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About Arapahoe Credit Union
Arapahoe Credit Union is a not-for-profit financial institution based in Centennial, Colorado. Here are some key points about the organization:
- History and Accreditation: Founded in 1936, Arapahoe Credit Union has been accredited by the Better Business Bureau (BBB) since April 5, 2017[3][4]. It initially began as a teachers credit union and has expanded to serve the entire state of Colorado[5].
- Services and Benefits: The credit union offers a range of financial services similar to banks but focuses on community and member benefits. It provides competitive interest rates on loans and savings accounts, helping members save money compared to traditional banking institutions[1]. Members can enjoy benefits such as lower interest rates on credit cards and auto loans, higher returns on certificates of deposit (CDs) and money market accounts, and overall savings on financial products[1].
- Awards and Recognition: Arapahoe Credit Union has received significant recognition, including seven Best of the Best awards in 2024. It has been consistently acknowledged as one of the best credit unions in Colorado for ten consecutive years[1].
- Customer Reviews and Complaints: The credit union has a positive customer review rating of 4.26 out of 5 stars based on 23 reviews. There have been five customer complaints closed in the last three years, with two of those resolved in the past year[3].
- Leadership and Contact Information: The credit union is led by Mr. Scott Ferndelli as President/CEO, with other key executives including Ms. Shauna Exstrom, VP Corp Admin, and Mr. Sean Martin, Communications Director. It is located at 3999 E Arapahoe Rd, Centennial, CO 80122-2076[3].
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