Sterling & Fort Morgan Federal Credit Union
Overview / Commentary
Sterling & Fort Morgan Federal Credit Union is headquartered in Sterling and is the 18th largest credit union in the state of Colorado. It is also the 1,189th largest credit union in the nation. It was established in 1938 and as of March of 2025, it had grown to 29 employees and 10,119 members at 2 locations. Sterling & Fort Morgan Federal Credit Union has an A+ health rating.
Field of Membership Restrictions
Sterling & Fort Morgan Federal Credit Union is open to anyone who lives in Logan County or Morgan County, Colorado Immediate family and household members of membership-eligible individuals also qualify for membership.
See current membership details
Health
Health Grade Components
| Overall | |
|---|---|
| NCUA # | 2840 |
| Year Chartered | 1938 |
| Employees | 29 |
| Primary Regulator | |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.37% |
| Return on Equity - YTD | 8.33% |
| Annual Interest Income | $2.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2025vs Q1 2024 | $233.9MM$221.1MM |
| Loans | Q1 2025vs Q1 2024 | $85.5MM$83.3MM |
| Deposits | Q1 2025vs Q1 2024 | $193.2MM$184.1MM |
| Equity Capital | Q1 2025vs Q1 2024 | $38.1MM$35.5MM |
| Loan Loss Allowance | Q1 2025vs Q1 2024 | $102K$80K |
| Unbacked Noncurrent Loans | Q1 2025vs Q1 2024 | $222K$62K |
| Real Estate Owned | Q1 2025vs Q1 2024 | $0$0 |