Elevations Credit Union CEO Gerry Agnes to retire after 17 years of transformative leadership 

Elevations Credit Union announces the upcoming retirement of President and Chief Executive Officer Gerry Agnes, who has led the organization since 2008. This is effective Feb. 28, 2026, and the Elevations Board of Directors has initiated a comprehensive succession plan to ensure a smooth leadership transition and a continuation of excellent service for members.   

"It has been the honor of my career to serve Elevations and our members. Together, we’ve built something truly special — a credit union rooted in community and committed to excellence. Thank you for trusting us with your financial goals and for being part of this incredible journey," Agnes said.  

Under Agnes’s leadership, Elevations has achieved significant growth, strengthened its commitment to members, and earned national recognition for performance excellence.  

Agnes guided Elevations through the 2008 financial crisis and spearheaded the pursuit of the Malcolm Baldrige National Quality Award®, which the credit union received in 2014 and again in 2020. The credit union is the first two-time recipient of this award in Colorado history, joining an elite group of fewer than 15 organizations to have achieved this milestone nationally.   

In addition, Elevations earned these awards during Agnes’s leadership:  

• No. 1 credit union mortgage lender in Colorado by purchase volume (2020-2024) 
• Top Workplaces USA (2024, 2025) 
• Top Workplaces Colorado (2023, 2024) 
• Denver Business Journal’s Diversity, Equity and Inclusion Award (2022, 2023)

The CEO’s leadership has been honored nationally and regionally with these awards:  

• Baldridge Award for Leadership Excellence (2020) 
• Mountain West Credit Union Association’s Credit Union Professional of the Year (2016) 
• Boulder Chamber’s Businessperson of the Year (2016) 
• Credit Union Executive Society’s Outstanding Chief Executive (2015) 

Additionally, Agnes’s tenure saw the creation of the Local Change Foundation, which is supported in part by Elevations and has provided over $4 million in community resources since its 2010 founding.  

"Gerry transformed our organization through his leadership and built a lasting legacy with his deep dedication to our members and the Colorado community. We thank him for his outstanding service and look forward to continuing to build on the strong foundation he established," said Ray Martinez, Elevations Board Chair.  

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About Elevations Credit Union  

Elevations Credit Union empowers its members and the communities it serves along Colorado’s Front Range with financial solutions and education. In addition to offering a broad portfolio of consumer and business banking services, Elevations is the No. 1 credit union residential mortgage lender by purchase volume in Colorado. Founded in 1952 as the U. of C. Federal Credit Union in Boulder, the organization has grown from 12 members and less than $100 in assets to over 179,000 members, more than 550 local employees and approximately $3.5 billion in assets. Elevations became a two-time recipient of the Malcolm Baldrige National Quality Award in 2020 and first received the award in 2014. The credit union also earns local awards along Colorado’s Front Range for Best Bank, Best Mortgage Lender and Best Customer Service. Learn more at ElevationsCU.com.