Featured Savings Rates
Featured Accounts

5Star Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.00%Reward CheckingKasasa Cash Checking
0.75%Reward SavingsKasasa Saver
1.65%5-year CD5 Year CD

Overview / Commentary
800-776-2265
Peterson Air Force Base, 455 W. Paine St., Bldg. 1485
Colorado Springs, CO 80914

5Star Bank is headquartered in Colorado Springs and is the 43rd largest bank in the state of Colorado. It is also the 3,151st largest bank in the nation. It was established in 1980 and as of March of 2017, it had grown to 32 employees at 4 locations. 5Star Bank's CD rates are 11% higher than the national average, and it boasts an A+ health rating.

Related Posts

5Star Bank Offers Kasasa Product Line Nationwide - 5/2/2017

5Star Bank (CO) offers its Kasasa Cash Checking (2.00% APY, up to $25) and Kasasa Saver (0.75% APY, up to $50k) nationwide through its online banking platform.

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Reviews (1)

Nasty And Incompetent Bank

Posted by: Saver4321 | Jul 5, 2016

I opened one of their Kasasa Cash rewards checking accounts this spring, 2016. WARNING: If you want a straightforward, competent bank to deal with, this is NOT the bank for you. Less than 60 days after opening the account and receiving their debt card, they closed the account without any warning at all. They converted it to a no-interest checking account and didn’t even notify me of this account closing until after the change had occurred. They will close your rewards checking account very quickly if they don’t see an almost immediate high dollar volume of charges on your Kasasa rewards account, even if you make the required 12 debit card transactions per statement cycle.

During the brief time the account was open, they never successfully enrolled me in electronic statements in spite of my many phone calls requesting that they fix the problems with their banking systems. Further, they made 3 errors in computing interest on my rewards checking account in only 2 statement cycles! They are incompetent bankers with no intention of dealing honestly with their customers, in my opinion. Don’t waste your time trying to bank here.



Health
A+

Health Grade Components

Overall
FDIC Certificate #91005
Year Established1980
Employees32
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD1.25%
Return on Equity - YTD9.01%
Annual Interest Income$2.0MM
Assets and Liabilities
AssetsQ1 2017vs Q1 2016$184.3MM$151.4MM
LoansQ1 2017vs Q1 2016$129.6MM$115.7MM
DepositsQ1 2017vs Q1 2016$152.8MM$134.8MM
Equity CapitalQ1 2017vs Q1 2016$30.7MM$16.0MM
Loan Loss AllowanceQ1 2017vs Q1 2016$1.3MM$557.00K
Unbacked Noncurrent LoansQ1 2017vs Q1 2016$632.00K$674.00K
Real Estate OwnedQ1 2017vs Q1 2016$0$0
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

5Star Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*-$50kKasasa Saver
OTHER TIERS: 0.15% $50k+

5Star Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%*$250k*-Money Market
OTHER TIERS: 0.15% $1k - $10k | 0.20% $10k - $25k | 0.25% $25k - $50k | 0.30% $50k - $100k | 0.35% $100k - $250k

5Star Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.00%*-$25kKasasa Cash Checking
OTHER TIERS: 0.15% $25k+

5Star Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.65%$1k-5 Year CD
1.65%$1k$250k4 Year CD Special
1.55%$1k-4 Year CD
1.45%$1k-3 Year CD
1.35%$1k-30 Month CD
1.25%$1k-2 Year CD
1.05%$1k-18 Month CD
1.00%$1k$250k1 Year CD Special
0.90%$1k-1 Year CD
0.45%$1k-6 Month CD

5Star Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.83%$250-60 Month Variable IRA
1.65%$1k-5 Year IRA
1.65%$1k$250k4 Year IRA Special
1.55%$1k-4 Year IRA
1.51%$250-36 Month Variable IRA
1.45%$1k-3 Year IRA
1.35%$1k-30 Month IRA
1.34%$250-24 Month Variable IRA
1.25%$1k-2 Year IRA
1.05%$1k-18 Month IRA
1.00%$1k$250k1 Year IRA Special
0.90%$1k-1 Year IRA
Locations


5Star Bank Locations
5 Star Bank - Downtown Branch104 S. Cascade Ave., Suite 102Colorado Springs, CO 80903
5star Bank10989 New Allegiance DriveColorado Springs, CO 80921
5star BankPeterson Air Force Base, 455 W. Paine St., Bldg. 1485Colorado Springs, CO 80914