For most people, a credit union offers a better banking platform than a traditional bank. Here are the biggest credit unions in Colorado to get you started. Remember, bigger is not always better and smaller Colorado credit unions might offer better value for your situation. There are over 100 credit unions service Colorado, so there is sure to be one that suits your banking needs.
CD Rate Specials Are Back
Credit unions, like banks, need to balance their deposits against their loans. When loan activity increases faster than deposits, credit unions often turn to CD specials to improve their ability to attract new deposits. And, when things are going good, people tend to tap those home equity loans for summer projects like a new deck, or updated kitchen. More loan dollars requires more deposit dollars and BOOM, rate specials.
People who might not normally bother joining a credit union change their tune when they can pick up a sweet CD rate instead of resigning themselves to a measly 3%. When loans are high (here come the profits) credit unions don’t mind the rate shoppers so much.
These big Colorado credit unions are offering those specials now as we head into Fall, but don’t forget to check out the smaller credit unions in your area. They often offer up even better specials as a way to attract deposits against the big boys. Red Rocks Credit Union down in Highlands Ranch just kicked off a 4.50% for 8 months special, and you can get 4.0% at Metrum Credit Union for 3 months (new money only) or 6 months depending upon your time frame.
Some Current CD Specials (as of 8/18/2025)
- Red Rocks Credit Union 4.50% for 8 months
- Metrum Credit Union 4.0% for 3 months
- Ent Credit Union 4.06% (weird?) for 3 months
- Premier Members Credit Union 4.0% for 6 months
CD Strategy
The way I look at it, if you need a CD, you need a CD. Get the best rate you can and go with it. That being said, if you are watching the news you see that there is a chance that the Fed might cut rates soon. If so, some of these rates might come down too. Although, promo rates like these are deliberately not tied directly to market rates. Think of them like a sale at a store. This isn’t the regular price. These aren’t the regular rates.
If you are concerned about lower rates, then hit up the longer term ones like the 8 month one or at least one of the 6 month ones. You won’t get higher rates for longer because the banks don’t expect rates to stay this high. Nobody wants to lock in paying you 5% for 3 years if rates are going down in 10 months, or whatever.
Biggest Colorado Credit Unions
The 8 Largest Credit Unions in Colorado
As a financial advisor and freelance writer, I have helped many people find the best banking options for their needs. In Colorado, credit unions are a great choice for many people because they offer competitive rates, low fees, and personalized service.
Here is a list of the 8 largest credit unions in Colorado, ranked by total assets:
- Assets: $9.8 billion
- Members: 500,000+
- Availability: 40+ branches throughout Colorado
Ent Credit Union is the largest credit union in Colorado. It was founded in 1957 and is headquartered in Denver. Ent Credit Union offers a wide range of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products. Ent’s current best deal is high rates on CDs. Members can bet a 5.20% rate on a 6-month standard CD, but an even better offer is 5.0% on a 3-month CD. Cash in on the high current interest rates for just long enough for the Fed to increase them again before locking in your cash.
2. Bellco Credit Union
- Assets: $7.4 billion
- Members: 400,000+
- Availability: 35+ branches throughout Colorado
Bellco Credit Union is the second largest credit union in Colorado. It was founded in 1934 and is headquartered in Colorado Springs. Originally created as a credit union for Mountain Bell, Bellco Credit Union offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products. Bellco’s best deals include a 6-month CD paying 5.25% APY. You can even earn 2.25% in its Boost Checking account.
3. Canvas Credit Union
- Assets: $4 billion
- Members: 300,000+
- Availability: 33+ branches throughout Colorado
Canvas Credit Union is the third largest credit union in Colorado. It was founded in 1938 and is headquartered in Lone Tree, CO. Canvas Credit Union offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products. The Canvas deal is a 5.40% 12-month CD. They also offer a Reverse Tier Savings Account which pays more interest on the smaller amount in the account. It’s a gimmick but a gimmick you can make work for you.
4. Elevations Credit Union
- Assets: $3 billion
- Members: 170,000
- Availability: 20+ branches throughout Colorado
Elevations Credit Union is the fourth largest credit union in Colorado. It was founded in 1952 and is headquartered in Boulder. Elevations Credit Union was originally the University of Colorado Credit Union, designed to serve the needs of the university’s staff and faculty. Elevations Credit Union offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products. Elevations Credit Union is promoting a 4.50% APY 4-month CD with no penalty for early withdrawal. In addition, as the credit union for the University of Colorado, Buff One Banking is back to help CU students with their banking.
5. Credit Union of Colorado
- Assets: $2 billion
- Members: 155,000+
- Availability: 18 branches throughout Colorado
Credit Union of Colorado is the fifth largest credit union in Colorado. It was founded in 1935 and is headquartered in Denver, Colorado. Credit Union of Colorado offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products.
6. Westerra Credit Union
- Assets: $2 billion
- Members: 115,000+
- Availability: 10+ branches throughout Colorado
Westerra Credit Union is the sixth largest credit union in Colorado. It was founded in 1934 and is headquartered in Denver, Colorado. Westerra Credit Union offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products.
7. Premier Members Credit Union
- Assets: $1.75 billion
- Members: 80,000+
- Availability: 20+ branches throughout Colorado
Premier Members Credit Union is the seventh largest credit union in Colorado. It was founded in 1950 and is headquartered in Boulder, Colorado. Premier Members Credit Union offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products.
8. Credit Union of Denver
- Assets: $1.1 billion
- Members: 68,000+
- Availability: 2 branches throughout Colorado
Credit Union of Denver is the eighth largest credit union in Colorado. It was founded in 1931 and is headquartered in Lakewood, Colorado. Credit Union of Denver offers a variety of banking and financial services, including checking and savings accounts, loans, mortgages, and investment products.
Are Bigger Credit Unions Better?
When it comes to the biggest Colorado credit unions, these eight take the cake. But is a bigger credit union better than a smaller credit union? The answer lies in the type of service, locations, and products you need for your own banking situation. Remember, a good, in-person, local credit union or bank is the foundation of a solid money management plan.
Westerra Credit Union in headquartered in Denver not Colorado Springs.
This is news to me. The first and only Westerra credit unions I knew for several years were in Colorado Springs. Only later did I see them in the Denver area. I made an inference based on my own experience that was inaccurate. Thank you for letting me know. I have corrected the article.