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Overview / Commentary
205 E 3rd St
Salida, CO 81201

Mountain River Credit Union is headquartered in Salida and is the 58th largest credit union in the state of Colorado. It is also the 3,337th largest credit union in the nation. It was established in 1960 and as of March of 2014, it had grown to 9 employees and 3,746 members. Mountain River Credit Union's savings rates are 92% higher than the national average, and it has a C+ health rating.

Field of Membership Restrictions

must live or work in Chaffee, Alamosa, Lake, Rio Grande, or western Fremont counties. - See Details

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Data for Q1 2014

Institution Health

Additional Factors: Institutions with a small asset base or a short operating history can represent an instability risk beyond what their financial ratios indicate. Mountain River Credit Union has a low asset base.

Texas Ratio


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 Mountain River Credit Union had $213,000 in non-current loans and owned real-estate with $2.09 million in equity and loan loss allowances on hand to cover it. This gives Mountain River Credit Union a Texas Ratio of 10.20% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend


The Texas Ratio for Mountain River Credit Union experienced no significant changes from 6.72% as of March 31, 2013 to 10.20% as of March 31, 2014, resulting in a negative change of 51.80%. This indicates that the balance sheet and financial strength for Mountain River Credit Union has had no significant changes in recent periods.

Deposit Growth


In the past year, Mountain River Credit Union has increased its total deposits by $608,000, resulting in 2.92% 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 Mountain River Credit Union has shown is above average.



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. Mountain River Credit Union has $23.32 million in assets with $2.09 million in equity, resulting in a capitalization level of 8.96%, which is average.

Institution Statistics

NCUA #63704
Year Chartered1960
Primary Regulator
Assets and Liabilities
Assets$23.33 million
Loans$11.17 million
Deposits$21.41 million
Equity Capital$1.90 million
Loan Loss Allowance$191,000
Unbacked Noncurrent Loans$213,000
Real Estate Owned$0
Historic Data - March 2013
Assets$22.70 million
Equity Capital$1.86 million
Loan Loss Allowance$271,000
Unbacked Noncurrent Loans$213,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.54%
Return on Assets0.41%
Return on Equity5.06%
Interest Income$195,000

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Mountain River Credit Union Savings Account Rates

1.00%$100-Christmas Club Account
0.30%$100k-IRA Account
0.30%$100k-Roth IRA Account
0.30%$100k-SEP IRA Account
0.30%$100k-SIMPLE IRA Account
0.20%$100k-Membership Savings Accounts
0.20%$100k-Special Savings Accounts

Mountain River Credit Union Money Market Rates

0.30%$100k-Money Market Account

Mountain River Credit Union Checking Account Rates

0.10%$500-Checking Account With Interest

Mountain River Credit Union CD Rates

1.21%$25k-5 Year CD
1.01%$25k-4 Year CD
0.80%$25k-3 Year CD
0.60%$25k-2 Year CD
0.40%$25k-1 Year CD
0.35%$25k-6 Month CD

Mountain River Credit Union IRA Rates

1.21%$25k-5 Year IRA
1.01%$25k-4 Year IRA
0.80%$25k-3 Year IRA
0.60%$25k-2 Year IRA
0.40%$25k-1 Year IRA
0.35%$25k-6 Month IRA

Mountain River Credit Union Locations
Branch Office2437 Main StAlamosa, CO 81101
Branch Office316 Harrison AveLeadville, CO 80461
Branch Office205 E 3rd StSalida, CO 81201