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Overview / Commentary
303-376-3800
101 Cook Street
Denver, CO 80206

Steele Street Bank & Trust is headquartered in Denver and is the 13st largest bank in the state of Colorado. It is also the 1,187th largest bank in the nation. It was established in 2003 and as of June of 2014, it had grown to 62 employees at 3 locations. Steele Street Bank & Trust's money market rates are 41% higher than the national average, and it boasts a A+ health rating.

Reviews (1)

The BEST Customer Service

I have recently opened several business accounts as well as my personal account at SSBT. I have to say without hesitation these people know what customer service is. Unlike other banks where I can navigate a phone system or speak to someone that is not in this country, with SSBT, I have an account officer that I can easily call or email for action on my accounts.

The bank in small in terms of personal service but large in its offerings of banking products. I like how when I walk into the downtown branch, everyone knows me by name and my deposits don't warrant that. I recently received a line of credit from SSBT that was based more on personal relationship and the officer's knowledge of my business and how I handle my accounts. I guarantee you - any other bank would have been completely sterile in their credit review.



Health

Data for Q2 2014

Institution Health

A+

Texas Ratio

GRADE:
A+

The Texas Ratio is an indicator of how much capital a bank has available compared to the total value of loans considered at risk. As of June 30, 2014 Steele Street Bank & Trust had $682,000 in non-current loans and owned real-estate with $62.41 million in equity and loan loss allowances on hand to cover it. This gives Steele Street Bank & Trust a Texas Ratio of 1.09% which is excellent. Any bank with a Texas Ratio near or greater than 100% is considered at risk.

Texas Ratio Trend

GRADE:
A

The Texas Ratio for Steele Street Bank & Trust decreased dramatically from 1.82% as of June 30, 2013 to 1.09% as of June 30, 2014, resulting in a positive change of 39.90%.This indicates that the balance sheet and financial strength for Steele Street Bank & Trust has improved dramatically in recent periods.

Deposit Growth

GRADE:
A+

In the past year, Steele Street Bank & Trust has increased its total deposits by $71.95 million, resulting in 16.76% 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 Steele Street Bank & Trust has shown is excellent.

Capitalization

GRADE:
A

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. Steele Street Bank & Trust has $561.09 million in assets with $62.41 million in equity, resulting in a capitalization level of 11.12%, which is excellent.

Institution Statistics

Overall
FDIC Certificate #57575
Year Established2003
Employees62
Primary RegulatorFED
Assets and Liabilities
Assets$561.09 million
Loans$409.12 million
Deposits$501.13 million
Equity Capital$57.50 million
Loan Loss Allowance$4.91 million
Real Estate Owned$682,000
Historic Data - June 2013
Assets$479.90 million
Equity Capital$49.07 million
Loan Loss Allowance$4.17 million
Real Estate Owned$968,000
Profit Margin - Quarterly
Return on Assets1.82%
Return on Equity18.13%
Interest Income$11.03 million
Rates

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

Steele Street Bank & Trust Savings Account Rates

DetailsAPYMINMAXPRODUCT
0.45%--Health Savings Account

Steele Street Bank & Trust Money Market Rates

DetailsAPYMINMAXPRODUCT
0.62%$2m$5mSuper Money Market Savings Account
0.30%$250k-Money Market Savings Account

Steele Street Bank & Trust Checking Account Rates

DetailsAPYMINMAXPRODUCT
0.15%$100-SeniSteele Checking Account
0.15%$50k-Steele Checking
0.15%--Non-Profit Checking

Steele Street Bank & Trust CD Rates

DetailsAPYMINMAXPRODUCT
0.75%$1k-36 Month CD
0.75%$1k-48 Month CD
0.75%$1k-60 Month CD
0.50%$1k-24 Month CD
0.45%$1k-18 Month CD
0.40%$1k-12 Month CD
0.40%$1k-12 Month Add-On CD
0.20%$1k-6 Month CD
0.20%$1k-6 Month Add-On CD
0.15%$1k-3 Month CD
0.15%$1k-3 Month Add-On CD
0.10%$1k-4 Week CD
0.10%$1k-4 Week Add-On CD

Steele Street Bank & Trust IRA Rates

DetailsAPYMINMAXPRODUCT
0.75%$500-36 Month IRA
0.75%$500-48 Month IRA
0.75%$500-60 Month IRA
0.50%$500-24 Month IRA
0.40%$500-12 Month IRA
Locations


Steele Street Bank & Trust Locations
Uhills Banking Center2805 South Colorado BoulevardDenver, CO 80222
Cook Street Banking Center44 Cook Street, Suite 300Denver, CO 80206
Steele Street Bank & Trust55 Adams StreetDenver, CO 80206
Downtown Banking Center555 17th StreetDenver, CO 80202