Mountain River Credit Union is headquartered in Salida and is the 56th largest credit union in the state of Colorado. It is also the 3,113th largest credit union in the nation. It was established in 1960 and as of December of 2017, it had grown to 10 employees and 3,235 members at 3 locations. Mountain River Credit Union has a C+ health rating.
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
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!
|Return on Assets - YTD||-0.16%|
|Return on Equity - YTD||-2.08%|
|Annual Interest Income||$799.00K|
|Assets and Liabilities|
|Assets||Q4 2017vs Q4 2016||$25.5MM$25.8MM|
|Loans||Q4 2017vs Q4 2016||$11.0MM$11.9MM|
|Deposits||Q4 2017vs Q4 2016||$23.5MM$23.8MM|
|Equity Capital||Q4 2017vs Q4 2016||$1.9MM$2.0MM|
|Loan Loss Allowance||Q4 2017vs Q4 2016||$78.00K$79.00K|
|Unbacked Noncurrent Loans||Q4 2017vs Q4 2016||$214.00K$239.00K|
|Real Estate Owned||Q4 2017vs Q4 2016||$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|