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
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Duane Bussey
Chief Executive Officer / Board Member
Divisions: Board of Directors, Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Mark Bechaver
President / Board Member
Divisions: Board of Directors, Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Joelle Boos
Chief Financial Officer
Division: Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Joe Martinez
Chief Lending Officer
NMLS: 402260
Division: Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Delzia Worley
Chief Commercial Credit Officer
NMLS: 609201
Divisions: Commercial Lending, Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Board of Directors
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Duane Bussey
Chief Executive Officer / Board Member
Divisions: Board of Directors, Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Leroy Salazar
Chairman
Division: Board of Directors
Location: Alamosa Main Office
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Mark Bechaver
President / Board Member
Divisions: Board of Directors, Senior Team
Location: Alamosa Main Office
Phone: (719) 589-6653
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Karla Shriver
Vice Chairperson
Division: Board of Directors
Location: Alamosa Main Office
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Bill Fassett
Board Member
Division: Board of Directors
Location: Alamosa Main Office
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Leonard Velasquez
Board Member
Division: Board of Directors
Location: Alamosa Main Office
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Jenna Ford Yund
Board Member
Division: Board of Directors
Location: Alamosa Main Office
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Steve Valdez
Board Member
Division: Board of Directors
Location: Alamosa Main Office
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