Premier Members CU is committed to our membership and serving and supporting our local communities. Between our full range of financial products, our warm and friendly staff, and the countless services built to provide our membership with everything they need, there’s no limit to what we can do for you.


Few people would say there’s an art to banking. Money in. Money out. A fee or two along the way. But we see it differently. Maybe because we don’t have customers, we have members. Because we treat them like family more than clients. Because the loans you pay can help your neighborhood schools. Because we plan your future with the care of a craftsman. Because a kid with their first twenty-dollar bill is like a millionaire to us. They certainly feel like it, so we should too. We make taking care of our members an art. Giving back with better rates and paying it forward in our communities. Call us old-fashioned, but we think the art we put in is the way banking was meant to be. And luckily, people are into things like that these days. Their bikes are custom. Their food, clean and organic. So if it helps, call us hipster bankers. Because yes, you could say our new way of banking is just a little old-fashioned. And we consider ourselves the Artisans of Banking. Just without the fancy beards.

Premier Members Credit Union.
The Artisans of Banking.

Our History

Premier Members Credit Union was born from a partnership of two strong, financially sound credit unions with over 100 years of combined banking experience in both Boulder County and throughout Colorado:

  • On May 1st, 2015 Boulder Valley Credit Union and Premier Members Federal Credit Union joined forces in a “merger of equals” to form a new credit union called Premier Members Credit Union.

These two great financial institutions exist today as one acting as your preferred local financial institution alternative. The combined Credit Union serves members and employers nationwide and across the world with most members residing in Colorado within Boulder, Denver, Arvada, Estes Park, Louisville, Broomfield, Westminster, Firestone, Greenwood Village, Longmont, Castle Rock, Pueblo, and many other surrounding local communities.

Below is the history detailing where these two long-standing and successful financial institutions came from…

This History of Premier Members Federal Credit Union

During its 50 years of operation, Premier Members Federal Credit Union had grown from a small financial institution serving employees of the IBM Corporation to one that served thousands of members throughout Colorado and nationwide. When it merged with Boulder Valley CU it served 40,000+ members with more than $500 million in total assets. The following is a brief list of notable events in the history of Premier Members FCU:

  • February 16, 1966 – A group of workers at IBM decided they wanted high-quality financial service. They were all previous credit union members, and they believed that the credit union philosophy of working together allowed for a better financial experience. Determined to establish a local credit union for themselves and for their coworkers, these twenty-five people joined together on February 16, 1966 and created what was originally called the IBM Boulder Federal Credit Union.
  • In 1972, the credit union changed its name to better reflect its expanding member base. It became the IBM Colorado Employees Federal Credit Union.
  • In 1975, the credit union’s excellent service helped it grow until it served IBM employees throughout the Rocky Mountain Region. On November 21, 1975, the credit union again changed its name, this time to IBM Rocky Mountain Employees Federal Credit Union.
  • In 2000, other businesses noticed the high quality service and products the credit union offered, and they also joined, giving their employees the benefit of credit union care. With several new companies joining, the credit union was changing from a single company credit union for IBM into a diversified credit union, and its name needed to change. On January 3, 2000, the credit union adopted its current name: Premier Members Federal Credit Union.
  • In 2002, Premier Members merged with Mile High Turkey Federal Credit Union, which served ConAgra’s poultry operations in Colorado. The merger allowed the credit union to expand its membership base, enabling it to offer a wider variety of products and services.
  • In 2010, to continue improving its service to members, the credit union merged with Colorado United Credit Union. The merger gave the credit union three more branch locations, expanding its reach and offering more convenience to its members.
  • Also in 2010, Premier Members merged with Farmer’s Union Federal Credit Union, increasing its membership base and offering FUFCU members a wider variety of financial products.

The History of Boulder Valley Credit Union

During its 60+ years of operation, Boulder Valley Credit Union had grown from a small financial institution serving teachers in the Boulder Valley School District to one that serves thousands of members throughout Colorado and nationwide. When it merged with Premier Members FCU it served 25,000+ members with more than $320 million in total assets. The following is a brief list of notable events in the history of Boulder Valley CU:

  • January 14, 1959 – Boulder Valley Schools Credit Union was organized and chartered. – 17 enthusiastic charter members deposited their $5 and beginning assets totaled $85 – The office was a filing cabinet and a money box in a classroom at Casey Jr. High. – Loan maximum amounts were set at $200 per member. – By year-end, assets were $19,977 serving 119 members, deposit insurance was 15 cents, and expenses were $2.99.
  • In 1963, the credit union moved to the basement of Central High School on 15th and Walnut.
  • In 1971, the credit union moved to the Boulder Valley School District Education Center on 65th and Arapahoe.
  • In 1976, BVCU expanded its field of membership to allow employer groups to affiliate. – Estes Park School District was the first group to affiliate – Assets were $2.5 million with 2,500 members.
  • In 1987, the credit union removed “Schools” from its name and became Boulder Valley Credit Union. – The office moved to 55th and Arapahoe. – Assets were at $22 million, serving nearly 6,400 members.
  • In 1994, students were eligible to join the credit union, membership reached 10,000 with $45 million in assets.
  • In 1996, the Estes Park Branch was opened.
  • In 1998, Boulder Community Hospital Credit Union merged with BVCU adding over 1,500 members.
  • In 2003, in-house mortgages were introduced.
  • In 2005, BVCU opened its fourth office in Louisville.
  • In 2007, BVCU became the first fully eco-conscious bank or credit union in Colorado thereby setting the bar and leading the way as an example for other Colorado financial institutions. Included in the eco-efforts were: solar panels added to the building and a variety of recycle bins and proper waste disposal receptacals.
  • In 2009, BVCU opened its first full-service student branch location at Boulder High. The student branch program was established as a financial literacy objective along with the school district.
  • In 2010, BVCU opened student branches at both Monarch High and Fairview High
  • In 2011, BVCU opened its fourth student branch at Centaurus High.
  • In December 2012, BVCU became the primary credit union for Ball Corporation and its 3,000+ employees.

Pillars of Being Premier

The success of a financial institution is built on the values, promises, and performance it provides its membership. At Premier Members CU, we define these as the Six Pillars of Being Premier. These pillars serve to make your Credit Union a strong, thriving financial institution and represent the areas we go above and beyond to serve you and the communities you live in.

Premier: Everywhere

We are everywhere you need us to be! While we are likely right around the corner at one of our 13 Colorado locations, we also boast a nationwide network of 5,000+ shared branches and 30,000+ surcharge-free ATMs. No matter where our members’ travels take them, we’re nearby!

Premier: Gives

We provide the communities we serve with funds and employee volunteers to support the initiatives of education, financial literacy, and local community based giving. We are passionate in supporting the communities that both our members and employees live, and we believe in taking action and being proactive to make our communities a better place today and tomorrow.

Premier: Innovation

In this increasingly technological and mobile world, we make accessing and managing accounts as easy as possible by staying on the forefront of technology while keeping security and fraud protection in mind. Constantly innovating is a priority for us in servicing our members, so that they can be assured of benefiting from new technologies as they are introduced into our industry.

Premier: Service

Smiling faces, personal service, and fanatical support; these are the key ingredients behind the philosophy of offering our members “Premier” service. Our goal is to serve all of our members to the best of our abilities, including those of modest means. Every member, every interaction, every day. As a unified team, we make the most of every opportunity to remind our members why they chose to bank Premier in the first place – we care!

Premier: Sustainability

Our eco-conscious efforts are based upon programs designed to further our culture of environmental responsibility within the communities we serve. We are seeking to promote and encourage our members, partners, and other financial institutions to help reduce the footprint we leave on our environment. A sustainable lifestyle both inside the workplace and at home, to ensure a sustainable future for our members’ families and yours.

Premier: Youth

Improving the financial literacy of our youth and educating younger generations on how to prepare for financial independence is a staple of the “Premier” experience. In addition to specific youth-based products and services, we have established financial literacy and student credit union programs in area schools to teach important money management skills before graduation. A targeted, age-specific focus on our youth today to help them find success in life tomorrow.

Rock Solid Financials

Premier Members CU is regulated by Colorado state laws. Deposits are federally insured up to $250,000 by the National Credit Union Share Insurance Fund (NCUSIF), administered by the National Credit Union Administration (NCUA). Therefore, you can rest assured your funds are insured and protected.

The Credit Union Difference

Choosing a credit union over a bank is one of the smartest financial decisions one can make. On average, credit unions are able to offer better rates and lower fees than any bank. This is because all credit union profits are passed directly back to their members. What that means for a member of Premier Members CU is higher rates on savings and certificates and much lower rates on loans! In addition to that immediate impact to your personal financial bottom line, there are many other benefits to doing your banking with a credit union.

Become a Member


Credit unions are not-for-profit financial cooperatives. We exist to serve our members, not to make a profit. Unlike most other financial institutions, credit unions do not issue stock or pay dividends to outside stockholders. Instead, earnings are returned to our members in the form of lower loan rates, higher interest on deposits, and lower fees.


Credit unions do pay taxes – payroll taxes, sales taxes, and property taxes. Congress exempts credit unions from federal income taxes. The exemption was established in 1937, affirmed by statute in 1951, and re-affirmed in 1998 in H.R. 1151, the Credit Union Membership Access Act, which states: “Credit unions, unlike many other participants in the financial services market, are exempt from Federal and most State taxes because credit unions are member-owned, democratically operated, not-for-profit organizations generally managed by volunteer boards of directors and because they have the specified mission of meeting the credit and savings needs of consumers, especially persons of modest means.”


Credit unions are an economic democracy. Each credit union member has equal ownership and one vote — regardless of how much money a member has on deposit. At a credit union, every customer is both a member and an owner.


Each credit union is governed by a board of directors, elected by and from the credit union’s membership. 

Membership Eligibility

By current federal statute, credit unions cannot serve the general public. People qualify for a credit union membership through their employer, organizational affiliations like churches or social groups, or a community-chartered credit union.

Who Can Join

Financial Education for Members

Credit unions assist members to become better-educated consumers of financial services. A national study shows that just ten hours of personal finance education can positively affect students’ spending and savings habits for a lifetime.

Social Purpose

People Helping People. Credit unions exist to help people, not make a profit. Our goal is to serve all of our members well, including those of modest means – every member counts. Our members are fiercely loyal for this reason. They know their credit union will be there for them in bad times, as well as good. The same people-first philosophy causes credit unions and our employees to get involved in community charitable activities and worthwhile causes – just ask us.

Transparency in Coverage Rule

This link leads to the machine-readable files that are made available in response to the federal Transparency in Coverage Rule and includes negotiated service rates and out-of-network allowed amounts between health plans and healthcare providers. The machine readable files are formatted to allow researchers, regulators, and application developers to more easily access and analyze data.