Metrum Community Credit Union, a $60-million institution based in Centennial, Colo., announced that its application for a community charter was approved by the board of the Colorado Division of Financial Services.
The approval allows anyone who lives or works in the city of Centennial is eligible to become a member of the credit union, which was originally chartered in 1946.
Metrum said it will be able to meet the demands of serving the larger field of membership through the provision of such services as electronic/mobile banking, the Shared Branch network, and CO-OP ATMs.
"This community charter allows us to better serve those in Centennial, a community we have been a part of for so long," said Steve Kelly, President and CEO of Metrum. "Our goal will be to offer our members new, and/or, better products and services, along with better rates and fees."
Prior to 1992, the credit union served employees of Honeywell TID, later adding 31 employee groups and 15 homeowner associations within the city of Centennial. In addition, more than 19% of Metrum's membership resides within the city.
