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P.O. Box 771495
Steamboat Sprin, CO 80477

Routt Schools Credit Union is headquartered in Steamboat Springs and is the 80th largest credit union in the state of Colorado. It is also the 5,339th largest credit union in the nation. It was established in 1964 and as of March of 2014, it had grown to 1 employees and 850 members. Routt Schools Credit Union has a C health rating.

Field of Membership Restrictions

Must be an employee of the Steamboat Springs School District, Oak Creek School District, Hayden School District, Walden School District, Northwest Colorado BOCES, Colorado Mountain College, City of Steamboat Springs, Northwest Colorado VNA, Routt County, Discovery Learning Center, Christian Heritage School or Mt. Werner Water District. - 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. Routt Schools Credit Union has a very 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 Routt Schools Credit Union had $37,000 in non-current loans and owned real-estate with $401,000 in equity and loan loss allowances on hand to cover it. This gives Routt Schools Credit Union a Texas Ratio of 9.23% 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 Routt Schools Credit Union increased slightly from 0.95% as of March 31, 2013 to 9.23% as of March 31, 2014, resulting in a negative change of 871.13%. This indicates that the balance sheet and financial strength for Routt Schools Credit Union has declined slightly in recent periods.

Deposit Growth


In the past year, Routt Schools Credit Union has decreased its total deposits by $-185,000, resulting in -4.13% 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 Routt Schools Credit Union has shown is below 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. Routt Schools Credit Union has $4.67 million in assets with $401,000 in equity, resulting in a capitalization level of 8.59%, which is average.

Institution Statistics

NCUA #16090
Year Chartered1964
Primary Regulator
Assets and Liabilities
Assets$4.67 million
Loans$1.39 million
Deposits$4.29 million
Equity Capital$361,000
Loan Loss Allowance$40,000
Unbacked Noncurrent Loans$37,000
Real Estate Owned$0
Historic Data - March 2013
Assets$4.87 million
Equity Capital$381,000
Loan Loss Allowance$40,000
Unbacked Noncurrent Loans$37,000
Real Estate Owned$0
Profit Margin - Quarterly
Net Interest Margin1.39%
Return on Assets-0.6%
Return on Equity-7.76%
Interest Income$26,000
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Routt Schools Credit Union Savings Account Rates

0.50%--Vacation Club Account
0.50%--Christmas Club Account
0.20%$500-Share Account

Routt Schools Credit Union CD Rates

0.50%$1k-12 Month CD

Routt Schools Credit Union Locations
Branch Office440 S Lincoln Ave Ste B14Steamboat Springs, CO 80487-8935