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Forbes Awards Westerra Best-in-State for 2nd Year

Denver, CO — July 13, 2021 — For the second year in a row, Forbes has named Westerra 
Credit Union one of the Best-In-State Credit Unions in the United States. Only 3.6% of the 5,068 
credit unions nationwide, and only five credit unions in Colorado, were selected for this list. 

Forbes partnered with Statista and identified America’s Best-In-State Credit Unions 2021
based on an independent survey of approximately 25,000 US consumers who were asked to
rate credit unions at which they have or previously have had checking accounts. Participants made
recommendations regarding overall satisfaction; they also assessed credit unions in the
following areas: Trust, Terms & Conditions, Branch Services, Digital Services, Customer Service, and
Financial Advice.

“Westerra is honored to once again be placed on the prestigious list,” said Westerra President/
CEO Jay Champion. “It sincerely means so much to our team that Colorado consumers and 
Westerra members rank us among the top financial institutions in the state - we are in good 
company.” 

Forbes noted that during the global pandemic, banks and credit unions helped members with 
relief efforts and low-cost lending options—and that small and midsized financial institutions 
were some of the most active participants in the Small Business Administration’s Paycheck 
Protection Program, helping small businesses nationwide retain staff and survive beyond the 
pandemic. 

“Over the past year we’ve seen our community come together, support one another and make it 
to the other side of this pandemic,” said Champion. “We feel our credit union has reflected this 
mentality by implementing relief loans, skip payment options and waived fees for consumers 
and businesses, including offering the Paycheck Protection Program through the US Small 
Business Administration that helped get relief for small businesses and their employees. We 
know there is still a lot of work to do, but we’re inspired by how Coloradan’s have rallied 
together and appreciate Forbes for recognizing this work.” 

In addition to financial services, Westerra also takes pride in their community engagement. 
Started by teachers 87 years ago, the credit union continues to carry their educational purpose 
forward through in-person and virtual consultations, financial checkups, online resources, and 
open forum discussions on topics like helping kids learn good financial habits, buying a first 
home, starting a business, retirement planning and everything in between. 

Westerra also started a school grant program over a decade ago as a nod to its roots. Since 
the inception of The School Grant Program, Westerra has given over $500,000 in grants to 
more than 1000 Denver metro area school programs.

“Supporting our neighbors through their big life moments is at the core of Westerra’s DNA. We 
do this throughout every vertical of our business; our entire team strives to make sure our 
members and their families always feel supported,” said Champion. “This acknowledgement 
from Forbes fuels our mission: To positively impact lives through personal attention and financial 
education.” 

To find out more about this recognition and to see what other financial institutions made the 
list, please visit: Forbes The Best Banks And Credit Unions In Every State 2021.

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