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Overview / Commentary
888-261-7488
P.O. Box 1085
Montrose, CO 81402

Nuvista Credit Union is headquartered in Montrose and is the 34th largest credit union in the state of Colorado. It is also the 1,781st largest credit union in the nation. It was established in 1964 and as of March of 2014, it had grown to 21 employees and 6,899 members. Nuvista Credit Union has a C+ health rating.

Field of Membership Restrictions

Must live, work, worship or attend school in Montrose, San Miguel, Ouray and Gunnison County. - See Details

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Health

Data for Q1 2014

Institution Health

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

Texas Ratio

GRADE:
B

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 Nuvista Credit Union had $1.09 million in non-current loans and owned real-estate with $6.73 million in equity and loan loss allowances on hand to cover it. This gives Nuvista Credit Union a Texas Ratio of 16.22% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Nuvista Credit Union decreased dramatically from 24.63% as of March 31, 2013 to 16.22% as of March 31, 2014, resulting in a positive change of 34.15%.This indicates that the balance sheet and financial strength for Nuvista Credit Union has improved dramatically in recent periods.

Deposit Growth

GRADE:
C-

In the past year, Nuvista Credit Union has decreased its total deposits by -$2.03 million, resulting in -2.74% 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 Nuvista Credit Union has shown is below average.

Capitalization

GRADE:
C

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. Nuvista Credit Union has $78.4 million in assets with $6.73 million in equity, resulting in a capitalization level of 8.59%, which is average.

Institution Statistics

Overall
NCUA #16476
Year Chartered1964
Employees21
Primary Regulator
Assets and Liabilities
Assets$78.40 million
Loans$51.87 million
Deposits$72.03 million
Equity Capital$6.13 million
Loan Loss Allowance$603,000
Unbacked Noncurrent Loans$332,000
Real Estate Owned$760,000
Historic Data - March 2013
Assets$80.36 million
Equity Capital$5.96 million
Loan Loss Allowance$559,000
Unbacked Noncurrent Loans$332,000
Real Estate Owned$765,000
Profit Margin - Quarterly
Net Interest Margin1.21%
Return on Assets0.21%
Return on Equity2.68%
Interest Income$716,000
Rates
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Nuvista Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.30%--Lucky Penny Youth Share Account
0.30%--Sports Saver Youth Share Account
0.30%$25-Varsity Youth Share Account
0.20%$50k-High Yield Shares Account
0.15%$50k-IRA Shares Account
0.15%$50k-Roth IRA Shares Account
0.10%-$3kHoliday Club Shares Account
0.05%$25-Regular Shares Account

Nuvista Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.21%$100-5 Year Youth Certificate
1.11%$100-4 Year Youth Certificate
1.05%$100k-60 Month Jumbo Certificate
1.05%$100k-60 Month Senior Jumbo Certificate
1.00%$100-3 Year Youth Certificate
0.95%$50k-60 Month Mini Jumbo Certificate
0.95%$10k-60 Month Senior Premier Certificate
0.95%$50k-60 Month Senior Mini Jumbo Certificate
0.90%$10k-60 Month Premier Certificate
0.85%$500-60 Month Advantage Certificate
0.85%$100k-36 - 47 Month Jumbo Certificate
0.85%$100k-48 -59 Month Jumbo Certificate
0.85%$500-60 Month Senior Advantage Certificate
0.85%$100k-36 - 47 Month Senior Jumbo Certificate
0.85%$100k-48 - 59 Month Senior Jumbo Certificate
0.75%$50k-36 - 47 Month Mini Jumbo Certificate
0.75%$50k-48 -59 Month Mini Jumbo Certificate
0.75%$50k-36 - 47 Month Senior Mini Jumbo Certificate
0.75%$50k-48 - 59 Month Senior Mini Jumbo Certificate
0.70%$10k-36 - 47 Month Premier Certificate
0.70%$10k-48 - 59 Month Premier Certificate
0.70%$10k-36 - 47 Month Senior Premier Certificate
0.70%$10k-48 - 59 Month Senior Premier Certificate
0.65%$500-36 - 47 Month Advantage Certificate
0.65%$500-48 -59 Month Advantage Certificate
0.65%$100k-12 - 23 Month Jumbo Certificate
0.65%$100k-24 - 35 Month Jumbo Certificate
0.65%$500-36 - 47 Month Senior Advantage Certificate
0.65%$500-48 - 59 Month Senior Advantage Certificate
0.65%$100k-12 - 23 Month Senior Jumbo Certificate
0.65%$100k-24 - 35 Month Senior Jumbo Certificate
0.60%$50k-12 - 23 Month Mini Jumbo Certificate
0.60%$50k-24 - 35 Month Mini Jumbo Certificate
0.60%$50k-12 - 23 Month Senior Mini Jumbo Certificate
0.60%$50k-24 - 35 Month Senior Mini Jumbo Certificate
0.55%$10k-12 - 23 Month Premier Certificate
0.55%$10k-24 - 35 Month Premier Certificate
0.55%$10k-12 - 23 Month Senior Premier Certificate
0.55%$10k-24 - 35 Month Senior Premier Certificate
0.45%$500-12 - 23 Month Advantage Certificate
0.45%$500-24 - 35 Month Advantage Certificate
0.45%$500-12 - 23 Month Senior Advantage Certificate
0.45%$500-24 - 35 Month Senior Advantage Certificate
0.25%$50k-3 - 5 Month Mini Jumbo Certificate
0.25%$50k-6 - 11 Month Mini Jumbo Certificate
0.25%$100k-6 - 11 Month Jumbo Certificate
0.25%$50k-3 - 5 Month Senior Mini Jumbo Certificate
0.25%$50k-6 - 11 Month Senior Mini Jumbo Certificate
0.25%$100k-6 - 11 Month Senior Jumbo Certificate
0.20%$10k-3 - 5 Month Premier Certificate
0.20%$10k-6 - 11 Month Premier Certificate
0.20%$10k-3 - 5 Month Senior Premier Certificate
0.20%$10k-6 - 11 Month Senior Premier Certificate
0.15%$500-3 - 5 Month Advantage Certificate
0.15%$500-6 - 11 Month Advantage Certificate
0.15%$500-3 - 5 Month Senior Advantage Certificate
0.15%$500-6 - 11 Month Senior Advantage Certificate

Nuvista Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.00%$2k-60 Month IRA Certificate
0.85%$2k-48 Month IRA Certificate
0.75%$2k-36 Month IRA Certificate
0.65%$2k-24 Month IRA Certificate
0.45%$2k-12 Month IRA Certificate
Locations


Nuvista Credit Union Locations
Branch Office243 N Main StGunnison, CO 81230
Branch Office2711 Commercial WayMontrose, CO 81401