Colorado Credit Unions Are Good For The State’s Economy


Colorado Credit Unions have proven critical in supporting the state’s economy, consumers, and local communities.

An independent analysis performed by Oxford Economics, one of the world’s foremost independent global advisory firms, finds that Colorado’s credit unions contributed $2.2 billion and supported 17,900 jobs in the Colorado economy. 

The analysis, published in December 2024, measured credit unions’ impact in terms of Gross Domestic Product (GDP), employment, and wages. In addition to the Oxford Economics analysis, GoWest Credit Union Association’s community impact survey measured Colorado credit unions’ significant contributions to financial education, support for first-time homebuyers, service to underserved communities, and more.

Credit unions’ not-for-profit, cooperative structure, local footprint, and community engagement drive a unique impact that benefits the economy and provides people with tangible financial services and benefits they might not otherwise have access to. It’s no wonder 2.8 million consumers have chosen a credit union in Colorado as their financial services partner.
 


 

LEARN MORE & DOWNLOAD THE REPORTS

Credit unions are essential in Colorado. An independent analysis by economists at Oxford Economics and a community impact survey by GoWest Credit Union Association document their impressive economic impact.

CO Economic & Community Impact Report Oxford Economics Executive Summary


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COLORADO CREDIT UNION NEWS

Credit Unions Across the West Put the Cooperative Spirit Into Action on ICU Day

From volunteering in local communities to supporting people impacted by disasters and sharing the credit union mission through local media, credit unions across the GoWest region marked International Credit Union Day on Oct. 15 by putting the Credit Union Difference into action.

Councils Are Back for Round 3: Fresh Insight, Practical Takeaways, and Peer Connections

GoWest Councils are gearing up for a strong lineup for the final sessions of 2026. These sessions are designed to tackle timely challenges and deliver real-world strategies you can take back to your credit union.

GoWest Honors Advocacy Leaders With 2026 Top of the Hill Awards

The Top of the Hill award is presented to two credit unions in each GoWest state and celebrates credit unions that demonstrate exceptional growth and leadership in advocacy, grassroots engagement, and public policy influence that protects and advances the Credit Union Movement.

Credit Unions Come Together Again at Pints With Purpose and Raise $125,000 for CU4Kids

Hosted in collaboration with Colorado Credit Unions and credit union communities, the third annual Pints With Purpose brought approximately 350 credit union professionals and business partners together for an evening of fundraising for Credit Unions for Kids.

Help Shape What’s Next: 2027 Committee Nominations Extended to Oct. 23

GoWest is now accepting nominations for its 2027 committees, advisory groups and working groups, with opportunities spanning advocacy, regulation, innovation, communications, recognition, fraud prevention and more.

Six Credit Unions in the GoWest Region Receive National Credit Union Foundation At-Risk Youth Financial Well-Being Grants

The National Credit Union Foundation announced 24 credit unions, including six in the GoWest region, were selected to receive funding through its At-Risk Youth Financial Well-Being Grant.

Your Invitation to Connect: Credit Union Community Events in October Across the Region

Credit union communities gatherings offer a chance to meet like‑minded peers, share ideas, and strengthen the relationships that fuel the Credit Union Movement.

GoWest Member Credit Unions Shine as Luminaries Awards Finalists

Fourteen GoWest member credit unions have been named finalists for the Credit Union Times Luminaries Awards, earning recognition for programs and leaders making extraordinary contributions to the Credit Union Movement.

GoWest Leaders Among Nation’s Newest Credit Union Development Educators

The National Credit Union Foundation has named 54 leaders from across the United States as the next Credit Union Development Educators of 2026.

Climb Credit Union Earns “Best of the West” Recognition for Fourth Consecutive Year

Climb Credit Union was recognized again in The Daily Sentinel's Best of the West awards, a community-driven initiative that invites Colorado's Western Slope residents to nominate and vote for their favorite businesses and organizations.

Bring Your Expertise to a GoWest Committee in 2027

GoWest is now accepting nominations for its 2027 committees, advisory groups and working groups, inviting credit union leaders and professionals from across the region to get involved, collaborate with peers and help shape the future of the Movement.

Minnequa Works Credit Union and Wings Credit Union Sponsor Record-Breaking 2026 Legislative Barbecue

Minnequa Works Credit Union and Wings Credit Union collaborated as sponsors of the 2026 Legislative BBQ, hosted by the Greater Pueblo Chamber of Commerce during the Colorado State Fair.