History of Rio Grande
Rio Grande Savings and Loan is a mutually owned savings association that was founded in 1905 as the Monte Vista Building Association. The founders of the association saw a need for home financing in the community. They quickly realized that the source of financing of those homes could only be met with the pooling of funds from members of the community. From that point on, the goal of the association was to provide a place where the members of the communities it serves could find reasonable rates on loans while those providing the funds could have a safe place to deposit their funds and receive a reasonable return on their investment. To complement the Monte Vista branch, the Association established branches in Alamosa and Pagosa Springs. Together, these 3 branches serve the 8 southern Colorado counties of Rio Grande, Alamosa, Archuleta, Saguache, Conejos, Costilla, Mineral, and Hinsdale.
Rio Grande Savings and Loan Association prides itself on being committed to the mutual form of ownership which it feels allows it to best serve the members of its communities, opposed to the stock form of ownership that is always bottom line dollar driven.
If you live in one of the above named counties, please give us a try as your bank and you will find out why we have been here for so many years!
Rio Grande Savings and Loan is a Superior Financial Institution, member owned, professionally managed, renowned for outstanding service delivered with integrity. We are a leader with the vision to welcome change and the insight to provide evolving services. We serve our customers and communities with commitment and pride helping to foster their achievements and success.