4 star ratingAverage User Rating:
4 star rating based on 1 review.

Solera National Bank

Solera National Bank Locations
319 South Sheridan Boulevard
Lakewood, CO 80226
303-209-8600
www.solerabankonline.com

Solera National Bank is headquartered in Lakewood and is the 60th largest bank in the state of Colorado. It is also the 4,004th largest bank in the nation. It was established in 2007 and as of September of 2011, it had grown to 25 employees at 1 location. Solera National Bank's money market rates are 70% higher than the national average, and it has a 4-star health rating.

Solera National Bank Routing Number: 107007281

Related Posts

Top Savings Account Continues at Solera National Bank in Colorado - Local Only - 11/11/2010

Solera National Bank continues to offer a very competitive high-yield savings account. The current rate is 1.40% APY for all balances. This rate is listed in the bank's savings account PDF as of 11/11 ...

High-Yield Savings Account Continues at Solera National Bank in CO - Local Only - 5/24/2010

Solera National Bank continues to offer a very competitive high-yield savings account. The current rate is 1.50% APY for all balances. This rate is listed in the bank's savings account PDF as of 5/24 ...

3.00% Savings Account at Solera National Bank in Colorado - 7/19/2009

Update 1/10/10: The savings and checking rates have fallen to 2.00% APY.Update 8/28/09: It appears the bank has changed their policy on nationwide availability. A reader reported being told by the bank that they are now only accepting local customers.You...

Checking Account with Rates up to 3.00% at Solera National Bank in Colorado - 5/31/2009

Solera National Bank is offering a checking account with some competitive rates. The account is called Innovations Checking, and it has the following tiered rates as of 5/31/09:3.00% APY $250K and above2.50% APY $100K to under $250K2.25% APY $50K to...



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See Rates for: Checking | Savings | Money Market | CD | IRA

Solera National Bank Checking Account Rates

ApyMinMaxProduct
0.85%$250k-Innovations Checking
0.50%--Health Savings Account
0.35%--Harvest Checking
0.25%--Progressive Business Checking
0.15%--Step-up Checking

Solera National Bank Savings Account Rates

ApyMinMaxProduct
0.85%$100-Foundation Savings
0.85%$100-Traditional Savings
0.85%$100-Mi Patria Savings
0.85%--Discovery Youth Savings
0.85%--IRA Savings

Solera National Bank Money Market Rates

ApyMinMaxProduct
0.85%$100k-Bridgebuilder Money Market
0.85%$100k-Milestone Money Market

Solera National Bank CD Rates

ApyMinMaxProduct
1.85%$1k-5 Year CD
1.50%$1k-4 Year CD
1.10%$1k-3 Year CD
0.95%$1k-3 Year Step Up CD
0.80%$1k-30 Month CD
0.75%$1k-2 Year CD
0.75%$1k-2 Year Opportunity CD
0.65%$1k-18 Month CD
0.65%$1k-2 Year Step Up CD
0.55%$1k-1 Year CD
0.55%$1k-1 Year Opportunity CD
0.50%$1k-1 Year Step Up CD
0.45%$1k-6 Month CD
0.30%$1k-3 Month CD

Solera National Bank IRA Rates

ApyMinMaxProduct
0.75%$500-2 Year Opportunity IRA
0.55%$500-1 Year Opportunity IRA

Rates updated: 2/8/2012 * Not all products updated

Data for Q3 2011


Institution Statistics


Solera National Bank
FDIC Certificate #58534
BankRate ReportView
Year Established2007
Employees25
Primary RegulatorOCC

Assets and Liabilities

Assets$140.69 million
Loans$54.58 million
Deposits$115.04 million
Equity Capital$16.22 million
Loan Loss Allowance$1.07 million
Unbacked Noncurrent Loans$987,000
Real Estate Owned$903,000

Historic Data - September 2010

Assets$136.24 million
Equity Capital$17.50 million
Loan Loss Allowance$1.20 million
Unbacked Noncurrent Loans$650,000

Profit Margin - Quarterly

Net Interest Margin3.16%
Return on Assets0.33%
Return on Equity2.86%
Interest Income$4.44 million

Institution Health


Overall Score:
4 out of 5
4
Texas Ratio4
The Texas Ratio is an indicator of how much funds a bank has available compared to the total value of loans considered at risk. As of September 30, 2011 Solera National Bank had $1.89 million in non-current loans and owned real-estate with $17.28 million in equity and loan loss allowances on hand to cover it. This gives Solera National Bank a Texas Ratio of 10.93% which is above average. Any bank with a Texas Ratio near or greater than 100% is considered at risk.
Texas Ratio Trend2
The Texas Ratio for Solera National Bank increased slightly from 3.48% as of September 30, 2010 to 10.93% as of September 30, 2011, resulting in a negative change of 214.54%. This indicates that the balance sheet and financial strength for Solera National Bank has declined slightly in recent periods.
Deposit Growth4
In the past year, Solera National Bank has increased its total deposits by $3.99 million, resulting in 3.6% growth for the year. A strong track record of growth is an indicator of consumer confidence and the bank's ability to strengthen its balance sheet. The growth Solera National Bank has shown is above average.
Capitalization5
Both FDIC and NCUA consider capitalization levels of banks and credit unions to be of high importance. Higher capitalization allows for a greater buffer when cover loans that may fail in the future. Solera National Bank has $140.69 million in assets with $17.28 million in equity, resulting in a capitalization level of 12.29%, which is excellent.
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Wrong APY On Bank's Website
4 stars - borodarda - Tuesday, November 23, 2010 - 2:40 PM

They changed APY on 11-18 to 1.25% for Foundation, Traditional & Mi Patria Savings  acc's, but their website still shows 1.4% as of today, 11-23.

Do not trust rates published on their website, always call for a confirmation!

4
 
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