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Overview / Commentary
303-458-6660
700 W 39th Ave
Denver, CO 80216

Rocky Mountain Law Enforcement Credit Union is headquartered in Denver and is the 15st largest credit union in the state of Colorado. It is also the 1,029th largest credit union in the nation. It was established in 1938 and as of March of 2014, it had grown to 37 employees and 11,585 members. Rocky Mountain Law Enforcement Credit Union has a A+ health rating.

Field of Membership Restrictions

Must be a current or retired employee of the Federal Police Service or several related organizations. - 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 Rocky Mountain Law Enforcement Credit Union had $438,000 in non-current loans and owned real-estate with $28.96 million in equity and loan loss allowances on hand to cover it. This gives Rocky Mountain Law Enforcement Credit Union a Texas Ratio of 1.51% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
B+

The Texas Ratio for Rocky Mountain Law Enforcement Credit Union decreased slightly from 1.84% as of March 31, 2013 to 1.51% as of March 31, 2014, resulting in a positive change of 17.86%.This indicates that the balance sheet and financial strength for Rocky Mountain Law Enforcement Credit Union has improved slightly in recent periods.

Deposit Growth

GRADE:
A

In the past year, Rocky Mountain Law Enforcement Credit Union has increased its total deposits by $5.89 million, resulting in 4.18% 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 Rocky Mountain Law Enforcement Credit Union has shown is excellent.

Capitalization

GRADE:
A+

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. Rocky Mountain Law Enforcement Credit Union has $177.49 million in assets with $28.96 million in equity, resulting in a capitalization level of 16.32%, which is excellent.

Institution Statistics

Overall
NCUA #2847
Year Chartered1938
Employees37
Primary Regulator
Assets and Liabilities
Assets$177.49 million
Loans$98.43 million
Deposits$146.81 million
Equity Capital$28.53 million
Loan Loss Allowance$431,000
Unbacked Noncurrent Loans$438,000
Real Estate Owned$0
Historic Data - March 2013
Assets$168.01 million
Equity Capital$24.64 million
Loan Loss Allowance$780,000
Unbacked Noncurrent Loans$438,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.28%
Return on Assets2.32%
Return on Equity14.45%
Interest Income$1.52 million
Rates

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

Rocky Mountain Law Enforcement Credit Union Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$100-IRA Savings
0.15%$100-Roth IRA Savings
0.15%$100-CESA Savings
0.05%$100-Savings Account
0.05%$100-Christmas Club Account
0.05%$100-Business Savings Account
0.00%$100-Health Savings Account (HSA)

Rocky Mountain Law Enforcement Credit Union Money Market Rates

DetailsAPYMINMAXPRODUCT
0.20%$50k-Money Market Account

Rocky Mountain Law Enforcement Credit Union Checking Account Rates

DetailsAPYMINMAXPRODUCT
3.00%-$10kKasasa Cash - Qualifying
0.05%--Kasasa Cash - Non Qualifying
0.00%--Free Checking Account
0.00%--Business Checking

Rocky Mountain Law Enforcement Credit Union CD Rates

DetailsAPYMINMAXPRODUCT
1.64%$100-5 Year Share CD
1.25%$100-4 Year Share CD
1.10%$100-3 Year Share CD
0.95%$100-2 Year Share CD
0.40%$100-18 Month Share CD (add-on feature)
0.40%$25-Kids Piggy Bank CD (1 yr. add-on feature)
0.35%$100-12 Month Share CD (add-on feature)
0.25%$100-6 Month Share CD (add-on feature)

Rocky Mountain Law Enforcement Credit Union IRA Rates

DetailsAPYMINMAXPRODUCT
1.64%$100-5 Year Share IRA
1.25%$100-4 Year Share IRA
1.10%$100-3 Year Share IRA
0.95%$100-2 Year Share IRA
0.40%$100-18 Month Share IRA (add-on feature)
0.35%$100-12 Month Share IRA (add-on feature)
0.25%$100-6 Month Share IRA (add-on feature)
Locations


Rocky Mountain Law Enforcement Credit Union Locations
Branch Office992 Potomac CirAurora, CO 80011-6714
Branch Office10025 Park Meadows DrLone Tree, CO 80124
Branch Office700 W 39th AveDenver, CO 80216