Our Mission Statement
To provide sound financial services to the Shambhala community in order to magnetize wealth, promote sane approaches to managing money, support members in achieving financial wellbeing, and cultivate generosity.
Welcome to Shambhala Credit Union!
Let us share, revitalize, and shape your financial future together. Investing your savings here not only benefits you, but contributes to the growth of your community, allowing us to help others bridge a gap or build a dream.
State chartered, NCUA-insured, our field-of-membership includes everyone in the global Shambhala community – Centers and Groups, Naropa University, and others recognised by the Sakyong Lineage – all affiliated cultural, educational, business and leadership groups, together with their families.
Chögyam Trungpa Rinpoche founded Ashoka Credit Union in Boulder, Colorado on January 28, 1976. As part of his vision for enlightened society, he asked us to create a strong financial institution where meditators and their money would be treated with mindfulness.
In 2016, our 40th Anniversary Year, both Sakyong Mipham Rinpoche, and the State of Colorado, approved the Board’s request to change our name to Shambhala Credit Union. In appreciation of King Ashoka’s heroic edicts, the Board wants to make who we are more accessible to Shambhala.
As a financial institution founded on the principle of gathering and radiating wealth, grounded in the century-old tradition of community credit unions, we are committed to fulfilling the aspirations of Shambhala’s Economic Pillar.
During the last 40 years we have served well over 1,300 Shambhalians. As of December 2015, Shambhala Credit Union has 348 members, out of a conservative estimated potential of 5,000 – 8,000. Having launched the Shambhala Visa program, our membership grew 14% between 2014 and 2015. Our challenge is to maintain quality while servicing the increased requirements of a growing base.
Our financial vision . . . is that we could actually work on our money situation fully and properly. — Chögyam Trungpa