Best Credit Union Savings and Money Market Rates in Parker, Colorado, CO June 15, 2025

You are viewing savings rates from credit unions in Parker, Colorado

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.

Parker, CO - June 15, 2025

Savings Account National Average Rate: 0.45% ^?

Credit Unions	APY	MIN
Westerra Green Mtn Branch Restrictions	6.00% 3.00% 1.00% 0.50% 0.25%	$100,000 $50,000 $25,000 $10,000 $1,000	Learn More Add Review
Rate History: 4.00% → 6.00%
Canvas Public Service Emplo Branch Restrictions	5.00% 0.10%	$0 $5	Learn More Add Review
Sooper Sooper Branch Restrictions	4.50% 3.75% 3.25% 3.00%	$2,500 $50,000 $25,000 $10,000	Learn More Add Review
Rate History: 0.75% → 4.50%
Canvas Public Service Emplo Branch Restrictions	3.50%	$1,000	Learn More Add Review
Rate History: 4.15% → 4.00% → 3.75% → 3.60% → 3.50%
Credit Union Of Denver Building 67 Branch Restrictions	3.45% 3.20% 2.95% 2.70%	$250,000 $100,000 $45,000 $25,000	Learn More Add Review
Rate History: 4.40% → 4.05% → 3.85% → 3.60% → 3.45%
Credit Union Of Colorado, A Lakewood Branch Restrictions	3.00% 2.00% 1.10% 0.85% 0.60%	$100,000 $50,000 $25,000 $10,000 $2,500	Learn More Add Review
Rate History: 3.00% → 3.51% → 3.15% → 3.00%
On Tap Coors Cu - Terumobct Branch Restrictions	3.00% 1.25% 1.00% 0.75%	$100,000 $50,000 $25,000 $10,000	Learn More Add Review
Rate History: 3.50% → 3.25% → 3.05% → 3.00%
Security Service Security Service Branch Restrictions	2.53%	$0	Learn More
long time disgruntled \| Nov 5, 2023 I am a 30 year customer at this institution. Recently applied for a CD funded by money already in the system different account. 10 days later has still not been processed. Multiple calls no solution, at t... Read More Reviews (1)
Navy Federal Credit Union Navy Federal Credit Branch Restrictions	2.25% 2.05% 1.85% 1.65% 1.50% 1.10% 1.06% 0.95%	$1,000,000 $500,000 $250,000 $100,000 $50,000 $25,000 $10,000 $2,500	Learn More
Amanda Frank \| Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... Read More Reviews (19)
Denver Community Cu D.b.a. Zing Cu Federal Branch Restrictions	2.20% 2.00% 1.60% 1.10%	$250,000 $75,000 $20,000 $2,000	Learn More Add Review
Rate History: 2.35% → 2.20%
Canvas Public Service Emplo Branch Restrictions	1.50% 1.30%	$100,000 $50,000	Learn More Add Review
Air Academy Highlands Ranch Branch Restrictions	1.10% 0.70% 0.65% 0.60% 0.50% 0.45% 0.40%	$500,000 $250,000 $100,000 $50,000 $25,000 $10,000 $2,500	Learn More Add Review
Ent Lodo Center Branch Restrictions	0.80% 0.60% 0.15%	$25,000 $10,000 $2,500	Learn More Add Review
Rate History: 0.40% → 0.70% → 0.80%
Aurora Main Branch Restrictions	0.55%	$25,000	Learn More Add Review
Security Service Security Service Branch Restrictions	0.50% 0.40% 0.10%	$250,001 $50,001 $25,001	Learn More
long time disgruntled \| Nov 5, 2023 I am a 30 year customer at this institution. Recently applied for a CD funded by money already in the system different account. 10 days later has still not been processed. Multiple calls no solution, at t... Read More Reviews (1)
Denver Fire Department Denver Fire Departme Branch Restrictions	0.50%	$10,000	Learn More Add Review
Aurora Main Branch Restrictions	0.40%	$10,000	Learn More Add Review
Foothills Foothills Credit Union Branch Restrictions	0.35%	$25,000	Learn More Add Review
Aurora Schools Main Branch Restrictions	0.30%	$25,000	Learn More Add Review
Metrum Community Metrum Community Branch Restrictions	0.30%	$25,000	Learn More Add Review
Foothills Foothills Credit Union Branch Restrictions	0.30%	$10,000	Learn More Add Review
Space Age Space Age Branch Restrictions	0.25%	$2,500	Learn More Add Review
First Technology Addison Avenue Branch Restrictions	0.25% 0.20% 0.01%	$100,000 $250,000 $25	Learn More Add Review
Rate History: 0.35% → 0.25%
Star Usa Restrictions	0.25%	$50,000	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
White Crown White Crown Branch Restrictions	0.25%	$25,000	Learn More Add Review
Aurora Main Branch Restrictions	0.25%	$2,500	Learn More Add Review
Fitzsimons Fitzsimons Branch Restrictions	0.25%	$25,000	Learn More Add Review
Columbine Columbine Branch Restrictions	0.25%	$25,000	Learn More Add Review
Credit Union Of Colorado, A Lakewood Branch Restrictions	0.25%	$0	Learn More Add Review
Navy Federal Credit Union Navy Federal Credit Branch Restrictions	0.25%	$5	Learn More
Amanda Frank \| Feb 25, 2023 HORRIBLE SERVICE. My son's campus checking account was hacked and over $9000 was stolen. Fraud department was impossible to reach and we waited on phone several days for over 2 hours at a time. They too... Read More Reviews (19)
Colorado Colorado Branch Restrictions	0.20%	$10,000	Learn More Add Review
White Crown White Crown Branch Restrictions	0.20%	$10,000	Learn More Add Review
Edu Restrictions	0.20%	$0	Learn More Add Review
Red Rocks Red Rocks Branch Restrictions	0.20%	$25,000	Learn More Add Review
Aurora Schools Main Branch Restrictions	0.20%	$10,000	Learn More Add Review
Metrum Community Metrum Community Branch Restrictions	0.20%	$10,000	Learn More Add Review
Fitzsimons Fitzsimons Branch Restrictions	0.20%	$10,000	Learn More Add Review
Westminster Westminster Branch Restrictions	0.20%	$25,000	Learn More Add Review
Rocky Mountain Law Enforcement Denver Branch Restrictions	0.20%	$25,000	Learn More Add Review
Foothills Foothills Credit Union Branch Restrictions	0.20%	$2,500	Learn More Add Review
Westminster Westminster Branch Restrictions	0.18%	$10,000	Learn More Add Review
Star Usa Restrictions	0.15%	$2,500	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Columbine Columbine Branch Restrictions	0.15%	$2,500	Learn More Add Review
Colorado Colorado Branch Restrictions	0.15%	$2,500	Learn More Add Review
White Crown White Crown Branch Restrictions	0.15%	$2,500	Learn More Add Review
Metrum Community Metrum Community Branch Restrictions	0.15%	$2,500	Learn More Add Review
Denver Community Cu D.b.a. Zing Cu Federal Branch Restrictions	0.15%	$100	Learn More Add Review
Rate History: 0.20% → 0.15%
Rocky Mountain Law Enforcement Denver Branch Restrictions	0.15%	$2,500	Learn More Add Review
Foothills Foothills Credit Union Branch Restrictions	0.15%	$2,500	Learn More Add Review
Arapahoe Arapahoe Credit Union Englewood Branch Restrictions	0.12%	$25,000	Learn More Add Review
Metrum Community Metrum Community Branch Restrictions	0.10%	$2,500	Learn More Add Review
Arapahoe Arapahoe Credit Union Englewood Branch Restrictions	0.10%	$2,500	Learn More Add Review
Red Rocks Red Rocks Branch Restrictions	0.10%	$10,000	Learn More Add Review
Star Usa Restrictions	0.10%	$10	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Colorado Colorado Branch Restrictions	0.10%	$1	Learn More Add Review
Aurora Schools Main Branch Restrictions	0.10%	$2,500	Learn More Add Review
Denver Fire Department Denver Fire Departme Branch Restrictions	0.10%	$2,500	Learn More Add Review
Sooper Sooper Branch Restrictions	0.10%	$5	Learn More Add Review
Haxtun Community Haxtun Community Branch	0.10%	$2,500	Learn More Add Review
Fitzsimons Fitzsimons Branch Restrictions	0.10%	$2,000	Learn More Add Review
First Technology Addison Avenue Branch Restrictions	0.10%	$1	Learn More Add Review
Rate History: 0.25% → 0.15% → 0.10%
Westminster Westminster Branch Restrictions	0.09%	$2,500	Learn More Add Review
Westminster Westminster Branch Restrictions	0.08%	$2,500	Learn More Add Review
Aurora Schools Main Branch Restrictions	0.05%	$2,500	Learn More Add Review
Star Usa Restrictions	0.05%	$5	Learn More
RaShaun \| Aug 31, 2020 Great rates and fast loans Read More Reviews (1)
Space Age Space Age Branch Restrictions	0.05%	$2,500	Learn More Add Review
Fitzsimons Fitzsimons Branch Restrictions	0.05%	$250	Learn More Add Review
Ent Lodo Center Branch Restrictions	0.05%	$0	Learn More Add Review
Security Service Security Service Branch Restrictions	0.05%	$0	Learn More
long time disgruntled \| Nov 5, 2023 I am a 30 year customer at this institution. Recently applied for a CD funded by money already in the system different account. 10 days later has still not been processed. Multiple calls no solution, at t... Read More Reviews (1)
Red Rocks Red Rocks Branch Restrictions	0.05%	$2,500	Learn More Add Review
Air Academy Highlands Ranch Branch Restrictions	0.05%	$5	Learn More Add Review
Aurora Main Branch Restrictions	0.05%	$2,500	Learn More Add Review
Arapahoe Arapahoe Credit Union Englewood Branch Restrictions	0.05%	$2,500	Learn More Add Review
White Crown White Crown Branch Restrictions	0.05%	$2,500	Learn More Add Review
Westerra Green Mtn Branch Restrictions	0.05%	$100	Learn More Add Review
Credit Union Of Denver Building 67 Branch Restrictions	0.05%	$5	Learn More Add Review
On Tap Coors Cu - Terumobct Branch Restrictions	0.05%	$5	Learn More Add Review
Rocky Mountain Law Enforcement Denver Branch Restrictions	0.05%	$2,500	Learn More Add Review
Edu Restrictions	0.01%	$1	Learn More Add Review
Columbine Columbine Branch Restrictions	0.01%	$2,500	Learn More Add Review

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.

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Branches Info around Parker, CO - June 15, 2025

Branch	Street	City	State
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
CANVAS Public Service Emplo Public Service Emplo Branch	5944 S Kipling St, Suite 100	Littleton	CO
SOOPER CU DBA CLIMB CU Sooper Sooper Branch	5590 West Evans Ave	Denver	CO
SOOPER CU DBA CLIMB CU Sooper Sooper Branch	5590 West Evans Ave	Denver	CO
CANVAS Public Service Emplo Public Service Emplo Branch	5944 S Kipling St, Suite 100	Littleton	CO
CREDIT UNION OF DENVER Building 67 Building 67 Branch	1 DENVER FEDERAL CTR	LAKEWOOD	CO
SOOPER CU DBA CLIMB CU Sooper Sooper Branch	5590 West Evans Ave	Denver	CO
CREDIT UNION OF DENVER Building 67 Building 67 Branch	1 DENVER FEDERAL CTR	LAKEWOOD	CO
SOOPER CU DBA CLIMB CU Sooper Sooper Branch	5590 West Evans Ave	Denver	CO
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
ON TAP Coors Cu - Terumobct Coors Cu - Terumobct Branch	10811 W Collins Ave	Lakewood	CO
CREDIT UNION OF DENVER Building 67 Building 67 Branch	1 DENVER FEDERAL CTR	LAKEWOOD	CO
CREDIT UNION OF DENVER Building 67 Building 67 Branch	1 DENVER FEDERAL CTR	LAKEWOOD	CO
SECURITY SERVICE Security Service Security Service Branch	7800 West Quincy Avenue	Littleton	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
DENVER COMMUNITY CU D.B.A. ZING CU Federal Federal Branch	1095 Federal Blvd	Denver	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
DENVER COMMUNITY CU D.B.A. ZING CU Federal Federal Branch	1095 Federal Blvd	Denver	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
DENVER COMMUNITY CU D.B.A. ZING CU Federal Federal Branch	1095 Federal Blvd	Denver	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
CANVAS Public Service Emplo Public Service Emplo Branch	5944 S Kipling St, Suite 100	Littleton	CO
CANVAS Public Service Emplo Public Service Emplo Branch	5944 S Kipling St, Suite 100	Littleton	CO
ON TAP Coors Cu - Terumobct Coors Cu - Terumobct Branch	10811 W Collins Ave	Lakewood	CO
DENVER COMMUNITY CU D.B.A. ZING CU Federal Federal Branch	1095 Federal Blvd	Denver	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
ON TAP Coors Cu - Terumobct Coors Cu - Terumobct Branch	10811 W Collins Ave	Lakewood	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
ENT Lodo Center Lodo Center Branch	1499 Wynkoop St Ste 100	Denver	CO
ON TAP Coors Cu - Terumobct Coors Cu - Terumobct Branch	10811 W Collins Ave	Lakewood	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
ENT Lodo Center Lodo Center Branch	1499 Wynkoop St Ste 100	Denver	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
AURORA Main Branch Main Branch	610 S Abilene St	Aurora	CO
SECURITY SERVICE Security Service Security Service Branch	7800 West Quincy Avenue	Littleton	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
DENVER FIRE DEPARTMENT Denver Fire Departme Denver Fire Departme Branch	2201 FEDERAL BLVD	DENVER	CO
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
AURORA Main Branch Main Branch	610 S Abilene St	Aurora	CO
SECURITY SERVICE Security Service Security Service Branch	7800 West Quincy Avenue	Littleton	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
FOOTHILLS Foothills Credit Union Foothills Credit Union Branch	7990 W Alameda Ave	Lakewood	CO
THE DISTRICT Main Main Branch	751 Chambers Rd	Aurora	CO
METRUM COMMUNITY Metrum Community Metrum Community Branch	5400 S. Delaware St	Littleton	CO
FOOTHILLS Foothills Credit Union Foothills Credit Union Branch	7990 W Alameda Ave	Lakewood	CO
SPACE AGE Space Age Space Age Branch	6760 E. Irvington Place	Denver	CO
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	9127 S. Jamaica St., East	Englewood	CO
WHITE CROWN White Crown White Crown Branch	1515 CLEVELAND PLACE, SUITE 100	DENVER	CO
AURORA Main Branch Main Branch	610 S Abilene St	Aurora	CO
FITZSIMONS Fitzsimons Fitzsimons Branch	1400 JACKSON ST, RM K105	DENVER	CO
COLUMBINE Columbine Columbine Branch	2305 E Arapahoe Rd Ste 234	Centennial	CO
CREDIT UNION OF COLORADO, A Lakewood Branch Lakewood Branch	9140 W 6th Ave	Lakewood	CO
NAVY FEDERAL CREDIT UNION Navy Federal Credit Navy Federal Credit Branch	1125 South Tower Road	Aurora	CO
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
COLORADO Colorado Colorado Branch	8331 Continental Divide Road	Littleton	CO
WHITE CROWN White Crown White Crown Branch	1515 CLEVELAND PLACE, SUITE 100	DENVER	CO
RED ROCKS Red Rocks Red Rocks Branch	12257 Wadsworth Blvd	Littleton	CO
THE DISTRICT Main Main Branch	751 Chambers Rd	Aurora	CO
METRUM COMMUNITY Metrum Community Metrum Community Branch	5400 S. Delaware St	Littleton	CO
FITZSIMONS Fitzsimons Fitzsimons Branch	1400 JACKSON ST, RM K105	DENVER	CO
WESTMINSTER Westminster Westminster Branch	7590 W 48th Ave	Wheat Ridge	CO
ROCKY MOUNTAIN LAW ENFORCEMENT Denver Branch Denver Branch	700 W 39th Ave	Denver	CO
FOOTHILLS Foothills Credit Union Foothills Credit Union Branch	7990 W Alameda Ave	Lakewood	CO
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	9127 S. Jamaica St., East	Englewood	CO
WESTMINSTER Westminster Westminster Branch	7590 W 48th Ave	Wheat Ridge	CO
COLUMBINE Columbine Columbine Branch	2305 E Arapahoe Rd Ste 234	Centennial	CO
ENT Lodo Center Lodo Center Branch	1499 Wynkoop St Ste 100	Denver	CO
COLORADO Colorado Colorado Branch	8331 Continental Divide Road	Littleton	CO
WHITE CROWN White Crown White Crown Branch	1515 CLEVELAND PLACE, SUITE 100	DENVER	CO
METRUM COMMUNITY Metrum Community Metrum Community Branch	5400 S. Delaware St	Littleton	CO
DENVER COMMUNITY CU D.B.A. ZING CU Federal Federal Branch	1095 Federal Blvd	Denver	CO
ROCKY MOUNTAIN LAW ENFORCEMENT Denver Branch Denver Branch	700 W 39th Ave	Denver	CO
FOOTHILLS Foothills Credit Union Foothills Credit Union Branch	7990 W Alameda Ave	Lakewood	CO
ARAPAHOE Arapahoe Credit Union Englewood Branch Arapahoe Credit Union Englewood Branch	303 E Hampden Ave	Englewood	CO
METRUM COMMUNITY Metrum Community Metrum Community Branch	5400 S. Delaware St	Littleton	CO
ARAPAHOE Arapahoe Credit Union Englewood Branch Arapahoe Credit Union Englewood Branch	303 E Hampden Ave	Englewood	CO
RED ROCKS Red Rocks Red Rocks Branch	12257 Wadsworth Blvd	Littleton	CO
CANVAS Public Service Emplo Public Service Emplo Branch	5944 S Kipling St, Suite 100	Littleton	CO
COLORADO Colorado Colorado Branch	8331 Continental Divide Road	Littleton	CO
THE DISTRICT Main Main Branch	751 Chambers Rd	Aurora	CO
DENVER FIRE DEPARTMENT Denver Fire Departme Denver Fire Departme Branch	2201 FEDERAL BLVD	DENVER	CO
SOOPER CU DBA CLIMB CU Sooper Sooper Branch	5590 West Evans Ave	Denver	CO
HAXTUN COMMUNITY Haxtun Community Haxtun Community Branch	229 S COLO AVE	HAXTUN	CO
FITZSIMONS Fitzsimons Fitzsimons Branch	1400 JACKSON ST, RM K105	DENVER	CO
SECURITY SERVICE Security Service Security Service Branch	7800 West Quincy Avenue	Littleton	CO
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	9127 S. Jamaica St., East	Englewood	CO
WESTMINSTER Westminster Westminster Branch	7590 W 48th Ave	Wheat Ridge	CO
WESTMINSTER Westminster Westminster Branch	7590 W 48th Ave	Wheat Ridge	CO
THE DISTRICT Main Main Branch	751 Chambers Rd	Aurora	CO
SPACE AGE Space Age Space Age Branch	6760 E. Irvington Place	Denver	CO
FITZSIMONS Fitzsimons Fitzsimons Branch	1400 JACKSON ST, RM K105	DENVER	CO
ENT Lodo Center Lodo Center Branch	1499 Wynkoop St Ste 100	Denver	CO
SECURITY SERVICE Security Service Security Service Branch	7800 West Quincy Avenue	Littleton	CO
RED ROCKS Red Rocks Red Rocks Branch	12257 Wadsworth Blvd	Littleton	CO
AIR ACADEMY Highlands Ranch Highlands Ranch Branch	545 W Highlands Ranch Pkwy	Highlands Ranch	CO
AURORA Main Branch Main Branch	610 S Abilene St	Aurora	CO
ARAPAHOE Arapahoe Credit Union Englewood Branch Arapahoe Credit Union Englewood Branch	303 E Hampden Ave	Englewood	CO
WHITE CROWN White Crown White Crown Branch	1515 CLEVELAND PLACE, SUITE 100	DENVER	CO
WESTERRA Green Mtn Branch Green Mtn Branch	355 Union Blvd	Lakewood	CO
CREDIT UNION OF DENVER Building 67 Building 67 Branch	1 DENVER FEDERAL CTR	LAKEWOOD	CO
ON TAP Coors Cu - Terumobct Coors Cu - Terumobct Branch	10811 W Collins Ave	Lakewood	CO
ROCKY MOUNTAIN LAW ENFORCEMENT Denver Branch Denver Branch	700 W 39th Ave	Denver	CO
FIRST TECHNOLOGY Addison Avenue Addison Avenue Branch	9127 S. Jamaica St., East	Englewood	CO
COLUMBINE Columbine Columbine Branch	2305 E Arapahoe Rd Ste 234	Centennial	CO

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

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.