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Overview / Commentary
303-209-8600
319 South Sheridan Boulevard
Lakewood, CO 80226

Solera National Bank is headquartered in Lakewood and is the 49th largest bank in the state of Colorado. It is also the 3,429th largest bank in the nation. It was established in 2007 and as of December of 2013, it had grown to 85 employees at 1 location. Solera National Bank has a B+ health rating.

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Reviews (2)

Wrong APY On Bank's Website

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!

Greatest Bank In Colorado

Great Bank to bank at. I love the girls that work their teller line. 100% customer service. It's a great atmosphere and everyone is always happy and in a great mood.



Health

Data for Q4 2013

Institution Health

B+

Texas Ratio

GRADE:
A

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 December 31, 2013 Solera National Bank had $1.75 million in non-current loans and owned real-estate with $16.27 million in equity and loan loss allowances on hand to cover it. This gives Solera National Bank a Texas Ratio of 10.73% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
C+

The Texas Ratio for Solera National Bank experienced no significant changes from 9.49% as of December 31, 2012 to 10.73% as of December 31, 2013, resulting in a negative change of 13.05%. This indicates that the balance sheet and financial strength for Solera National Bank has had no significant changes in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Solera National Bank has increased its total deposits by $7.76 million, resulting in 6.11% 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 excellent.

Capitalization

GRADE:
B

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 $169.66 million in assets with $16.27 million in equity, resulting in a capitalization level of 9.59%, which is above average.

Institution Statistics

Overall
FDIC Certificate #58534
Year Established2007
Employees85
Primary RegulatorOCC
Assets and Liabilities
Assets$169.67 million
Loans$86.12 million
Deposits$134.67 million
Equity Capital$15.15 million
Loan Loss Allowance$1.12 million
Real Estate Owned$1.75 million
Historic Data - December 2012
Assets$153.91 million
Equity Capital$17.78 million
Loan Loss Allowance$1.06 million
Unbacked Noncurrent Loans$0
Real Estate Owned$1.78 million
Profit Margin - Quarterly
Net Interest Margin2.95%
Return on Assets-0.21%
Return on Equity-2.06%
Interest Income$5.82 million
Rates

Always verify rates and promotions with the bank or credit union. We are not Solera National Bank, we are a rate comparison website and can not provide official rates or promotions.

Solera National Bank Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$250k-Traditional Savings
0.55%$250k-Mi Patria Savings Account
0.55%$250k-Discovery Youth Savings Account
0.55%$250k-IRA Savings Account
0.50%$250k-Foundation Savings
0.20%--Health Savings Account

Solera National Bank Money Market Rates

DetailsAPYMINMAXPRODUCT
0.45%$100k-Bridgebuilder Money Market
0.45%$100k-Milestone Money Market

Solera National Bank Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.55%$250k-Innovations Checking
0.20%--Harvest Checking
0.10%--Step-up Checking
0.10%$100-Progressive Business Checking

Solera National Bank CD Rates

DetailsAPYMINMAXPRODUCT
1.65%$1k-5 Year CD
1.65%$1k-5 Year Business CD
1.50%$1k-4 Year CD
1.50%$1k-4 Year Business CD
1.00%$1k-3 Year CD
1.00%$1k-3 Year Business CD
0.90%$1k-3 Year Step Up CD
0.90%$1k-3 Year Business Step Up CD
0.65%$1k-30 Month CD
0.65%$1k-30 Month Business CD
0.60%$1k-2 Year CD
0.60%$1k-2 Year Opportunity CD
0.60%$1k-2 Year Business CD
0.55%$1k-2 Year Step Up CD
0.50%$1k-18 Month CD
0.50%$1k-18 Month Business CD
0.50%$1k-2 Year Business Step Up CD
0.45%$1k-1 Year CD
0.45%$1k-1 Year Opportunity CD
0.45%$1k-1 Year Business CD
0.40%$1k-6 Month CD
0.40%$1k-1 Year Step Up CD
0.40%$1k-6 Month Business CD
0.40%$1k-1 Year Business Step Up CD
0.25%$1k-3 Month CD
0.25%$1k-3 Month Business CD

Solera National Bank IRA Rates

DetailsAPYMINMAXPRODUCT
0.60%$500-2 Year Opportunity IRA
0.45%$500-1 Year Opportunity IRA
Locations


Solera National Bank Locations
Solera National Bank319 South Sheridan BoulevardLakewood, CO 80226