Elevations Credit Union was one of two Colorado organizations to win this year's statewide award for organizational performance.

The $926 million Boulder credit union was to be presented the 2010 Timberline Performance Excellence Award at a gathering next Friday by Colorado Performance Excellence (CPEx), a statewide nonprofit that judges companies working toward the Malcolm Baldrige National Quality Award.

"Timberline Awards are presented only to those applicants that demonstrate systematic and mature approaches, effective deployment, process learning, and process integration in their response to the criteria questions," said the CPEx examiners who assessed the 84,000-member credit union during an onsite visit in September.

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