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Overview / Commentary
303-273-5200
607 19th St
Golden, CO 80401

Credit Union Of The Rockies is headquartered in Golden and is the 29th largest credit union in the state of Colorado. It is also the 1,644th largest credit union in the nation. It was established in 1937 and as of March of 2014, it had grown to 34 employees and 10,063 members. Credit Union Of The Rockies' money market rates are 120X the national average, and it has a B+ health rating.

Field of Membership Restrictions

Must live or work in Golden, Summit County, Clear Creek County, Gilpin County or Grand County. - See Details

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Health

Data for Q1 2014

Institution Health

B+
Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Credit Union Of The Rockies has a relatively low asset base.

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 Credit Union Of The Rockies had $429,000 in non-current loans and owned real-estate with $9.06 million in equity and loan loss allowances on hand to cover it. This gives Credit Union Of The Rockies a Texas Ratio of 4.74% 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 Credit Union Of The Rockies decreased dramatically from 10.11% as of March 31, 2013 to 4.74% as of March 31, 2014, resulting in a positive change of 53.16%.This indicates that the balance sheet and financial strength for Credit Union Of The Rockies has improved dramatically in recent periods.

Deposit Growth

GRADE:
D

In the past year, Credit Union Of The Rockies has decreased its total deposits by -$6.81 million, resulting in -7.87% 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 Credit Union Of The Rockies has shown is below average.

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. Credit Union Of The Rockies has $88.56 million in assets with $9.06 million in equity, resulting in a capitalization level of 10.23%, which is above average.

Institution Statistics

Overall
NCUA #67226
Year Chartered1937
Employees34
Primary Regulator
Assets and Liabilities
Assets$88.56 million
Loans$47.37 million
Deposits$79.72 million
Equity Capital$8.42 million
Loan Loss Allowance$635,000
Unbacked Noncurrent Loans$247,000
Real Estate Owned$182,000
Historic Data - March 2013
Assets$95.21 million
Equity Capital$8.21 million
Loan Loss Allowance$770,000
Unbacked Noncurrent Loans$247,000
Real Estate Owned$182,000
Profit Margin - Quarterly
Return on Assets0.23%
Return on Equity2.38%
Interest Income$732,000
Rates
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Credit Union Of The Rockies Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.10%--Holiday Club Account
0.05%--Regular Savings Account
0.05%--Secondary Savings Account
0.05%--Business Savings Account
0.05%--IRA Share Account
0.05%--Mini Mountaineers Savings

Credit Union Of The Rockies Money Market Rates

DetailsAPYMINMAXPRODUCT
52.80%-$500Giddy Up Money Market Account
0.15%$50k-Money Market Account

Credit Union Of The Rockies CD Rates

DetailsAPYMINMAXPRODUCT
1.15%$50k-60 Month Baby-Jumbo Certificate
1.10%$500$50k60 Month Certificate
0.90%$500-48 Month Certificate
0.70%$500-36 Month Certificate
0.65%$50k-24 Month Baby-Jumbo Certificate
0.60%$500$50k24 Month Certificate
0.50%$25-12 Month Youth Add-On Certificate
0.45%$500-18 Month Certificate
0.45%$50k-12 Month Baby-Jumbo Certificate
0.40%$500$50k12 Month Certificate
0.20%$50k-6 Month Baby-Jumbo Certificate
0.15%$500$50k6 Month Certificate
0.10%$500-3 Month Certificate

Credit Union Of The Rockies IRA Rates

DetailsAPYMINMAXPRODUCT
1.10%$500-60 Month IRA Certificate
0.90%$500-48 Month IRA Certificate
0.70%$500-36 Month IRA Certificate
0.60%$500-24 Month IRA Certificate
0.45%$500-18 Month IRA Certificate
0.40%$500-12 Month IRA Certificate
0.15%$500-6 Month IRA Certificate
0.10%$500-3 Month IRA Certificate
Locations


Credit Union Of The Rockies Locations
Branch Office607 19th StGolden, CO 80401
Branch Office607 19th StGolden, CO 80401
Branch Office111 Main St Suite CFrisco, CO 80443