), the CO-OP Shared Branch network (5,900+ locations), and nearly 30,000 surcharge-free ATMs.

Differentiator

Problem solved

Functional benefit

Products and services

• Cash Back Checking Free consumer checking account that earns 1% cash back on debit card purchases, capped at $15 per month ($180/year). Requires eStatement enrollment. No monthly maintenance fees or minimum balance required.
• High Interest Checking Free consumer checking account offering 5.00% APY on balances up to $10,000 when monthly qualifications are met (15+ debit transactions, eStatements enrollment, and direct deposit/ACH or two RDC deposits). Balances over $10,000 earn 0.05% APY. No monthly fees or minimum balance required.
• Free Checking

Quantifiable outcome

• Earn 5.00% APY on High Interest Checking balances up to $10,000
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration15 records

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• TGTHR (Together-Guidance-Hope-Resilience)coreStrategic or Co-development Partner · 1 January 2022TGTHR is a nonprofit partner dedicated to supporting youth and young adults facing housing instability, including foster care youth. Colorado Credit Union partnered with TGTHR beginning in 2022 to create the Fund Your Future Financial Literacy Program, which provides in-person financial workshops and self-paced online modules for foster youth. The program includes savings incentives deposited directly into newly opened CCU savings accounts.
• CO-OP Shared Branch NetworkcoreTechnology or IntegrationCO-OP provides the shared branch and surcharge-free ATM network allowing CCU members to access nearly 30,000 ATMs and 5,900+ branch locations nationwide. The partnership enables IDCheck verification for fraud prevention at shared branch locations.
• AutoTrekminorGTM or Marketing PartnerAuto buying partner that provides car shopping and financing guidance services to CCU members looking to purchase vehicles.
• Newtek Business SolutionsminorGTM or Marketing PartnerBusiness solutions partner offering services to CCU business members through an online portal.
• White Crown Federal Credit UnioncoreStrategic or Co-development PartnerCompleted credit card portfolio migration in February 2024 where White Crown FCU credit card members were transitioned to Colorado Credit Union Visa credit cards. Former White Crown members gained access to full CCU product suite including online banking, mobile app, and enhanced card features like contactless chip technology and mobile wallet support.

Scale indicators4 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Bellco Credit Union: Denver-based community credit union serving the Colorado Front Range with a similar suite of consumer banking, lending, and digital products. Directly comparable in geography, member-owned model, product breadth, and target demographic to Colorado Credit Union.
• Elevations Credit Union: Boulder-based community credit union serving members across Colorado's Front Range with checking, lending, and wealth products. Directly overlaps CCU's geographic charter counties (Boulder, Broomfield, Denver metro) and member-owned value proposition.
• Westerra Credit Union: Denver-based community credit union offering full personal and business banking products to Colorado residents. Similar size, charter model, and product set; competes directly for the same Front Range membership base as Colorado Credit Union.
• Ent Credit Union: Largest Colorado-based credit union (Colorado Springs headquarters) serving members statewide with full banking, mortgage, auto, and commercial lending. Comparable cooperative model and Colorado charter; meaningful larger-scale reference point for CCU's growth trajectory.
• Credit Union of Colorado (formerly Public Service Credit Union): Denver-based member-owned credit union serving Colorado residents with consumer banking, mortgage, and lending products. Comparable charter geography in the Denver metro area and competitive positioning to CCU.

Broad incumbents

• Alliant Credit Union: Chicago-based digital-first credit union serving members nationwide with high-yield checking, lending, and credit card products. Demonstrates a larger-scale credit-union operating model that competes for digital-first Colorado residents who could otherwise join community CUs.
• First Tech Federal Credit Union: Large federally chartered credit union serving technology and related-industry employees nationwide with comprehensive digital banking. Comparable member-owned model and product breadth; illustrates scaled digital-first credit union operations.
• Digital Federal Credit Union (DCU): Large Massachusetts-based digital credit union serving members nationwide with full banking and lending products. Comparable cooperative structure and product breadth; relevant benchmark for digital-first credit union scale and member experience.

Others

• Bell Bank (FDIC community bank comparison): Community-focused bank with strong small-business and consumer lending presence in regional markets. Included as adjacent reference for how community-focused financial institutions compete against national banks—relevant context for CCU's positioning against Wells Fargo and Chase in Colorado.

Regional players

• OnPoint Community Credit Union: Portland, Oregon-based community credit union serving members across the Pacific Northwest with full banking, mortgage, and lending products. Comparable member-owned community model with similar product depth, though operating in a different US geography than CCU.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/COCreditUnion
• YouTubeyoutube.com/coloradocu
• Facebookfacebook.com/ColoradoCreditUnion
• LinkedInlinkedin.com/company/colorado-credit-union
• Instagraminstagram.com/coloradocreditunion

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Colorado Credit Union