Beneficial Ownership Information (BOI) Reporting Rule
Dear Valued Member,
We want to take a moment to express our heartfelt appreciation for the trust you place in Sooper Credit Union and to address any concerns you may have given recent turbulence in the banking industry. We assure you, the financial standing of Sooper remains fully intact. The credit union has been in business since 1951 and has not only survived difficult economic events of the past – it has thrived!
Sooper Credit Union continues to demonstrate great financial strength. With a net worth of 10.39%, we are one of the three strongest credit unions of our size or larger in Colorado. The National Credit Union Administration (NCUA) considers anything above 7% well-capitalized.
The bottom line – your money is safe at Sooper Credit Union!
Unlike for-profit financial institutions, Sooper is a not-for-profit cooperative owned by its members. We do not have stockholders and do not engage in risky practices to meet profit demands. As a not-for-profit cooperative, we are held accountable to our members. We live and work in the communities we serve, meaning your money stays local. We offer a broad portfolio of products and services, and decisions regarding those products and services are made in your best interest.
We also want to remind you Sooper Credit Union is insured by the National Credit Union Administration (NCUA) and maintains additional deposit insurance through Excess Share Insurance. Your deposits with us are insured up to $500,000, providing an extra layer of security and peace of mind knowing your money is in good hands. For more information, visit mycreditunion.gov/share-insurance.
At Sooper, we are committed to providing best-in-class service and protecting the financial well-being of our members. It is an honor to serve you and financially empower your life’s journey.
Thank you for your membership. If you have any questions or concerns, please, do not hesitate to reach out to us via chat or phone at 303.427.5005.
Sooper Credit Union empowers members to take charge of their lives and to achieve their goals. You'll find both innovative thinking and tried and true strategies in our Empowered Living toolkit.
Open an AccountAt Sooper Credit Union, we are committed to providing a website that is accessible to the widest possible audience in accordance with ADA guidelines. We are working to increase the accessibility and usability of our website for all users. If you are using a screen reader or other auxiliary aid and you encounter difficulties using the website, please contact us at (303) 427-5005 or (888) SOOPER1 for additional assistance. Products and services available on this website are available at our corporate office located at 5005 West 60th Ave Arvada, CO 80003.
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