Minnequa Works Joins in Positive Impact to Colorado Economy

As your credit union, our first priority is your financial wellness. Since the beginning, credit unions have been accountable to their members, working to enrich and empower those who come to us for services.

As a cooperative, not-for-profit organizations, credit unions return earnings to you—our members—in the form of lower fees and better interest rates, as well as economic contributions, such as jobs and additional community investments.

Recently, an independent economic impact study conducted by ECONorthwest found that credit unions are essential to Colorado’s economy. Direct benefits for credit union members, such as low-interest home, vehicle, home-equity, and personal loans and higher interest earned on savings, positively affects our state and community. With those savings, over 12,000 members of Minnequa Works Credit Union are helping to stimulate our local economy.

Credit unions in our state account for billions in economic impact, in addition to supporting countless families directly with employee salaries. Credit union jobs have a positive ripple effect in our community by supporting additional jobs. The report finds that Colorado credit unions account for 6,300 jobs, and in turn, credit union operations support a total of 19,500 jobs in the state.

In Colorado, credit unions drove a positive impact of $4.1 billion on the state’s economy. As our economy grows. Colorado’s citizens benefit through increased job opportunities affording them the ability to achieve financial security.

As dependable lending partners to individuals and small businesses, credit unions are investing in the community to help drive economic growth. For example, Minnequa Works Credit Union works one-on-one with you— to find solutions tailored to your needs.

Credit unions foster the “People Helping People” philosophy that is central to our mission and our employees embrace the idea of giving back. Credit unions encourage employees to become actively involved in building strong communities that offer stability and opportunities for growth.

Giving back to our community is a vital mission for Minnequa Works Credit Union Credit Union. Our employees volunteer for a wide variety of causes, including PAWS, Junior Achievement, Dorcy Cancer Center, and so much more!

Minnequa Works Credit Union is proud to serve as a catalyst for financial well-being. Throughout the years, our focus on helping people and the community of Southern Colorado has served as a driving force that benefits our members, and the community that we call home.

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