Canvas Credit Union Colorado Springs CO | Low Mortgage Rates & Business Banking

Introduction

Welcome to Canvas, your trusted financial partner located at 383 Spectrum Loop, Colorado Springs, CO 80921. Since our establishment in 1938, we've dedicated ourselves to serving our community with a personal touch, ensuring that every member feels valued and supported. With a robust membership of 302,174 individuals, we pride ourselves on being more than just a credit union; we are a family committed to helping you achieve your financial goals. At Canvas, we understand the importance of financial security. That's why we manage an impressive total of $4,526,396,620 in assets and maintain a solid net worth of $458,203,859. Our commitment to responsible lending is evident in our total loans and leases amounting to 203,710, reflecting our dedication to supporting members with their borrowing needs. Whether you're looking for checking and savings accounts, auto loans, or business banking services, we've got you covered. Our team of over 729 employees, led by CEO Chad Shane and Board President Tom Lash, is here to provide personalized service that meets your unique needs. We also offer convenient access to your accounts through online banking and mobile applications. While members can visit us at our branch for all their banking needs, official correspondence should be sent to the same address: 383 Spectrum Loop, Colorado Springs, CO 80921. We invite you to experience the Canvas difference today! For any inquiries or assistance, feel free to reach out at 303-691-2345. Let's work together towards a brighter financial future!

Branch History & Mission

At Canvas, located at 383 Spectrum Loop in beautiful Colorado Springs, Colorado, we are proud of our rich history and commitment to our community. Founded in 1938, our branch has grown significantly over the decades. Starting with a small group of dedicated members, we have expanded to serve over 302,000 members today. Our evolution reflects not only our dedication to providing outstanding financial services but also our passion for supporting local initiatives and fostering strong community ties. Our mission is simple yet powerful: to empower our members through exceptional financial solutions while positively impacting the communities we serve. We believe that everyone deserves access to financial resources that help them achieve their dreams. From personal banking options like checking and savings accounts to auto loans and mortgages, we strive to offer products that fit the diverse needs of our members. While you can visit us at our main location on Spectrum Loop, official correspondence should be sent to the same address: 383 Spectrum Loop, Colorado Springs, CO 80921. We encourage you to stop by during our operating hours from 8:30 AM to 6:00 PM, Monday through Friday. Our friendly staff is always ready to assist you with any questions or services you may need. One of the hallmarks of Canvas is our commitment to innovation and accessibility. We provide modern banking conveniences such as online banking and mobile applications, ensuring that our members can manage their finances easily and securely. Our branch features ATM availability and a drive-thru service for added convenience. Additionally, we take pride in being ADA compliant, allowing everyone in our community access to our facilities. Canvas actively participates in various community outreach efforts. We partner with local organizations to support educational programs, health initiatives, and events that enhance the quality of life in Colorado Springs. By focusing on collaboration and service, we aim to make a meaningful difference in the lives of those around us. We invite you to join Canvas today! Experience firsthand how we can support your financial journey while making an impact in your community. Whether you're looking for a new checking account or interested in financing your next vehicle purchase, we're here for you every step of the way. Let's work together toward a brighter future! For more information or assistance, feel free to call us at 303-691-2345 or visit our website at Canvas.

Branch Location & Accessibility

Welcome to Canvas, your friendly credit union located at 383 Spectrum Loop in beautiful Colorado Springs, CO! Our branch is conveniently situated near local landmarks, making it easy for you to stop by. Whether you're heading to the nearby shopping centers or enjoying a day out in the park, we're here to help with all your banking needs. At Canvas, we prioritize accessibility for all our members. Our branch features ADA-compliant facilities and ramps, ensuring that everyone can navigate comfortably. You'll find ample parking available, so you can visit us without any hassle. Plus, we offer a drive-thru service for quick and easy transactions perfect for those busy days when you're on the go. Our lobby hours are designed to fit your schedule: we're open Monday through Friday from 8:30 AM to 6:00 PM. We also have an ATM available around the clock for your convenience. If you're looking for more than just traditional banking services, our shared service center allows you to handle transactions with partner credit unions as well. While you can reach us at our branch address for all in-person visits, please note that official correspondence should be sent to our mailing address at the same location: 383 Spectrum Loop, Colorado Springs, CO 80921. Have questions or need assistance? Don't hesitate to call us at 303-691-2345! Our team is eager to assist you with personal banking options like checking and savings accounts, auto loans, mortgages, credit cards with rewards, and much more. We can't wait to welcome you into our community visit Canvas today!

Member Eligibility

At Canvas, we believe that everyone deserves a supportive financial community, and joining us is as easy as pie! To become a member of our branch located at 383 Spectrum Loop Colorado Springs Co 80921, all you need is to meet some simple eligibility requirements. Typically, if you live or work in the area, or are part of certain organizations or associations, you're already on your way to membership. We welcome individuals from all walks of life, making it easier for you to access the benefits of being a part of our community. Not only do you gain access to a variety of financial products and services tailored to your needs, but you also join a family that truly cares about your financial well-being. If you're ready to take the next step, opening an account with us is straightforward. You can find all the details about eligibility and how to join on our website at . Should you have any questions or need assistance along the way, feel free to give us a call at (303) 691-2345. We're here to help you every step of the way as you embark on this exciting journey with Canvas!

Business Banking & Commercial Services

Business Loan Options

Our commitment to supporting businesses is evident, with investments in business growth through our commercial lending programs: - We've funded over $374 in commercial loans for our members, helping businesses scale and succeed. - We also support the broader business community with $9 in non-member commercial loans, providing flexible financing solutions. - With an outstanding commercial loan portfolio of $626,778,922, we continue to drive economic growth by financing new and expanding businesses.

Merchant Services

In today's fast-paced market, accepting payments easily can make a big difference. Our merchant services simplify transactions for you and your customers, whether you run a local shop or an online store. Imagine having the tools to accept credit cards quickly and securely, enhancing customer satisfaction while boosting sales. Explore how Canvas can be your partner in achieving your business goals at our branch located at 383 Spectrum Loop Colorado Springs Co 80921, Colorado Springs, CO. Let us help turn your aspirations into reality!

Comprehensive List Of Services

ATM & Cash Withdrawal Services

Need quick cash? With our extensive network of ATMs available 24/7, accessing funds is simple and straightforward. You can also enjoy basic drive-thru banking for deposits and withdrawals without leaving your car a great option for those busy days!

Auto Loans & Vehicle Financing

Looking to hit the road? Our auto loans and vehicle financing options make it easier than ever to get behind the wheel of your dream car. With competitive rates and flexible terms, we help you find a loan that fits your budget. Picture yourself driving off in that new vehicle while knowing you made a smart financial choice.

Business Banking

For our entrepreneurial members, we provide robust business banking services including merchant services and business loans designed to help you grow and succeed. We recognize the hard work that goes into running a business, and we're here to support you every step of the way.

Credit Cards with Rewards

Enjoy shopping rewards with our credit cards with rewards program! Earn points on purchases that can be redeemed for travel, merchandise, or even cashback. It's an easy way to make the most out of your spending while managing your finances effectively.

Mortgage Loans & Refinancing

Thinking about purchasing a home or refinancing an existing mortgage? Our mortgage loans and refinancing services guide you through every step of the process. We aim to simplify what can often feel like a daunting task. Our knowledgeable team is here to answer questions and provide support, ensuring that you feel confident in your decision.

Personal Banking

Our personal banking services offer something for everyone. You can choose from various checking and savings accounts tailored to meet your everyday needs. Imagine having easy access to your funds with our user-friendly online and mobile banking platforms. You can check balances, transfer money, and even pay bills right from your phone or computer convenience at its best!

Personal Loans & Debt Consolidation

Life can throw unexpected expenses your way. That's where our personal loans and debt consolidation options come into play. Whether you need extra cash for emergencies or want to simplify your finances by combining debts, we offer solutions that fit your situation.

Shared Branch Transactions

If you're visiting from another credit union, don't worry! We offer basic shared branch transactions, allowing members from partner credit unions to perform essential tasks like deposits and withdrawals with ease. In today's fast-paced world, having access to reliable financial services is crucial. At Canvas, we strive not just to meet but exceed your expectations by making banking easy and accessible through our digital features and personal service. Ready to explore how we can assist you further? Give us a call at (303) 691-2345, or stop by our branch today! Your financial journey starts here with us at Spectrum.

Digital & Online Banking

Key Features

We know how important flexibility is for our members. That's why we offer person-to-person transfers, allowing you to send money to friends and family without any hassle. Need to sign important documents? Our electronic signature authorization feature makes it simple and fast. You can also opt for e-statements to keep track of your finances without the clutter of paper statements. For those on-the-go moments, our mobile application brings all these features right to your fingertips. Easily access your accounts, view recent transactions, and manage payments directly from your smartphone. While mobile payments aren't currently available, rest assured that we continually evaluate new options to enhance your banking experience. In today's fast-paced world, having real-time access to your financial information is crucial. With Canvas, managing your money has never been easier or more secure. Whether you're at home or out and about in Colorado Springs, we're here to support your banking needs every step of the way!

Financial Strength

Commitment to Growth

Our commitment extends beyond just savings. With $82,931 in used auto loans and $4,143,901,105 in total loans and leases, our lending capacity supports members' financial goals across various sectors. Additionally, with $422,847,282 in undivided earnings, we reinvest in innovative banking tools, stronger lending options, and enhanced security measures to serve our members better.

Member Trust

Total Share Accounts: 671,682, showing a strong and growing member base that trusts us with their finances. Net Shares (Funds available for lending and investments): $369,430,563 further illustrates our capability to support your needs effectively. Our financial strength means we can continue serving you with confidence. Whether you're saving, borrowing, or planning for the future, Canvas is your trusted partner. Visit us at 383 Spectrum Loop Colorado Springs Co 80921 or call (303) 691-2345 to learn more about how we can help you achieve your financial goals.

Operational Efficiency

Our $0 reflects our operational efficiency, enabling us to continue offering competitive loan rates and solid financial products for our members. We also take pride in having 710 full-time employees and 19 part-time employees, ensuring our branches are always ready to serve you with a knowledgeable, committed team.

Secure Savings Options

Members' savings are secured through $1,346,602,679 in share certificates and $1,216,802,281 in money market shares, offering stable and rewarding financial growth opportunities. Unlike traditional banks, we prioritize our members. With non-member deposits at $5,593,413, we ensure that our resources are focused on benefiting you through better loan rates, lower fees, and exclusive perks.

Strong Financial Health

With a net worth of $458,203,859, we maintain strong financial health, allowing us to offer better rates, lower fees, and enhanced member services. Our net worth ratio of $1,007 demonstrates a solid capital foundation, ensuring that we can continue providing loans, competitive savings rates, and uninterrupted services even in uncertain economic times.

Loan Offering

Auto Loans

Looking to buy a new car? Our auto loans offer some of the lowest rates in the industry, with over $1,540,934,241 in used vehicle loans and $535,607,208 in new vehicle loans already helping members get on the road. Whether you're interested in a brand-new model or a reliable used vehicle, we can assist with financing options that fit your budget.

Business Loans

For business owners, our outstanding commercial loans totaling $626,778,922 provide the capital needed to grow and expand. We are dedicated to supporting local businesses through tailored lending solutions that meet their unique needs.

Credit Lines

If you need additional flexibility, our total credit lines amounting to $1,241,568,719 can provide peace of mind for unexpected expenses or planned purchases. At Canvas, we believe in empowering our members with the right financial tools. If you're considering refinancing or exploring eligibility options for any of our loan products, don't hesitate to reach out. You can contact us at (303) 691-2345 or visit us at our branch located at 383 Spectrum Loop Colorado Springs Co 80921 in Colorado Springs, CO. Performance insights and financial data are sourced from the National Credit Union Administration (NCUA) at: https://www.ncua.gov, based on the latest results. Let us help you take the next step towards your financial future!

Mortgage Loans

Thinking about homeownership? Our mortgage options, including Junior Lien 1-4 Family Residential Properties loans totaling $633,630,671, make buying or refinancing simple. We provide support throughout the process and help you understand your eligibility for various mortgage programs.

Unsecured Credit Card Loans

We also offer flexible terms on unsecured credit card loans, with a total of $67,277,178 in loans helping members manage their finances effectively. Our credit cards come with competitive rates and rewards designed to suit your spending habits.

Loan Aggregator

Benefits of Using LendMesh

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