Vice President Business Banking

Derek Otte

Derek leads the business banking team at Elevations Credit Union, overseeing strategy for business deposit and loan products. He is committed to delivering exceptional financial solutions and building a team of business bankers dedicated to outstanding service.

Throughout his career, Derek has focused on building long-term relationships as a trusted advisor. Having spent over 20 years in banking working at two Colorado community banks, Derek has a wealth of financial experience. He earned a bachelor’s degree in business management from the University of Northern Colorado and completed the Graduate School of Banking program at the University of Wisconsin-Madison.

Beyond banking, Derek is deeply involved in the community and has served on several non-profit boards — he has served for nearly a decade on the Westminster Public Schools Foundation board. A Colorado native, he enjoys the outdoors — hiking, fishing and supporting local sports teams. Derek and his wife have two children involved in ice skating and hockey, along with a beloved Bernese Mountain dog.

Contact Derek