Mountain River Credit Union
Mountain River Credit Union is headquartered in Salida and is the 57th largest credit union in the state of Colorado. It is also the 3,154th largest credit union in the nation. It was established in 1960 and as of March of 2018, it had grown to 10 employees and 3,245 members at 3 locations. Mountain River Credit Union has a C+ health rating.
Field of Membership Restrictions
Membership is open to those who live or work in Alamosa, Chaffee, Rio Grande, Lake or western Fremont Counties in Colorado.
See current membership details
Why I chose a Credit Union
The main reason I choose to bank at a credit union is the community involvement. My credit union is a local entity concerned with local citizens. If I have an issue, I speak directly to an individual and things get resolved. I live in a small town and I like that I have brick and mortar option. The larger banks do not exist in my town. My credit union also belongs to a Coop so I can get help almost anywhere. All I need to do is find an affiliate and its just as good as my local institution. The only requirement needed to establish is $25 in a savings account. I think that's cool because it invokes financial responsibility. I have all the benefits of a larger institution but I am not just a number. I have a debit card, online banking, and receive my statements via email. I like that because it is environmentally responsible. I will never bank with a bank. Credit Unions all the way!
Data as of Q1 2018
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| NCUA # | 63704 |
| Year Chartered | 1960 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.1% |
| Return on Equity - YTD | -1.25% |
| Annual Interest Income | $193.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2018vs Q1 2017 | $24.7MM$26.8MM |
| Loans | Q1 2018vs Q1 2017 | $12.3MM$11.8MM |
| Deposits | Q1 2018vs Q1 2017 | $22.7MM$24.8MM |
| Equity Capital | Q1 2018vs Q1 2017 | $1.9MM$1.9MM |
| Loan Loss Allowance | Q1 2018vs Q1 2017 | $79.00K$75.00K |
| Unbacked Noncurrent Loans | Q1 2018vs Q1 2017 | $177.00K$262.00K |
| Real Estate Owned | Q1 2018vs Q1 2017 | $0$0 |
Sorry, we do not have rate data for Mountain River Credit Union.
| Mountain River Credit Union Locations | ||
|---|---|---|
| Branch Office | 2437 Main St | Alamosa, CO 81101 |
| Branch Office | 205 E 3rd St | Salida, CO 81201 |
| Branch Office | 28350 County Road 317 Unit 10 | Buena Vista, CO 81211-9261 |