Sep, 30, 2025 — ELEVATIONS CREDIT UNION is a federally insured state chartered credit union headquartered in BOULDER, CO with 14 branch locations and about $3.42 billion in total assets. Opened 74 years ago in 1952, ELEVATIONS CREDIT UNION has about 179,745 members and employs 539 full and part-time employees offering various banking and financial related services such as Checking & Savings accounts, ATM/Debit Card Program and more.
| Name: | ELEVATIONS CREDIT UNION |
|---|---|
| Address: (Main Office) | 2960 Diagonal Highway BOULDER, CO 80301-1412 |
| Phone: | (303) 443-4672 |
| Fax: | (303) 443-0387 |
| Website: | https://www.elevationscu.com |
| Branches: | 14 branch locations |
| Members: | 179,745 |
| Credit Union Type: | Federally Insured State Chartered Credit Union |
| Charter Number: | 68565 |
|---|---|
| Membership Type: | State chartered natural person |
| Corporate Credit Union: | No |
| Year Opened: | 1952 |
| Last Audited: | Dec 01, 2024 |
| FHLB Member: | Yes |
| Low Income Designation: | No |
| Assets: | $3,415,724,695 |
| CEO/Manager: | Gerry Agnes |
| Chairperson: | Ray Martinez |
| ASSETS: | $ Amount |
|---|---|
| Cash & Equivalents | 210,743,088 |
| TOTAL INVESTMENTS | 0 |
| Loans Held for Sale | 25,031,025 |
| Real Estate Loans | 2,408,264,395 |
| Unsecured Loans | 100,238,018 |
| Other Loans | 124,517,414 |
| TOTAL LOANS | 2,633,019,827 |
| (Allowance for Loan & Lease Losses or Allowance for Credit Losses on Loans & Leases) | -18,113,676 |
| Land And Building | 49,123,249 |
| Other Fixed Assets | 8,608,171 |
| NCUSIF (National Credit Union Share Insurance Fund) Deposit | 23,484,382 |
| All Other Assets | 447,081 |
| TOTAL ASSETS | 3,415,724,695 |
| LIABILITIES & CAPITAL: | |
| Dividends Payable | 0 |
| Notes & Interest Payable | 313,159,000 |
| Accounts Payable & Other Liabilities | 105,392,824 |
| Uninsured Secondary Capital and Subordinated Debt Included in Net Worth | 0 |
| Share Drafts | 784,914,642 |
| Regular shares | 750,402,362 |
| All Other Shares & Deposits | 1,072,568,385 |
| TOTAL SHARES & DEPOSITS | 2,607,885,387 |
| TOTAL LIABILITIES | 3,029,626,948 |
| Regular Reserve | 0 |
| Other Reserves | 7,168,684 |
| Undivided Earnings | 378,929,063 |
| TOTAL EQUITY | 386,097,747 |
| TOTAL LIABILITIES, SHARES, & EQUITY | 3,415,724,695 |
| INCOME & EXPENSE | |
| Loan Income | 111,757,677 |
| Investment Income | 16,881,840 |
| Other Income | 4,455,443 |
| Total Employee Compensation & Benefits | 57,912,267 |
| NCUSIF (National Credit Union Share Insurance Fund) Premiums Expense | 0 |
| Total Other Operating Expenses | 42,422,466 |
| Non-operating Income & (Expense) | 1,185,803 |
| NCUSIF Stabilization Income | N/A |
| Provision for Loan/Lease Losses or Total Credit Loss Expense | 1,983,401 |
| Cost of Funds | 32,204,166 |
| NET INCOME (LOSS) EXCLUDING STABILIZATION EXPENSE & NCUSIF PREMIUM | N/A |
| Net Income (Loss) | 29,234,045 |
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