CU*NorthWest is proud to announce Mountain River Credit Union as its’ newest stockholder. Ken Scherer, CEO of the 3700 member credit union located in Salida, Colorado is excited at the prospects of ownership. “We think that through the power of ownership that we can become a strong financial institution,” Scherer said, “By becoming a shareholder in this CUSO, we are making our ownership real”.

Since 2010, Mountain River Credit Union has utilized the CU*BASE^® data processing system. As a 100% credit union-owned CUSO and mission-based cooperative, CU*NorthWest drives technology to provide avenues for collaborative solutions amongst credit unions throughout the United States, “We believe in power of collaboration,” said Scherer.

Mountain River Credit Union is the first Colorado client to become an owner of CU*NorthWest.