Colorado

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You are viewing savings rates in Colorado Springs, Colorado

Colorado Springs, Colorado Credit Union Savings Rates 2020

Credit Unions can offer savings and money market rates that are competitive not only with local banks, but also sometimes with the best rates at online savings banks. The table below lists the best rates at credit unions near you. If you click on the credit union’s name, you’ll be taken to more information about its locations and operations.

Colorado Springs, CO - July 5, 2020

Savings Account National Average Rate: 0.12% ?

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Credit Unions APY Vs.
Nat'l
Av.
MIN Miles?
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Premier Members
Restrictions
2.00% 16.26x $2,001 6224.73 Learn More
Premier Members
Restrictions
1.10% 8.94x $5,001 6224.73 Learn More
Aurora
Restrictions
0.90% 7.32x $25,000 6195.84 Learn More
Peoples
Restrictions
0.80% 6.50x $100 6021.85 Learn More
Holyoke Community
Restrictions
0.80% 6.50x $10,000 6104.40 Learn More
Blue
Restrictions
0.80% 6.50x $1 6235.25 Learn More
Bellco
Restrictions
0.75% 6.10x $10,000 6196.89 Learn More
Aurora
Restrictions
0.75% 6.10x $10,000 6195.84 Learn More
Premier Members
Restrictions
0.72% 5.85x $11,000 6224.73 Learn More
Guadalupe Parish
Restrictions
0.72% 5.84x $25 6175.02 Learn More
Peoples
Restrictions
0.61% 4.96x $25 6021.85 Learn More
0.60% 4.88x $1 6193.51 Learn More
0.60% 4.88x $25,000 6172.45 Learn More
Aurora
Restrictions
0.60% 4.88x $2,000 6195.84 Learn More
Holyoke Community
Restrictions
0.60% 4.88x $2,000 6104.40 Learn More
0.55% 4.47x $10,000 6193.51 Learn More
0.50% 4.07x $25,000 6209.62 Learn More
Fitzsimons
Restrictions
0.50% 4.07x $25,000 6197.83 Learn More
0.50% 4.07x $10,001 6172.45 Learn More
0.50% 4.07x $5,000 6207.17 Learn More
Sterling
Restrictions
0.40% 3.26x $100 6149.02 Learn More
Fitzsimons
Restrictions
0.40% 3.25x $10,000 6197.83 Learn More
Northern Colorado
Restrictions
0.40% 3.25x $25,000 6212.65 Learn More
Ent
Restrictions
0.40% 3.25x $25,000 6146.27 Learn More
0.40% 3.25x $1 6172.45 Learn More
Red Rocks
Restrictions
0.40% 3.25x $25,000 6199.70 Learn More
Power
Restrictions
0.40% 3.25x $25,000 6142.00 Learn More
Pikes Peak
Restrictions
0.40% 3.25x $25,000 6185.94 Learn More
Northern Colorado
Restrictions
0.35% 2.85x $10,000 6212.65 Learn More
Partner Colorado
Restrictions
0.35% 2.85x $25,000 6210.35 Learn More
0.35% 2.85x $25,000 6144.51 Learn More
Power
Restrictions
0.35% 2.85x $10,000 6142.00 Learn More
Bellco
Restrictions
0.35% 2.85x $1 6196.89 Learn More
0.35% 2.85x $25,000 6141.97 Learn More
Foothills
Restrictions
0.35% 2.85x $25,001 6208.89 Learn More
0.35% 2.85x $5,001 6355.39 Learn More
0.30% 2.44x $10,000 6084.55 Learn More
0.30% 2.44x $5 6172.45 Learn More
White Crown
Restrictions
0.30% 2.44x $25,000 6205.23 Learn More
Aurora Schools
Restrictions
0.30% 2.44x $25,000 6196.25 Learn More
Fitzsimons
Restrictions
0.30% 2.44x $2,000 6197.83 Learn More
Ent
Restrictions
0.30% 2.44x $2,500 6146.27 Learn More
Pikes Peak
Restrictions
0.30% 2.44x $2,500 6185.94 Learn More
0.30% 2.44x $2,000 6355.39 Learn More
0.30% 2.44x $25,000 6204.72 Learn More
Northern Colorado
Restrictions
0.30% 2.44x $2,500 6212.65 Learn More
Aventa
Restrictions
0.30% 2.44x $10,000 6170.29 Learn More
0.30% 2.44x $500 6142.96 Learn More
Coloramo
Restrictions
0.30% 2.44x $25,000 6355.78 Learn More
On Tap
Restrictions
0.30% 2.44x $25,000 6216.88 Learn More
Foothills
Restrictions
0.30% 2.44x $10,001 6208.89 Learn More
0.30% 2.44x $25,000 6233.92 Learn More
0.30% 2.44x $10,000 6209.62 Learn More
Partner Colorado
Restrictions
0.30% 2.44x $10,000 6210.35 Learn More
Columbine
Restrictions
0.30% 2.44x $20,000 6197.38 Learn More
Power
Restrictions
0.30% 2.44x $1,000 6142.00 Learn More
Metrum Community
Restrictions
0.30% 2.44x $25,000 6197.32 Learn More
Star Usa
Restrictions
0.25% 2.03x $50,000 - Learn More
0.25% 2.03x $10,000 6204.72 Learn More
Space Age
Restrictions
0.25% 2.03x $2,500 6197.25 Learn More
On Tap
Restrictions
0.25% 2.03x $10,000 6216.88 Learn More
Red Rocks
Restrictions
0.25% 2.03x $10,000 6199.70 Learn More
0.25% 2.03x $25 6355.39 Learn More
Blue
Restrictions
0.25% 2.03x $25,000 6235.25 Learn More
Canvas
Restrictions
0.25% 2.03x $25,000 6196.09 Learn More
Westerra
Restrictions
0.25% 2.03x $25,000 6202.07 Learn More
Denver Community
Restrictions
0.25% 2.03x $20,000 6204.93 Learn More
Sooper
Restrictions
0.25% 2.03x $10,000 6206.45 Learn More
Partner Colorado
Restrictions
0.25% 2.03x $1,000 6210.35 Learn More
White Crown
Restrictions
0.25% 2.03x $10,000 6205.23 Learn More
0.25% 2.03x $5 6193.51 Learn More
0.25% 2.03x $1,000 6233.92 Learn More
Colorado
Restrictions
0.25% 2.03x $25,000 6206.19 Learn More
0.25% 2.03x $10,000 6141.97 Learn More
Colorado
Restrictions
0.20% 1.63x $10,000 6206.19 Learn More
Denver Community
Restrictions
0.20% 1.63x $2,000 6204.93 Learn More
Foothills
Restrictions
0.20% 1.63x $1,000 6208.89 Learn More
Canvas
Restrictions
0.20% 1.63x $10,000 6196.09 Learn More
On Tap
Restrictions
0.20% 1.63x $1,000 6216.88 Learn More
0.20% 1.63x $25,000 6206.34 Learn More
Westerra
Restrictions
0.20% 1.63x $10,000 6202.07 Learn More
Elevations
Restrictions
0.20% 1.63x $25,000 6224.95 Learn More
Westminster
Restrictions
0.20% 1.63x $25,000 6211.69 Learn More
0.20% 1.63x $2,500 6204.72 Learn More
Aurora Schools
Restrictions
0.20% 1.63x $10,000 6196.25 Learn More
White Crown
Restrictions
0.20% 1.63x $2,500 6205.23 Learn More
Unify Financial
Restrictions
0.20% 1.63x $10,000 6194.35 Learn More
0.20% 1.63x $2,500 6141.97 Learn More
0.20% 1.63x $2,000 6084.55 Learn More
Altra
Restrictions
0.20% 1.63x $25,000 6138.63 Learn More
0.20% 1.63x $501 6144.51 Learn More
Arapahoe
Restrictions
0.20% 1.63x $20,000 6198.45 Learn More
Columbine
Restrictions
0.20% 1.63x $1 6197.38 Learn More
Coloramo
Restrictions
0.20% 1.63x $2,500 6355.78 Learn More
Metrum Community
Restrictions
0.20% 1.63x $10,000 6197.32 Learn More
Westminster
Restrictions
0.18% 1.46x $10,001 6211.69 Learn More
Star Usa
Restrictions
0.15% 1.22x $2,500 - Learn More
Northern Colorado
Restrictions
0.15% 1.22x $25 6212.65 Learn More
Security Service
Restrictions
0.15% 1.22x $25,000 5256.74 Learn More
0.15% 1.22x $2,000 6206.34 Learn More
Rio Grande
Restrictions
0.15% 1.22x $25 6355.53 Learn More
Metrum Community
Restrictions
0.15% 1.22x $2,500 6197.32 Learn More
Air Academy
Restrictions
0.15% 1.22x $25,000 6170.42 Learn More
Elevations
Restrictions
0.15% 1.22x $10,000 6224.95 Learn More
Canvas
Restrictions
0.15% 1.22x $1,000 6196.09 Learn More
Aventa
Restrictions
0.15% 1.22x $2,500 6170.29 Learn More
On Tap
Restrictions
0.15% 1.22x $25 6216.88 Learn More
Colorado
Restrictions
0.15% 1.22x $2,500 6206.19 Learn More
First Technology
Restrictions
0.15% 1.22x $10,000 6173.60 Learn More
Foothills
Restrictions
0.15% 1.22x $100 6208.89 Learn More
0.15% 1.22x $1 6207.17 Learn More
Unify Financial
Restrictions
0.15% 1.22x $2,500 6194.35 Learn More
0.15% 1.22x $25 6121.49 Learn More
Arapahoe
Restrictions
0.15% 1.22x $1,000 6198.45 Learn More
Holyoke Community
Restrictions
0.15% 1.22x $25 6104.40 Learn More
0.11% 0.89x $5,001 6304.81 Learn More
Star Usa
Restrictions
0.10% 0.81x $10 - Learn More
0.10% 0.81x $100 6233.92 Learn More
Delta County
Restrictions
0.10% 0.81x $25,000 6322.02 Learn More
Aurora Schools
Restrictions
0.10% 0.81x $1,000 6196.25 Learn More
0.10% 0.81x $25 6141.97 Learn More
0.10% 0.81x $10,000 6216.13 Learn More
0.10% 0.81x $5 6144.51 Learn More
0.10% 0.81x $2,000 6216.68 Learn More
0.10% 0.81x $2,500 6354.47 Learn More
0.10% 0.81x $30 6084.55 Learn More
Ent
Restrictions
0.10% 0.81x $35 6146.27 Learn More
Blue
Restrictions
0.10% 0.81x $1,000 6235.25 Learn More
Elevations
Restrictions
0.10% 0.81x $2,000 6224.95 Learn More
Security Service
Restrictions
0.10% 0.81x $5 5256.74 Learn More
Canvas
Restrictions
0.10% 0.81x $5 6196.09 Learn More
Sooper
Restrictions
0.10% 0.81x $5 6206.45 Learn More
Colorado
Restrictions
0.10% 0.81x $1 6206.19 Learn More
0.10% 0.81x $25 6142.96 Learn More
Pikes Peak
Restrictions
0.10% 0.81x $100 6185.94 Learn More
Power
Restrictions
0.10% 0.81x $1 6142.00 Learn More
Air Academy
Restrictions
0.10% 0.81x $10,000 6170.42 Learn More
Bellco
Restrictions
0.10% 0.81x $25 6196.89 Learn More
First Technology
Restrictions
0.10% 0.81x $1 6173.60 Learn More
0.10% 0.81x $25 6204.72 Learn More
Altra
Restrictions
0.10% 0.81x $1 6138.63 Learn More
Metrum Community
Restrictions
0.10% 0.81x $100 6197.32 Learn More
Westerra
Restrictions
0.10% 0.81x $1,000 6202.07 Learn More
Westminster
Restrictions
0.09% 0.73x $25 6211.69 Learn More
Westminster
Restrictions
0.08% 0.65x $1 6211.69 Learn More
Arapahoe
Restrictions
0.07% 0.57x $5 6198.45 Learn More
Nuvista
Restrictions
0.07% 0.57x $10,000 6304.41 Learn More
0.06% 0.49x $500 6304.81 Learn More
Star Usa
Restrictions
0.05% 0.41x $5 - Learn More
Columbine
Restrictions
0.05% 0.41x $50 6197.38 Learn More
Aurora
Restrictions
0.05% 0.41x $5 6195.84 Learn More
Aventa
Restrictions
0.05% 0.41x $100 6170.29 Learn More
Red Rocks
Restrictions
0.05% 0.41x $250 6199.70 Learn More
Coloramo
Restrictions
0.05% 0.41x $25 6355.78 Learn More
Delta County
Restrictions
0.05% 0.41x $2,500 6322.02 Learn More
Fitzsimons
Restrictions
0.05% 0.41x $250 6197.83 Learn More
Aurora Schools
Restrictions
0.05% 0.41x $25 6196.25 Learn More
Space Age
Restrictions
0.05% 0.41x $100 6197.25 Learn More
0.05% 0.41x $100 6206.34 Learn More
0.05% 0.41x $5 6216.13 Learn More
Air Academy
Restrictions
0.05% 0.41x $5 6170.42 Learn More
0.05% 0.41x $100 6216.68 Learn More
Elevations
Restrictions
0.05% 0.41x $25 6224.95 Learn More
Partner Colorado
Restrictions
0.05% 0.41x $25 6210.35 Learn More
Weld Community
Restrictions
0.05% 0.41x $1,000 6214.32 Learn More
Western Rockies
Restrictions
0.05% 0.41x $5,000 4889.49 Learn More
Altra
Restrictions
0.05% 0.41x $5 6138.63 Learn More
0.05% 0.41x $1 6209.62 Learn More
Westerra
Restrictions
0.05% 0.41x $5 6202.07 Learn More
Security Service
Restrictions
0.05% 0.41x $1 5256.74 Learn More
White Crown
Restrictions
0.05% 0.41x $2,000 6205.23 Learn More
Unify Financial
Restrictions
0.05% 0.41x $5 6194.35 Learn More
Premier Members
Restrictions
0.05% 0.41x $1 6224.73 Learn More
0.03% 0.24x $25 6354.47 Learn More
Nuvista
Restrictions
0.03% 0.24x $25 6304.41 Learn More
0.03% 0.24x $25 6304.81 Learn More
Western Rockies
Restrictions
0.03% 0.24x $100 4889.49 Learn More
Weld Community
Restrictions
0.01% 0.08x $1 6214.32 Learn More
Delta County
Restrictions
0.01% 0.08x $50 6322.02 Learn More
Denver Community
Restrictions
0.01% 0.08x $100 6204.93 Learn More
All rates listed are Annual Percentage Yield (APY). The APY rate in a savings account or money market account is a variable rate that is subject to change at any point. The Min listed is the minimum deposit account balance required to obtain the rate listed.


BestCashCow strives to maintain the most accurate rates. If you believe a rate is not accurate, please let us know.

PRODUCT INFORMATION


Credit Union Savings Accounts 2020

Credit union savings accounts (also sometimes called share certificates or money market accounts) are savings vehicles that are offered by credit unions. Many Americans enjoy performing their banking transactions with credit unions as they are technically member-owned and may have branches close by. You will find a map with all credit unions that are close to you here. It is important to note that some credit unions do have limited fields of membership – you must be a resident of a certain area or have a family member who was employed by a certain company. Other credit unions will have fields of membership that are virtually open ended (eg. must love life, etc.). If you find a credit union that interests you because of a rate or a service or a location, but are unsure if you qualify for membership, it is often worth reaching out to the credit union to discuss the parameters of the field of membership and whether there may be other ways in which you may qualify for membership.

Unlike online banks and even many local banks, all but the largest credit unions often lack robust online banking features. If you are interested in online banking, be sure to ask your credit unions about the online and mobile services they offer.

To understand all of the income generating options available to a saver, please view the Income Generating Investments Comparison Chart.

NCUA Insurance

Most, but not all, credit unions listed on BestCashCow are insured by the National Credit Union Administration (NCUA). You should confirm that the credit union that you are working with is NCUA insured by visiting that institution’s BestCashCow page (NCUA coverage is detailed on the overview tab). The NCUA insures each named individual's deposits to $250,000 for all accounts at the credit union within ownership class. The rules are very similar, but not identical, to those for FDIC insurance. You should always stay within NCUA insurance limits.

BestCashCow strongly recommends that you deposit money only in NCUA insured credit unions and that you stay within insured limits. If you are considering depositing over $250,000 at a single NCUA-insured credit union across products (share certificates, time deposits, etc.) or across types of ownership (individual, joint, etc.) you should use the NCUA’s Share Insurance Toolkit in order to be sure that you are not exceeding coverage limits.

FREQUENTLY ASKED QUESTIONS ABOUT CREDIT UNIONS


Why are credit union rates sometimes better than those from local and online banks?

The core difference between banks and credit unions is true regardless of size: Credit unions are nonprofits owned by the members, while banks are for-profit organizations. Credit unions can therefore sometimes pass along their profits in the form of lower rates (or better loan terms). Banks have some flexibility when competition forces it, but have to deliver an expected return on capital to their owners.

Is customer service better at credit unions that local banks or online banks?

Credit unions have long surpassed commercial banks for customer satisfaction. But as membership grows, their lead is shrinking, at least when compared with smaller banks. It’s also worth noting that in recent years, several online-only banks have earned high marks for their customer-friendly service options and their transparent discussions of fees and rates.  You may enjoy the local interaction with a credit union, but unless you are also getting a competitive rate, you may find that you best bet is to also have an online bank where you keep most of you money.

Is there any difference between a share certificate offered by a credit union and a savings or money market account offered by a bank?

The difference is mainly one of terminology, as increasingly is the difference between savings and money market accounts. Be sure to understand how to access you account. Look for no fees so long as certain balances are maintained, easy liquidity and ability to transfer your money to your accounts at other institutions, including ACH transfers to online banks.

Do Credit Unions lack technology that banks have?

As technology becomes a larger part of our everyday lives, customers rely on the ability to bank online or through a mobile device, such as an iPhone. Although credit unions are making the effort to keep pace with new financial technologies, they are still trailing banks (especially the leading online banks) on this front. Several third party platforms for online banking and mobile banking are increasingly being adopted throughout the banking industry, and credit unions will likely begin to adopt these as well, which should narrow or remove the gap between them and banks.

Is my money any less safe?

As long as your credit union is NCUA insured and you stay within the NCUA limits, As long as your credit union is NCUA insured and you stay within the NCUA limits, your money is no less safe than it would be in an FDIC-insured bank.

Should I consider time deposits?

Time deposits are the credit union’s term for certificates of deposit, but, aside from slightly different terminology, are virtually the same product. Time deposits have less liquidity, but if you are unlikely to require access to your cash for some time, you may be able to significantly augment your rate of return and the growth of your capital. Since unforeseen circumstances do arise, it is important to understand the early withdrawal fees that may even eat into your principal, and early withdrawal is often entirely at the credit union’s discretion. BestCashCow compiles all rates of all credit unions near you. Access this information here. You should also familiarize yourself with our Savings Booster Calculator in order to understand the importance of compounding interest at higher rates on your savings over time.

5 POINT CHECKLIST OF THINGS THAT MAKE CREDIT UNIONS GREAT

  • Rates are often better than savings and CD rates at local banks. Borrowing rates are sometimes lower too.
  • Members are Owners of a nonprofit. When you open an account at a credit union, your account is actually a share and provides you voting rights. Since credit unions are run as non-profits, you aren’t going to get appreciation or dividends from your ownership. Instead, these institutions have the ultimate goal of providing their members better rates on loans and financial products. When a credit union makes a profit, it is used to provide better opportunities to the community that it serves.
  • Clerks work with you. Since credit unions are small and serve their owners, they try hard to keep them happy. Many credit unions have fans for life after a clerk stays late to complete loan documents, and giving pointers about avoiding fees.
  • Credit unions provide low-income and financially distressed individuals the chance to qualify for financing.
  • Credit unions often run special programs that enable people to save for the holidays (such as Christmas Clubs) or to help finance the cost of higher education and university.

SAVINGS & CD CALCULATOR

Find out how much extra money you can earn by moving your bank money into an account that pays more.