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Overview / Commentary
303-978-2274
8331 S Continental Divide Rd
Littleton, CO 80127

Colorado Credit Union is headquartered in Littleton and is the 23rd largest credit union in the state of Colorado. It is also the 1,343rd largest credit union in the nation. It was established in 1973 and as of March of 2014, it had grown to 39 employees and 10,075 members. Colorado Credit Union has a A+ health rating.

Field of Membership Restrictions

Must be an employee of Johns Manville or several other companies. - See Details

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Health

Data for Q1 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of March 31, 2014 Colorado Credit Union had $151,000 in non-current loans and owned real-estate with $11.97 million in equity and loan loss allowances on hand to cover it. This gives Colorado Credit Union a Texas Ratio of 1.26% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A+

The Texas Ratio for Colorado Credit Union decreased dramatically from 5.98% as of March 31, 2013 to 1.26% as of March 31, 2014, resulting in a positive change of 78.91%.This indicates that the balance sheet and financial strength for Colorado Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Colorado Credit Union has increased its total deposits by $6.52 million, resulting in 6.39% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Colorado Credit Union has shown is excellent.

Capitalization

GRADE:
B

Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Colorado Credit Union has $120.74 million in assets with $11.97 million in equity, resulting in a capitalization level of 9.92%, which is above average.

Institution Statistics

Overall
NCUA #68443
Year Chartered1973
Employees39
Primary Regulator
Assets and Liabilities
Assets$120.74 million
Loans$88.27 million
Deposits$108.51 million
Equity Capital$11.50 million
Loan Loss Allowance$477,000
Unbacked Noncurrent Loans$92,000
Real Estate Owned$59,000
Historic Data - March 2013
Assets$112.71 million
Equity Capital$10.34 million
Loan Loss Allowance$562,000
Unbacked Noncurrent Loans$92,000
Real Estate Owned$59,000
Profit Margin - Quarterly
Return on Assets0.18%
Return on Equity1.88%
Interest Income$1.17 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Colorado Credit Union, we are a rate comparison website and can not provide official rates or promotions.

Colorado Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.05%--Regular Shares Account
0.05%$100-IRA Shares Account

Colorado Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.30%$100k-Money Market Account

Colorado Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$100k-Premier Checking Account

Colorado Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.35%$500-60 Month CD
1.01%$500-48 Month CD
0.85%$500-36 Month CD
0.70%$500-30 Month CD
0.60%$500-24 Month CD
0.35%$500-12 Month CD
0.20%$500-6 Month CD

Colorado Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.35%$500-60 Month IRA
1.01%$500-48 Month IRA
0.85%$500-36 Month IRA
0.70%$500-30 Month IRA
0.60%$500-24 Month IRA
0.35%$500-12 Month IRA
0.20%$500-6 Month IRA
Locations


Colorado Credit Union Locations
Branch Office562 N 7th AveBrighton, CO 80601
Branch Office8331 S Continental Divide RdLittleton, CO 80127
Branch Office717 17th StDenver, CO 80202