Our Story

On June 17, 1940, the founding members of Rio Grande Federal Credit Union applied to the Farm Home Administration for a credit union and one week later, on June 24, 1940, their application was approved. The credit Union was started in T.J Lynch’s basement on Texas Avenue, it then was moved to a one-room office on Pitkin Avenue where the credit union continued to grow so much, it had to remodel and create two offices.

By the 1990s, with new management in place, the credit union looked into the future and realized that with continued growth, it was going to need a different location to offer more services to the membership. It purchased a facility on Ouray Avenue with individual offices, a teller line and a drive-up window. This was a big move for the credit union at that time, and employees had so much room, they thought they would never grow into the location…

Eventually, the credit union not only grew into the space; it also grew out of the space.
As growth continued, an opportunity to construct a modern facility for the membership arose in 2004. The move was made to the current location at 760 Rood Ave., in April 2005, which should serve the membership for a long time. Since 2005, Rio Grande has added products and services to make it a full service financial institution to service the needs of its membership.

In 1940, when Rio Grande was established, the field of membership was limited to employees of the Denver & Rio Grande Western Railroad Company working in, or out of Grand Junction, Colorado; members of their immediate families; and organizations of such persons. The Credit Union has grown since its initial charter; the Rio Grande Motor Way Credit Union, Gilsonite Credit Union, and most recently MT. Garfield Credit Union merged into Rio Grande Federal Credit Union. In 2016, Rio Grande applied for and received a community charter, creating the current field of membership, which is persons who live, work, and worship or attends school and business and other entities located in Mesa County.

On September 26, 1954 the Colorado Credit Union League adopted a credo that contained 10 beliefs. The final belief was, “Credit Unions are increasingly recognized as instruments of human well-being, and will continue to be, so long as they maintain and cultivate the highest ideals and standards conduct.” That belief is still strong at Rio Grande.
Over the past 76 years Rio Grande, through its volunteers and employees, has strived to adhere to the beliefs of the credit union movement of which it was founded; people helping people.



Established: 1940

Employees: 12