Mountain West Credit Union Association Recognizes Premier Members as Credit Union of the Year

Boulder, Colo. (October 13, 2016) – Premier Members was awarded Credit Union of the Year from the Mountain West Credit Union Association (MWCUA) at their annual Star Gala on September 23, 2016. Premier Members Credit Union won the award for Credit Union of the Year in the Over $500 Million category. The Credit Union of the Year award recognizes credit unions for their innovation and outstanding achievements in the various areas of day-to-day operations, financial prowess, and member service. The MWCUA includes credit unions in Wyoming, Arizona, and Colorado.

“When [an individual] thinks of the MWCUA one thinks of a cooperative family,” said Carlos Pacheco, Premier Members Credit Union’s Chief Executive Officer. “They think of a community of financial institutions that support each other and join forces to be ‘better together.’ Premier Members has achieved just that.”

Premier Members Credit Union was formed in May 2015 when two well-capitalized, healthy credit unions of relatively equal size completed the largest “merger of equals” in Colorado history. The new Premier Members Credit Union was a result of the combination of products, services and resources of Premier Members Federal Credit Union and Boulder Valley Credit Union, which collectively brought greater value and convenience to their membership, employees and the communities they serve.

The new credit union continued to experience healthy growth while integrating the operations of two large organizations over the past year with Premier Members Credit Union’s asset growth of 8.5 percent and loans growth of 16.4 percent.

Since May of 2015, the merger and its impact were communicated and completed entirely in-house without outside assistance. The branding and reintroduction of the new credit union was also performed in-house.

About Premier Members: Premier Members Credit Union is a not-for-profit, eco-conscious financial institution dedicated to providing financial solutions to individuals and businesses in Boulder, Colo., and the Denver metro area. With more than 65,000 members, $900 million in assets, 13 full-service retail branch locations and four locations in area high schools, Premier Members has grown to become a leader in the credit union industry. Premier Members takes pride in giving back to the communities they serve, supporting a wide variety of activities and fundraising events for charitable organizations like United Way, Realities for Children of Boulder County, Junior Achievement and many more. To learn more, visit pmcu.org.

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Contact:
Andrea Balazs, Community & PR Coordinator
Premier Members Credit Union, 303.657.7304
abalazs@pmcu.org