Overview / Commentary
Coloramo Federal Credit Union is headquartered in Grand Junction and is the 22nd largest credit union in the state of Colorado. It is also the 1,330th largest credit union in the nation. It was established in 1953 and as of March of 2025, it had grown to 41 employees and 12,620 members at 3 locations. Coloramo Federal Credit Union has a B health rating.
Field of Membership Restrictions
Coloramo Federal Credit Union is open to those who live, work, or attend school in the Colorado counties of Delta, Garfield, Gunnison, Mesa, Moffat, Montrose, Ouray, or Rio Blanco. Immediate family members of individuals who are membership-eligible qualify for membership.
See current membership details
Health
B
Data as of Q1 2025
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 8725 |
| Year Chartered | 1953 |
| Employees | 41 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.81% |
| Return on Equity - YTD | -8.9% |
| Annual Interest Income | $2.2MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $184.6MM$178.7MM |
| Loans | Q1 2025vs Q1 2024 | $135.1MM$136.1MM |
| Deposits | Q1 2025vs Q1 2024 | $165MM$161.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $16.7MM$16MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $1.3MM$669K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $3.4MM$1.3MM |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |