Sunflower Bank, National Association
Sunflower Bank, National Association is headquartered in Denver and is the 4th largest bank in the state of Colorado. It is also the 256th largest bank in the nation. It was established in 1892 and as of June of 2020, it had grown to 1,009 employees at 58 locations. Sunflower Bank, National Association has an A+ health rating.
Perhaps The Worst Banking Experience I’Ve Had In 65 Years
I’ve visited Sunflower twice. When I set up a personal account and a business account in August of 2020 the bank official was positively rude. I inquired about the account options available and was told that these would be reviewed after setting up the accounts. Only after signing paperwork was I informed that their was a monthly fee for maintaining a business checking and $30 fees for closing any account prior to six months. Dishonest? I guess they need this fee since it appears that 100% of their customers loathe them.
They are also so incompetent that they can’t set up online banking for me. I’m closing both accounts.
Lost Documents
This bank first did not properly file documents so I could register it after purchasing it in Colorado.They also did not send documents to the State of Missouri when requested making it impossible to register my vehicle. They sent the title to an old address after the loan was paid in full and now expect me to pay for a new one. Never do business with this bank.
The Worst Bank
Sunflower Bank is the worst financial institution I ever known. Abusive, deceitful management staff. They force long-standing, trustworthy customers close their accounts without explanation. Never recommend this bank to no one.
Data as of Q2 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 4767 |
| Year Established | 1892 |
| Employees | 1009 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.04% |
| Return on Equity - YTD | 9.8% |
| Annual Interest Income | $76.6MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q2 2020vs Q2 2019 | $4.81B$3.98B |
| Loans | Q2 2020vs Q2 2019 | $3.70B$3.00B |
| Deposits | Q2 2020vs Q2 2019 | $4.01B$3.33B |
| Equity Capital | Q2 2020vs Q2 2019 | $499.0MM$460.2MM |
| Loan Loss Allowance | Q2 2020vs Q2 2019 | $37.9MM$26.4MM |
| Unbacked Noncurrent Loans | Q2 2020vs Q2 2019 | $16.3MM$27.1MM |
| Real Estate Owned | Q2 2020vs Q2 2019 | $5.1MM$7.3MM |
