FirstBank (Lakewood, CO)
Popular Accounts at this Bank
| APY | ACCOUNT TYPE | ACCOUNT NAME |
|---|---|---|
| 0.60% | 5-year CD | 5 Year Time Deposit 2.25% - Ally Bank High Yield 5 Year CD |
| 0.10% | 1-year CD | 1-Year Time Savings Smart Choice College Savings Plan 1.35% - Ally Bank High Yield 12-Month CD |
| 0.01% | Savings | Regular Savings 1.05% - Barclays Online Savings Account |
FirstBank (Lakewood, CO) is headquartered in Lakewood and is the largest bank in the state of Colorado. It is also the 88th largest bank in the nation. It was established in 1963 and as of March of 2017, it had grown to 2,391 employees at 120 locations. FirstBank (Lakewood, CO) has an A health rating.
Related Posts
3/27 - $200 Cash Offer - Firstbank Checking Account
A Dying Breed
FirstBank is one of the last surviving Colorado banks after deregulation in the 1980's. Almost all other banks here are national chains. I enjoy banking with FirstBank because they are Colorado owned and operated with locations all over the Front Range and I-70 mountain towns. I have also always received top customer service from FirstBank as they have friendly, knowledgeable employees. However, they really like to fee their customers. A $10 annual fee for a Visa Debit card? Foreign ATM fees (so if you visit any other state and use an ATM there, you get hit with a $2 fee); $8 cashiers check fee etc. I have checking/savings/overdraft line of credit and a Visa Signature credit card and I pay $30 a year in fees ($10 Visa Debit and $20 line of credit). Their savings rate is ridiculously low at 0.01%; however, if you upgrade to Premier Checking (requires $2,500 in the account at all times) you earn 0.05% and the $10 Visa Debit and $20 line of credit annual fees are waived. In recent years, FirstBank has oddly expanded into the Phoenix, AZ area and as such, they have started to play down the Colorado ties which has been disappointing as it feels less local.
Overall, if you want a convenient, friendly and Colorado owned bank you cannot find anything better. I always recommend having a credit union on the side for loans and better deposit rates, but banks do checking so much better.
Run Do Not Walk Away From This Bank
Be aware of this bank. They have no loyalty. My mother had a 1st Bank MasterCard and when she passed away, I called the credit card company to make a payment and told them my mom passed and that I planned to pay the account in full once I settled her estate. Two days later, I received a notice that the bank wiped out her checking and savings account and applied it to her credit card and closed her account (a joint account with my mom and I). I was told that could not even get copies of the credit card statements without a court order. Then, the person I dealt got even with me for being angry about this situation (and yes, I was angry) by closing my account without notice leaving me with even more stress (no money) added to losing my mom. I had never met this person before but she told the bank president that I was a "problem customer." My mom was a customer of 1st Bank for 35 years and was so loyal she would not even change banks when she was offered a better interest rate. I was a customer for 10 years. Apparently, the 1st Bank credit card agreement states that upon someone's death, funds to pay the credit card can be taken from the person's 1st Bank account with no consideration to the joint account holder. I was told this but I have no proof because I could not get a copy of that agreement either. In my opinion, it is a BAD IDEA to get a 1st Bank Credit card. My mom signed this agreement trusting that the bank was acting in her best interest. My mom thought that she was helping me by having my name on the bank account. My mom did not have a deceptive bone in her body and did not think that anyone else did either. I guess the bank needed the money more than I did. She would have been so hurt to have her 35 years of loyalty wiped out in a single key stroke.
RIP DKM, my beautiful, kind, thoughtful, charitable, loving and sweet natured mother. Where you are, greed does not exist. Until we meet again...
Fraudulent Deceptive Bank
Have had the account open 4 mo they lost my deposit at the branch, upon opening the rep told me different from the actual policies so I was charge an overdraft fee one day after opening the account and the rep told me it's a common thing that happens (figures they should correct it) then I was charged a 34 nsf fee for over drafting .80 cents after a manager told me I didn't no how to bank.
Data as of Q1 2017
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 18714 |
| Year Established | 1963 |
| Employees | 2391 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.26% |
| Return on Equity - YTD | 15.84% |
| Annual Interest Income | $141.0MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2017vs Q1 2016 | $17.28B$16.02B |
| Loans | Q1 2017vs Q1 2016 | $9.68B$8.93B |
| Deposits | Q1 2017vs Q1 2016 | $15.74B$14.56B |
| Equity Capital | Q1 2017vs Q1 2016 | $1.38B$1.30B |
| Loan Loss Allowance | Q1 2017vs Q1 2016 | $92.8MM$89.1MM |
| Unbacked Noncurrent Loans | Q1 2017vs Q1 2016 | $19.0MM$15.8MM |
| Real Estate Owned | Q1 2017vs Q1 2016 | $3.0MM$6.0MM |
This section lists recent deals, promotions and rate changes submitted by our community within the past 90 days. Always verify official rates and promotions with the bank or credit union.
Another $200 Cash Offer - Firstbank Checking Account
Requirements:
Open a new checking account by July 7, 2017
Enrolls in online banking
One direct deposit of at least $500, OR
$500 in net Visa Debit Card purchases comprised of 10 or more purchase transactions during the first 60 days of the account being opened
https://www.efirstbank.com/_advertisements/offers/
Serving Colorado, Arizona and California
$200 Cash Offer - Firstbank Checking Account
Requirements:
Open a new checking account by May 5, 2017
Enrolls in online banking
One direct deposit of at least $500, OR
$500 in net Visa Debit Card purchases during the first 60 days of the account being opened
https://www.efirstbank.com/_advertisements/offers/
Serving Colorado, Arizona and California
Always verify rates and promotions with the bank or credit union. We are not FirstBank (Lakewood, CO); we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.
FirstBank (Lakewood, CO) Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.08%*† | $50k* | - | Liquid Asset Account | ||
| OTHER TIERS: 0.05% → Up to $50k | |||||
| 0.08%*† | $50k* | - | eSave Savings Account | ||
| OTHER TIERS: 0.05% → Up to $50k | |||||
| 0.08%*† | $50k* | - | Business Liquid Asset Account | ||
| OTHER TIERS: 0.05% → Up to $50k | |||||
| 0.08%*† | $25k* | - | Health Savings Account | ||
| OTHER TIERS: 0.01% → Up to $2,500 | 0.05% → $2,500 - $25k | |||||
| 0.01%† | - | - | Regular Savings | ||
| 0.01%† | - | - | Business Regular Savings | ||
FirstBank (Lakewood, CO) Money Market Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.08%*† | $100k* | - | Money Market Savings | ||
| OTHER TIERS: 0.03% → Up to $20k | 0.05% → $20k - $100k | |||||
| 0.08%*† | $100k* | - | Money Market Savings Smart Choice College Savings Plan | ||
| OTHER TIERS: 0.03% → Up to $20k | 0.05% → $20k - $100k | |||||
| 0.08%*† | $100k* | - | Business Money Market Savings | ||
| OTHER TIERS: 0.03% → Up to $20k | 0.05% → $20k - $100k | |||||
| 0.01%† | $500 | - | Money Market Checking | ||
| 0.01%† | $500 | - | Business Money Market Checking | ||
FirstBank (Lakewood, CO) Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
|---|---|---|---|---|---|
| 0.08%*† | $50k* | - | eSave Checking | ||
| OTHER TIERS: 0.05% → Up to $50k | |||||
| 0.05%† | $2,500 | - | Premier Checking | ||
| 0.01%† | $500 | - | 55-Plus Checking | ||
FirstBank (Lakewood, CO) CD Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.70%† | $10k | - | 5 Year Premier Time Account | |
| 0.70%† | $10k | - | Business 5 Year Premier Time Account | |
| 0.60%† | $500 | - | 5 Year Time Deposit | |
| 0.60%† | $500 | - | Business 5 Year Time Deposit | |
| 0.40%† | $10k | - | 3-1/2 Year Premier Time Account | |
| 0.40%† | $10k | - | Business 3-1/2 Year Premier Time Account | |
| 0.30%† | $500 | - | 3-1/2 Year Time Deposit | |
| 0.30%† | $10k | - | 2 Year Premier Time Account | |
| 0.30%† | $10k | - | Business 2 Year Premier Time Account | |
| 0.30%† | $500 | - | Business 3-1/2 Year Time Deposit | |
| 0.20%† | - | - | 2 Year Time Savings | |
| 0.20%† | $500 | - | 2 Year Time Deposit | |
| 0.20%† | $10k | - | 1 Year Premier Time Account | |
| 0.20%† | $10k | - | Business 1 Year Premier Time Account | |
| 0.20%† | $500 | - | Business 2 Year Time Deposit | |
| 0.20%† | - | - | Business 2 Year Time Savings | |
| 0.10%† | - | - | 1 Year Time Savings | |
| 0.10%† | $500 | - | 1 Year Time Deposit | |
| 0.10%† | $10k | - | 91 Day Premier Time Account | |
| 0.10%† | $10k | - | 182 Day Premier Time Account | |
| 0.10%† | - | - | 1-Year Time Savings Smart Choice College Savings Plan | |
| 0.10%† | $10k | - | Business 91 Day Premier Time Account | |
| 0.10%† | $10k | - | Business 182 Day Premier Time Account | |
| 0.10%† | $500 | - | Business 1 Year Time Deposit | |
| 0.10%† | - | - | Business 1 Year Time Savings | |
| 0.05%† | - | - | 91 Day Time Savings | |
| 0.05%† | $500 | - | 91 Day Time Deposit | |
| 0.05%† | $500 | - | 182 Day Time Deposit | |
| 0.05%† | $500 | - | Business 91 Day Time Deposit | |
| 0.05%† | - | - | Business 91 Day Time Savings | |
| 0.05%† | $500 | - | Business 182 Day Time Deposit |
FirstBank (Lakewood, CO) has 120 locations. Click to view all FirstBank (Lakewood, CO) locations.