Business Details
50+ Years
experience
Emergency
services
Your Trusted Partner for Personal and Business Banking in Denver, CO
Westerra Credit Union has served Colorado communities since 1934, providing personalized financial solutions rooted in local expertise. As a member-owned institution, we prioritize community impact through responsible lending practices, financial education initiatives, and tailored banking services. Our commitment to safety and soundness has earned us industry recognition, including Newsweek's Best Regional Banks and Credit Unions designation for two consecutive years. With over $2.1 billion in assets and 115,000+ members, we maintain strict underwriting standards that keep mortgage default rates exceptionally low while returning value to members through competitive rates and fee-free services.Our mergers with five Colorado credit unions have strengthened our ability to offer diverse financial products while maintaining local decision-making. Federally insured by NCUA, we combine technological innovation with personalized service through mobile banking apps, 24/7 digital tools, and physical branches across the Denver metro area.
Services
Mortgage Loans
Auto Financing
Credit Cards
Business Banking
Financial Education
Details
- Year established: 1934
Highlights and features
- Member-owned since 1934 with local lending expertise
- Provides free financial education programs and homebuyer seminars
- Maintains 9.92% capital/assets ratio for financial stability
- Named to Newsweek's Best Regional Banks list for two consecutive years
- Donated $540,000 to Colorado communities in the past year
Associations and certifications
- NCUA
- Newsweek
- Bauer Financial
What people say
Member-owned benefits
Financial education programs
Local decision-making
Competitive rates
Community support
Services
Mortgage Loans
Westerra offers competitive mortgage financing options including conventional, FHA, and VA loans. Our local underwriting team provides personalized guidance through the homebuying process. Energy-efficient home loans receive special rate considerations, and first-time buyers benefit from $500 closing cost discounts when attending our educational seminars.
Auto Financing
We provide new and used auto loans with flexible terms up to 72 months. Members saved $27.5 million in interest through refinancing options in the past year. Our lending team works with all credit profiles to find suitable financing solutions while maintaining conservative underwriting standards.
Business Banking
Local businesses access tailored checking accounts, merchant services, and commercial loans. Our digital platform offers cash management tools and payroll processing. As a member-owned institution, we reinvest profits locally through business lending that supports Colorado's economic growth and job creation.
Financial Education
We provide free financial literacy resources including classroom instruction, online tools, and homebuyer workshops. Our educational programs cover budgeting, credit management, and homeownership readiness. These initiatives align with Colorado's proposed high school financial literacy requirements and our community development mission.
Digital Banking
Our mobile app enables 24/7 account access with features like mobile check deposit, bill pay, and real-time alerts. Business members benefit from secure online dashboards for managing multiple accounts. Digital tools include eStatements, CardNav security features, and EMV chip card protections against fraud.
Questions
What are Westerra's membership eligibility requirements?
Membership is open to Colorado residents, employees of sponsor organizations like Denver Public Schools, and immediate family members of existing members.
How does Westerra support local communities?
We reinvest profits locally through loans, donate $540,000 annually, and provide financial education programs in schools and online.
What mortgage options are available for first-time buyers?
We offer conventional, FHA, and VA loans with competitive rates, plus $500 closing cost discounts for seminar attendees.
How can I access Westerra's digital banking services?
Download our mobile app for iOS or Android, or access online banking through our website for 24/7 account management.
What protections are available for loan payments?
Members Choice Borrower Security offers payment protection for qualifying life events, and GAP Plus covers vehicle loan balances in case of total loss.
Reviews (6)
January Frazier
Jan 21, 2022
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I went to Westerra to inquire about something extremely *specific* in order to see if I'd be able to open a business account. I did a walk-in and unfortunately they weren't able to see me due to being short on staff, but were able to make an appointment for me for the following day. When I walked in, I was immediately greeted by the teller who knew my name! (I can't remember her name but) the woman who helped me out was really informative and did her best to answer any questions. She provided recommendations on what I could do moving forward. Even though I ended up not opening an account, I was
Kelly Pelizza
Dec 17, 2021
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I needed to offer/close quickly in a hot market and Charmaine helped me through the entire process from pre approval to close. She was extremely knowledgeable, transparent and put everything together so quickly. She truly helped me navigate the unknown with confidence. I would highly recommend for first time home buyer/refinance.
Lee Lampert
Dec 13, 2021
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Joy Mantelli was very personable & professional in assisting us with a re-finance of our home. She helped us through the process of filling out the application, going through the approval process and finalizing the documents for the closing. She was Excellent and made the whole process very seamless!
Leanna Thorne
Dec 13, 2021
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We love Westerra. Always helpful and professional! Been with them from the beginning! We just bought our first home and JJ was fantastic in guiding us through everything!! We were very impressed with his professionalism and always answered the phone at all times when we needed him! He worked hard for us to get the best rates and quotes for our home insurance. We already recommend him to everyone!! Thank you JJ!! You are our friend for life!!
Troy Ritter
Nov 14, 2021
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Professional, solution-oriented, and transparent - having worked with other lenders along the front range, I appreciate how Westerra differentiates itself with a superior customer service experience and product offering for its clients. Very grateful to be a customer!
James Cross
Nov 13, 2021
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Their app is horrendous. Extremely limited functionality, restrictive password configuration requirements, and the app doesn't allow you to use a password you've ever used before. Heck, even ADP let's you recycle passwords after 3 different passwords are used. My car loan will be paid off in 2 months and I cannot wait to be done with this institution. I wanted to confirm they had my correct address on my account so the title for my BMW doesn't get lost when they mail it to me. There is no way to confirm or change your address through the app. You can't even view past statements. What's the point
