Denver, Colo. – September 29, 2021 – Westerra Credit Union announces its continued support of the Colorado Homeownership Coalition (CHC), a charitable organization designed to provide mortgage assistance to homeowners experiencing a temporary disruption in income to avoid delinquent mortgage payments and ultimately resume self-sufficiency. The CHC's mission deeply resonates with Westerra's core values, resulting in this partnership.
Westerra Credit Union Commitment by the Numbers:
-
Westerra Credit Union is proud to donate $20 to CHC with every closed home loan (up to $10,000 per year)
-
$10,000 per year ensures that three families will have the assistance to overcome hardships and save their homes
-
100% of every dollar donated is given to support Colorado homeowners
-
Westerra’s recurring giving guarantees multiple CHC families receive assistance each year, as 40% of homeowners are just one income interruption away from not being able to make their monthly mortgage payments.
“We understand that life is full of unforeseen situations. Westerra’s involvement with the Colorado Homeownership Coalition continues to be a good way for our credit union to support our neighbors during hardships,” stated Michelle Burke, Westerra Credit Union Vice President of Mortgage Lending. “This reoccurring donation is a way for Westerra to assist CHC and this important initiative to help individuals and families that desperately need this lifeline.”
About Westerra Credit Union
Westerra Credit Union is a financial cooperative locally-owned by the people who have ac- counts at the credit union. Eight Denver teachers started the credit union in the midst of the Great Depression. They pooled their funds and made loans to each other to strengthen families and the community during that crisis. Today they carry that mission forward to help families and communities through the financial hardship of the COVID-19 crisis. Denver-based Westerra Credit Union holds over $1.9 billion in assets and serves 125,000 members throughout the Denver metro area. For more information, visit www.westerracu.com.