COLORAMO

516 28 ROAD
Grand Junction, CO 81501

 

2019 Overview

General Credit Union Information

NCUA Insured Yes
Charter Number # # 8725
Date Established 1953
Assets $108.46 million
Loans $57.07 million
Deposits $95.65 million
Capital $12.07 million

Coloramo is an NCUA insured institution located in Grand Junction, CO. It was founded in 1953 and has approximately $108.46 millions in assets.

Field of Membership Restrictions

Membership is open to those who live, work or attend school in Mesa County.

Deposit Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates (Share Account Rates) APY MIN MAX
Money Market
0.10% $2,500 $24,999 Learn MoreShow Less
Money Market
0.25% $25,000 $49,999 Learn MoreShow Less
Fixed IRA Rates APY MIN MAX
Fixed IRA
1.50% $1,000 - Learn MoreShow Less
CD Rates (Share Certificate Rates) APY MIN MAX
3 Mo CD
0.50% $1,000 - Learn MoreShow Less
6 Mo CD
1.00% $1,000 - Learn MoreShow Less
12 Mo CD
1.50% $1,000 - Learn MoreShow Less
18 Mo CD
1.75% $1,000 - Learn MoreShow Less
24 Mo CD
1.60% $1,000 - Learn MoreShow Less
36 Mo CD
1.60% $1,000 - Learn MoreShow Less
48 Mo CD
1.75% $1,000 - Learn MoreShow Less
60 Mo CD
2.00% $1,000 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.20% $1 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.01% $1,000 - Learn MoreShow Less

Loan Rates - August 17, 2019

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for COLORAMO

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Virginia 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Rocket Mortgage
NMLS ID: 3030
4.750% 4.750% 0.00 $0 $1,305 Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
3.414% 3.375% 0.50 $1,238 $1,106 Learn More
First Internet Bank
NMLS ID: 424182
3.767% 3.750% 0.25 $505 $1,158 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
4.490 %
$0 Learn More
More Info

Note to COLORAMO
To upload and update your bank's rates please register. It is free to register and add rates.



Branches

Below are Coloramo branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


Coloramo Locations


Financial Details

Coloramo Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Coloramo. The data is provided by the NCUA. All credit unions on BestCashCow, except those specified as not NCUA-insured in the overview section above, are NCUA-insured. Depositors should be careful to remain within NCUA insurance limits.

Texas Ratio
Coloramo U.S. Average
2.57% 6.77

The Texas Ratio compares the amount of loans at risk and assets repossessed with the amount a credit union has on hand to cover any losses. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a credit union has to absorb its loan losses.

As of March 31, 2019, Coloramo had $286,065 in non-current loans and $28,895 in owned assets. To cover these potential losses it had $12,072,939 in net worth and $182,626 in loans loss reserves. That gives it a Texas Ratio of 2.57%.

Net Worth
Coloramo U.S. Average
11.13% 13.47%

Coloramo FCU has a net worth of 11.13% versus the BestCashCow average of 13.47. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.

Frequently Asked Questions About Coloramo

Branches and Savings

What is Coloramo?

A federal credit union, registered with the NCUA under certificate #8725.
Learn more about credit unions here.

Is Coloramo FDIC insured?

No, credit unions are not insured by the FDIC. They are insured by the National Credit Union Administration. The insurance provisions of the NCUA are similar to, but not identical to, FDIC insurance.

Who can join Coloramo?

Please see Field of Membership information above for information on who is eligible to join.

What are Coloramo's share account and share certificate rates?

Coloramo's deposit account rates are listed above.
You may find better online savings rates here or better local savings rates at banks or credit unions. Tables with the best CD rates are here.

How big is Coloramo?

Coloramo has total capital of $12.07 million. Full information on Coloramo's financial position is located above.

Who owns Coloramo?

Credit Unions are owned by their members.

Where are Coloramo branches located?

See branch locations nearby.

Are Coloramo ATMs Open 24/7?

Do Coloramo ATMs accept cash deposits?

Can Coloramo customers use other ATMs? What is the charge for withdrawing money from another ATM?

Does Coloramo have a mobile app?

Does Coloramo have mobile deposit?

Does Coloramo have quick pay?

How can Coloramo transfer money to other banks or credit unions?

Does Coloramo report to credit bureaus?

Does Coloramo use Chexsystems?

Does Coloramo use Equifax?

What is Coloramo's toll free phone number?

What is Coloramo's ACH Routing Number?

What is Coloramo's SWIFT code?

Where can I find Coloramo's wire transfer form?

What is the Coloramo address for deposits?

What Products Does Coloramo Offer

Does Coloramo offer mortgages?

Compare mortgage rates here.

Does Coloramo offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Coloramo offer auto and RV loans?

Compare auto loan rates here.

Does Coloramo offer student loans or personal loans?

Compare personal loan rates here.

Customer Reviews for Coloramo

There are currently no comments for Coloramo. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →