On behalf of the Staff, Officers, and Board of Directors of Gunnison Savings & Loan Association, I am proud to present to you the Association's Statement of Condition as of September 30, 2022.
Established in 1911 for the specific purpose of providing a reliable source of homeownership financing to the residents of the Gunnison Valley, Gunnison Savings and Loan has successfully carried out that mission for 112 years. With the support of our members we are well positioned to continue meeting the credit needs of our communities as they grow and thrive.
Our depositors are the original socially conscious investors, taking pride in knowing that the funds they invest with us are helping others in our community achieve their dream of owning a home in the Gunnison Country. The financial strength of the Association provides Gunnison Savings and Loan depositors with confidence in the safety of their investment. With Total Assets of $110,000,000 and Capital of $13,300,000, the financial position of our Association exceeds all regulatory capital standards by a significant margin. In addition, our Association has once again received a Five Star Superior Rating from Bauer Financial. We have now maintained their highest rating for almost 30 years.
As you consider your options for investing in your financial future in 2023, we hope you will appreciate the value provided by your Mutual Savings and Loan Association together with the hard work and dedication of our employees.
We appreciate your business!
J. Craig Bryant,