Southwest Colorado Federal Credit Union

Headquarters

15 Bodo Dr
Durango, CO 81303
See all branch locations →

Notable Rates APY Vs.Others
Savings N.A. 5.55% →
1-Year CD N.A. 5.41% →
2-Year CD N.A. 5.00% →
5-Year CD N.A. 4.55% →
30-Year Mortgage N.A. 4.91% →
15-Year Mortgage N.A. 4.39% →
HELOC N.A. 0.99% →

2024 Overview

General Credit Union Information

Southwest Colorado is an NCUA insured institution located in Durango, CO. It was founded in 1958 and has approximately $54.97 millions in assets.

NCUA Insured Yes / Federally Chartered
Charter Number # # 12609
Date Established 1958
Assets $54.97 million
Loans $22.39 million
Deposits $47.45 million
Capital $6.96 million
 

Field of Membership Restrictions

Membership is open to those who live, work, worship or attend school in Archuleta, Dolores, La Plata, Montezuma or San Juan County, Colorado.

Deposit Rates - April 17, 2024

Your Current Location: Ohio, OH 43085

We do not yet have rates for Southwest Colorado

We're working to get deposit rates for every credit union in the world. Please bare with us until we are able to get rates for this credit union.

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Loan Rates - April 17, 2024

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for Southwest Colorado

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



Featured - Ohio 30 Year Fixed Mortgage Rates 2024

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
Tomo Mortgage, LLC.
NMLS ID: 2059741
6.902% 6.750% 1.00 $5,011 $2,076 Learn More
Rocket Mortgage
NMLS ID: 3030
7.451% 7.375% 0.75 $2,400 $2,211 Learn More
Neighbors Bank
NMLS ID: 491986
Learn More
FHAloans.com
NMLS ID: Not a Lender
Learn More

Featured - Ohio Home Equity Line Of Credit Rates 2024

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loan
Third Federal Savings and Loan
See Table
7.490 %
$0 Learn More
More Info

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

Branches

Below are Southwest Colorado 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:
Columbus,Ohio


Southwest Colorado Locations



Climate Policy and Initiatives

SOUTHWEST COLORADO is encouraged to provide us with this information. When we receive this information from the credit union, we will provide it here.


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Financial Details

Southwest Colorado Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Southwest Colorado. 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
Southwest Colorado U.S. Average
1.24% 6.97

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 December 31, 2023, Southwest Colorado had $72,258 in non-current loans and $15,396 in owned assets. To cover these potential losses it had $6,962,871 in net worth and $94,978 in loans loss reserves. That gives it a Texas Ratio of 1.24%.

Net Worth
Southwest Colorado U.S. Average
12.66% 13.62%

Southwest Colorado FCU has a net worth of 12.66% versus the BestCashCow average of 13.62. Net worth measures how much total assets exceed total liabilities. The higher the net worth number the more secure a credit union is considered.



Customer Reviews for Southwest Colorado

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