DENVER (11/28/12)--Colorado credit unions are seeing a rise in new memberships, more than a year after Bank Transfer Day (BTD).
In the past year, credit union membership in the state has risen by 2.4% to 1.46 million--the first increase in three years and the largest since 2001 (The Denver Post Nov. 26).
That increase is nearly identical to the national trend, the Mountain West Credit Union Association, which represents credit unions in Arizona, Colorado and Wyoming, told the newspaper.
Credit unions finally are getting their due as the community-involved, member-focused organizations they always have been, Dan Kester, president/CEO of the $262 million asset Sooper CU in Arvada, Colo., told the paper.
A Credit Union National Association survey conducted in February indicated three out of four people surveyed think credit unions look out for the "little guy" compared with 18% who feel the same way about banks, the paper said.
The article also mentions Ent FCU in Colorado Springs and Bellco CU in Greenwood Village, Colo.
To read the article, use the link.