Mountain River Credit Union
Overview / Commentary
Mountain River Credit Union is headquartered in Salida and is the 55th largest credit union in the state of Colorado. It is also the 3,094th largest credit union in the nation. It was established in 1960 and as of March of 2017, it had grown to 10 employees and 3,350 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
Health
C+
Data as of Q1 2017
Learn why bank health mattersAdditional Factors: Institutions with a small asset base, a short operating history, or negative return on assets can represent an instability risk beyond what their financial ratios indicate. Mountain River Credit Union has a low asset base.
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 63704 |
| Year Chartered | 1960 |
| Employees | 10 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | -0.7% |
| Return on Equity - YTD | -9.59% |
| Annual Interest Income | $191.00K |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $26.8MM$23.4MM |
| Loans | Q1 2017vs Q1 2016 | $11.8MM$12.2MM |
| Deposits | Q1 2017vs Q1 2016 | $24.8MM$21.4MM |
| Equity Capital | Q1 2017vs Q1 2016 | $1.9MM$2.0MM |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $75.00K$76.00K |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $262.00K$82.00K |
| Real Estate Owned | Q1 2017vs Q1 2016 | $0$0 |
Rates
Sorry, we do not have rate data for Mountain River Credit Union.
Locations
| 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 |