Ent Credit Union, the #1 credit union in the state of Colorado as ranked by Forbes in its inaugural “Best-In-State Credit Unions” survey in 2018, reported an unprecedented year of membership growth and financial performance in 2018.
Ent’s membership grew by more than 11 percent, with the credit union now serving more than 340,000 members throughout the state. Ent members received more than $43.8 million in dividends this past year, including more than $11 million in Ent Extras® cash rewards.
Ent’s strong membership growth was also coupled with strong financial performance in 2018, increasing total assets by more than 10 percent and total loans by more than 14 percent. S&P Global recently ranked Ent Credit Union #11 in its recent national list of “Best-performing credit unions of 2018,” the first appearance on the list of a Colorado-based credit union.
“Last year’s strong growth reflects the appeal that one organization focused on providing exceptional service, convenience, financial education and advice – in addition to competitive pricing and financial rewards – has with consumers,” said Ent’s CEO Chad Graves. “As Colorado’s leading credit union, we’re committed to delivering value in each of these areas in order to help our members live better financial lives.”
In October 2018, Ent Credit Union received approval from the state of Colorado’s Division of Financial Services (DFS) to add six additional Colorado counties to its field of membership. Ent can now offer credit union membership to individuals and businesses that live, work, worship or attend school in Adams, Boulder, Broomfield, Elbert, Larimer and Weld Counties. At the end of July 2018, Ent had more than 16,000 members residing in these six counties.