DENVER, CO. (April 30, 2015)– Denver Community Credit Union used the backdrop of its 80th Annual Membership Meeting to raise money to support the Children’s Hospital Colorado Foundation. Held at the Wings Over the Rockies Air and Space Museum on April 23, members paid a $5 entry fee that went towards the donation. Denver Community Credit Union announced a donation match, which brings the total raised to $6,400.
Denver Community began in 1934 when ten employees of the City of Denver established ownership and began providing financial services. Since then, the credit union has grown to $269 million in assets and its net worth ratio increased to 14% in 2014.
“2014 was a strong and steady year for the credit union, resulting in growth in our loan and asset portfolios,” said Carla Hedrick, President and CEO. “Our loan portfolio grew by 10.2% and our assets grew to $269 million. The need and want for new vehicles was evident in our loan portfolio, and we continued to support the local economy by providing 31 small business loans to help local businesses thrive.”
Denver Community Credit Union’s mission is to make a difference in the lives of members through financial opportunity. Board chairwoman Helen Gonzales said, “Denver Community remains safe and sound thanks to the hard work and dedication of staff. It is our primary responsibility to protect members’ financial assets, and we take that responsibility seriously.”
The 80th Annual Meeting featured an update for members on the financial performance of the credit union, as well as a presentation by the Children’s Hospital Colorado Foundation champion family. Concern for community is one of the core cooperative principles of credit unions. By supporting the Children’s Hospital Foundation, credit union members are making a difference in the community.
About Denver Community Credit Union
Since 1934, Denver Community Credit Union has been making a difference in members’ lives by providing financial opportunity. Anyone who lives or works in Adams, Arapahoe, or Denver Counties is welcome to become a member. We serve our communities with quality loans with low rates, and savings and checking products that help members effectively manage their money. Our staff provides top level service by focusing on finding solutions that help members reach further to achieve their financial goals. The credit union also positively impacts members and communities with the award-winning Clear Money Program; a financial education program. Learn more at https://www.denvercommunity.coop/