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11/20 COVID-19 Response

Beginning Monday November 23, SLVFB will reduce its lobby hours in an ongoing response to Colorado's executive orders. Click Read more for the full notice. Also, we will be closed on Thanksgiving Day, Thursday, November 26th.

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Who We Are

Learn More About SLVFB

San Luis Valley Federal Bank is the banking entity of Colorado Mutual Holding Company, Alamosa, Colorado, a federally chartered Mutual Holding Company (MHC).  The MHC was formed after the bank’s depositor members approved a plan of reorganization in 2019. The MHC structure provides opportunities to raise additional capital and pursue growth strategies that were not previously available.  The bank is committed to the success of its depositor members by providing the latest banking products and services, and providing educational resources and member benefits. As a mutual banking company, the deposit account holders are voting members of the MHC and have voting rights at the MHC’s annual meeting. An equal opportunity employer, the bank has 67 full-time employees and 3 convenient offices, 2 in Alamosa and 1 office in Monte Vista, Colorado. The bank has been providing financial services to residents of Colorado’s San Luis Valley since 1899. Deposits are presently accepted only from residents of the San Luis Valley and loan services are offered only in the six counties of the San Luis Valley. The bank has maintained a very strong financial profile for many years.  As of June 30, 2020, the bank’s capital-to-asset ratio was 15.58%, far in excess of regulatory requirements as shown below:

Statement of Financial Condition

Our Mission Statement

As a mutual bank, our mission is to serve the following with respect, fairness, and trust:

Employees – Our strength.

Members – Your needs are our highest priority.

Community – Financial support and civic involvement.


Bank Officers & Directors

Senior Management Team

  • Duane Bussey

    Duane Bussey

    Chief Executive Officer / Board Member

    Divisions: Board of Directors, Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Mark Bechaver

    Mark Bechaver

    President / Board Member

    Divisions: Board of Directors, Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Joelle Boos

    Joelle Boos

    Chief Financial Officer

    Division: Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Joe Martinez

    Joe Martinez

    Chief Lending Officer

    NMLS: 402260

    Division: Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Delzia Worley

    Delzia Worley

    Chief Commercial Credit Officer

    NMLS: 609201

    Divisions: Commercial Lending, Senior Team

    Locations: Alamosa Main Office, Monte Vista Office

    Phone: (719) 589-6653

    Contact Me
 

 

Board of Directors

  • Duane Bussey

    Duane Bussey

    Chief Executive Officer / Board Member

    Divisions: Board of Directors, Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Leroy Salazar

    Leroy Salazar

    Chairman

    Division: Board of Directors

    Location: Alamosa Main Office

  • Mark Bechaver

    Mark Bechaver

    President / Board Member

    Divisions: Board of Directors, Senior Team

    Location: Alamosa Main Office

    Phone: (719) 589-6653

    Contact Me
  • Karla Shriver

    Karla Shriver

    Vice Chairperson

    Division: Board of Directors

    Location: Alamosa Main Office

  • Bill Fassett

    Bill Fassett

    Board Member

    Division: Board of Directors

    Location: Alamosa Main Office

  • Leonard Velasquez

    Leonard Velasquez

    Board Member

    Division: Board of Directors

    Location: Alamosa Main Office

  • Jenna Ford Yund

    Jenna Ford Yund

    Board Member

    Division: Board of Directors

    Location: Alamosa Main Office

  • Steve Valdez

    Steve Valdez

    Board Member

    Division: Board of Directors

    Location: Alamosa Main Office