Business Details
50+ Years
experience
Your Trusted Partner for Member-Owned Banking Solutions
Westerra Credit Union has been empowering members to achieve financial prosperity since 1934. As a member-owned cooperative, we prioritize personalized service, financial education, and community reinvestment. Our history of mergers with Denver Public Schools Credit Union, Safeway Rocky Mountain Federal Credit Union, and other institutions has strengthened our ability to offer competitive rates and diverse services. We maintain a 9.95% capital/assets ratio and hold a 5-star Bauer Financial rating, demonstrating our commitment to safety and soundness. Through federal insurance by NCUA and participation in the National Credit Union Share Insurance Fund, we ensure member deposits are protected up to $250,000.Our local decision-making approach keeps funds working within Colorado communities while maintaining strict lending standards that have kept mortgage default rates exceptionally low. We provide financial literacy resources through classroom programs and digital tools, serving over 120,000 members across the Denver metro area. Our merger history and economies of scale enable reduced operating costs and expanded service offerings without compromising our member-first philosophy.
Services
Mortgage
Auto Loans
Credit Cards
Savings Accounts
Financial Education
Details
- Year established: 1934
Highlights and features
- We are member-owned with over 85 years of local financial expertise
- Our 9.95% capital/assets ratio demonstrates strong financial stability
- Federally insured deposits protect member funds up to $250,000
- We maintain strict lending standards with low mortgage default rates
- Local decision-making keeps funds working within Colorado communities
Associations and certifications
- NCUA
- National Credit Union Share Insurance Fund
- Bauer Financial 5-star rating
Services
Mortgage Loans
Westerra offers conventional, FHA, and VA mortgage options with competitive rates. Our local underwriting process ensures faster approvals while keeping funds within Colorado communities. We maintain strict lending standards that have kept mortgage default rates exceptionally low.
Auto Financing
We provide new and used vehicle financing with GAP Plus protection options. Our members saved $27.5 million in interest through competitive auto loan rates last year. Refinancing options help members reduce monthly payments and interest costs.
Savings Accounts
From basic savings to high-yield money market accounts, we offer FDIC-insured deposit products. Our members earned $27.5 million in interest payments last year through competitive APYs on savings and certificate products.
Financial Education
We provide free first-time homebuyer seminars, classroom financial literacy programs, and digital tools to improve money management skills. Our educational resources help members make informed decisions about saving, borrowing, and investing.
Credit Cards
Our credit card options include rewards programs and EMV chip technology for security. We offer competitive rates with personalized credit limits based on individual financial profiles and responsible borrowing history.
Questions
How do I become a Westerra Credit Union member?
Membership requires living, working, or studying in the Denver metro area. Open an account with $5 to join our member-owned cooperative.
What loan products does Westerra offer?
We provide mortgages, auto loans, home equity loans, credit cards, and personal loans with competitive rates and local decision-making.
Are my deposits insured at Westerra?
Yes, all deposits are federally insured up to $250,000 through the National Credit Union Share Insurance Fund (NCUSIF).
Does Westerra offer financial education resources?
We provide free financial literacy tools, first-time homebuyer seminars, and classroom programs to help members make informed financial decisions.
How has Westerra maintained financial stability?
Through conservative lending practices, a 9.95% capital/assets ratio, and avoiding subprime lending since our 1934 founding.
