Average User Rating:1 star rating based on 1 review.
Colorado Federal Savings Bank
Colorado Federal Savings Bank Locations|
8400 East Prentice Avenue, Suite 545 Greenwood Village, CO 80111 877-484-2372 www.coloradofederalbank.com  |
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Colorado Federal Savings Bank is headquartered in Greenwood Villag and is the 7th largest bank in the state of Colorado. It is also the 382nd largest bank in the nation. It was established in 1990 and as of December of 2012, it had grown to 28 employees at 1 location. Colorado Federal Savings Bank's savings rates are 63% higher than the national average, and it boasts a 5-star health rating.
Colorado Federal Savings Bank Routing Number: 107089335
Related Posts
Colorado Federal Savings Bank dropped savings rate from 1.25% to 1.20%. This is the second decline in recent weeks.
The savings account rate fell from 1.50% to 1.40% APY. Colorado Federal Savings just cut their savings account last week from 1.70% to 1.50% APY. Refer to my Colorado Federal Savings review for more info. Hat tip to the reader who mentioned this in th
Colorado Federal Savings Bank has recently started advertising its online CDs and a savings account. According to the CSR, they've been offering these nationwide since January of this year, but they haven't been actively promoting them until about 3...
See Rates for: Savings | CD
Colorado Federal Savings Bank Savings Account Rates
Colorado Federal Savings Bank CD Rates
Data for Q4 2012
Institution Statistics
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Institution Health
Overall Score:
5 out of 5 
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3-year Term IRA CD
1.21% APY
Beware Of Poor Account Terms... No Interest Paid
I opened an account with this bank when they were offering a substantial yield. The gradually lowered the yield over the next several months and now are a bankrate three star bank. When I decided to switch to another bank they would not credit me my last month’s interest! They cited a loophole in one of their disclosures that states if you close your account before interest is credited, you will not receive the accrued interest. I don't recall seeing that disclosure when I opened the account. What's worse, I didn't even close my account, they did it automatically when I transferred my balance away. This seems very unethical to me and definitely not something I have ever dealt with any other institution. I checked my new institutions disclosures and they happily pay accrued interest when an account is closed. When I asked to talk to a manager about this issue I was sent to voicemail. I missed his return call but he dismissed my complaints as invalid and did not return my second call. Seems like they would rather have an unhappy customer than do the ethical thing. They got the use of my money for 25 days and refuse to pay the stated interest. Other than that, their statements don't look very official and their interface to transfer money is very odd.