Promotions and bonus offers from Elevations Credit Union in Colorado will be updated at this page.
Established in 1952 and headquartered in Boulder, Colorado, Elevations CU has around 15 locations in the state. If you’re not a Colorado resident, see the Bank Promotions page for offers from bigger banks like Chase, Bank of America, TD Bank and more.
- Update 7/2/2023: Offer is back through 9/30/2023.
[su_panel shadow=”3px 3px 3px #eeeeee” radius=”2″ text_align=”center”]Membership Info For Elevations Credit Union:
Membership in Elevations Credit Union is open to anyone in the state of Colorado through making a $15 donation to the Elevations Foundation. Membership is also open to the following: (1) those who live or work in Adams, Boulder, Broomfield, Denver, Jefferson, Larimer and Weld Counties in Colorado; (2) faculty, staff and students of CU-Boulder and Naropa University; (3) employees of City of Boulder, Boulder County and over 200 area Company Members. Current membership info.[/su_panel]
I checked the rates from Elevations and they don’t compete well with the nation’s best. Compare the best Savings rates here and the best CD rates here.
I’ll review the current Elevations CU offers below.
Elevations Credit Union $100 Checking Bonus
If you’re a University of Colorado student and open a new Checking account with Elevations you can qualify for a $100 bonus. Some students received a mailer for this offer.
- $100 bonus offer expires 9/30/2023
- Buff One Banking account is eligible for the offer
- Available in Colorado only, and to University of Colorado students only
- Direct deposit is not required for the bonus
- Application will trigger a Soft Pull, which does not affect your credit
- No monthly fees with the Checking account
- Your new account must stay open until May 1, 2024 or you will forfeit the bonus
READ MORE: WELCOME OFFERS FROM AXOS AND BMO.
How To Get The $100 Bonus
- Elevations will deposit $100 into the Membership Savings account.
- A new Buff One Banking checking account is required for eligibility.
- Must be a new Elevations member and a University of Colorado Boulder student.
- If the account does not remain open through May 1, 2024, your $100 will be forfeited and debited from the account balance.
- The $100 will be described as a dividend adjustment on your account.
- You will receive a 1099-INT form stating dividend income for tax reporting purposes.
TRENDING DEAL:
Disclaimers:
The Annual Percentage Yield (APY) is accurate as of 10/3/2025. The base and promotional interest rate and corresponding APY for Axos ONE® Checking is variable and is set at our discretion. The base and promotional interest rate and corresponding APY for Axos ONE® Savings is variable and is set at our discretion. Axos ONE® Savings is a tiered variable rate account. Axos ONE® Checking is a non-tiered variable rate account. Interest rates may change as often as daily without prior notice. Fees may reduce earnings.Promotional terms and conditions are subject to change or removal without notice. Incentive may be taxable and reported on IRS Form 1099-MISC. Consult your tax advisor. After the accounts are opened, the amount of incentive earned will depend on meeting the additional requirements outlined below.The Axos ONE® Checking account will earn a base rate of 0.00% APY. The Axos ONE® Savings account will earn a base rate of up to 1.00% APY.Axos ONE® accounts are eligible to receive a promotional APY for each statement cycle where the promotional criteria are met during the Qualification Period. To receive the promotional APY on both Axos ONE® Checking and Axos ONE® Savings, the Axos ONE® Checking account must meet both of the requirements in either Option 1 or Option 2 below during the Qualification Period:Option 1Your Axos ONE® Checking account has received monthly qualifying direct deposits of at least $1,500 in total.The average daily balance of your Axos ONE® Checking account is at least $1,500.Option 2Your Axos ONE® Checking account has received monthly qualifying deposits of at least $5,000 in total.The average daily balance of your Axos ONE® Checking account is at least $5,000.If both of the requirements in either Option 1 or Option 2 above are met during the Qualification Period:The Axos ONE® Checking account will earn a promotional rate of 0.51% APY for the statement cycle in which the requirements are met.The Axos ONE® Savings account will earn a promotional rate of up to 4.51% APY for the statement cycle in which the requirements are met.The Qualification Period begins on the first business day of the month and runs through the 25th of the month. If the 25th of the month is followed by a non-business day, the average daily balance will be calculated including the following non-business day(s). Any qualifying deposits or qualifying direct deposits received after the 25th of the month will count toward the next Qualification Period. The Qualification Period for new accounts will begin on the day the account is approved. New accounts opened on or after the 25th of the month will be eligible to earn the promotional APY starting in the following month.A direct deposit is an electronic deposit of your paycheck or government benefits, such as Social Security, Disability, etc. International paychecks, international government benefits, other deposits (i.e., online banking transfers, ATM and mobile check deposits, etc.), or person-to-person payments are not considered a direct deposit.Qualifying deposits only include deposits from the following eligible sources: (i) ACH transfers from external accounts, (ii) inbound wire transfers from external accounts, (iii) check deposits. Qualifying deposits do not include: (i) transfers internal to the bank (i.e., transfers between an account holder’s Checking and/or Savings account), (ii) interest payments, (iii) promotional bonuses, (iv) credits, reversals, and refunds.Both accounts must be in an open and active status on the 25th of the month and on the date the interest is paid to receive the promotional APY for that statement cycle. If either account closes during the Qualification Period, neither account will be eligible to earn the promotional APY for that statement cycle. Account transactions may take one or more business days from the transaction date to post to the account. Show Less
The Monthly Fee
Buff One Banking has no monthly fees.
Fine Print
- Only one new account promotion per member
- Must be a new Elevations member and a University of Colorado Boulder student
- $100 will be deposited into the Membership Savings account
- A new Buff One Banking checking account is required
- The $100 will be described as a dividend adjustment on the account
- A 1099-INT form will be sent for tax reporting purposes
- If the account is closed before May 1, 2024, $100 will be debited from the account
- Offer valid from May 1, 2023, through September 30, 2023
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
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