At first glance, banks and credit unions might look similar. They both offer checking accounts, savings options, loans, and credit cards. But the real difference lies in who they’re built for and who benefits from the money you deposit.
Banks are for-profit institutions. They’re owned by shareholders and designed to make profits for those investors. That means decisions, from interest rates to fees, are driven by what’s best for the bottom line.
Credit unions, on the other hand, are not-for-profit and member-owned. When you join Red Rocks Credit Union, you become a member and part-owner. That means profits are reinvested directly back into the membership community through better rates, lower fees, and improved services.
It’s a small shift that makes a big difference. At a bank, you’re one of millions of customers. At a credit union, you’re one of us.
When you bank with a credit union, your money stays close to home, supporting the people, businesses, and neighborhoods that make our community strong.
Unlike big banks that send profits to shareholders, credit unions reinvest earnings locally. That might mean offering lower loan rates, supporting local schools, sponsoring community events, or helping families find financial stability through education and advocacy.
At Red Rocks Credit Union, we’ve been part of Colorado since 1979. Our team volunteers locally, partners with community organizations, and looks for ways to make a tangible difference where we live and work. Because when our members thrive, our community thrives.
Banking local isn’t just convenient. It’s also powerful. Every deposit helps build something lasting right here in Colorado.
Banking with Red Rocks Credit Union means having a financial partner who’s genuinely on your side. One that supports your goals and helps simplify your everyday money decisions.
Here’s what you can expect when you’re part of Red Rocks CU.
When you call or walk into a branch, you’ll be greeted by real people who know your name and care about your story.
As a not-for-profit credit union, we return profits to members through competitive rates, lower fees, and honest communication.
From our upgraded digital banking platform to mobile check deposit and bill pay, you can manage your finances anytime, anywhere (without losing that personal touch).
Even though credit unions have been around for decades, a few misconceptions still keep people from joining. So let’s clear them up.
That used to be true for some credit unions, but not anymore. Most people who live or work in Colorado can become a Red Rocks Credit Union member, no special qualifications required.
Red Rocks CU offers everything you’d expect from a big bank, from checking and savings accounts to home loans, credit cards, and digital banking, but with more personal service and fewer fees.
Think again. Red Rocks CU is always working to make digital banking simpler, safer, and more convenient, so you can manage your money anytime, anywhere.
Not at all. Red Rocks CU members have access to thousands of shared branches and surcharge-free ATMs nationwide, so you’re never far from your money when you need it.
We're not trying to be banks. We're focused on being better partners.
These days, where you bank truly matters. At Red Rocks Credit Union, we’re here to make banking feel personal again.
We’ve been helping our members reach milestones big and small for decades. And whether you’re saving for your first home, paying off debt, or planning for the future, we’re here to help you move forward, without judgment, pressure, or fine print.
Because here, you’re not just a customer. You’re a member, an owner, and one of us.
Ready to experience the credit union difference?