The Bank of Denver is headquartered in Denver and is the 35th largest bank in the state of Colorado. It is also the 2,574th largest bank in the nation. It was established in 1941 and as of December of 2019, it had grown to 52 employees at 4 locations. The Bank of Denver's CD rates are 50% higher than the national average, and it has an A health rating.
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Worst Bank Ever!!!
If I could put 0 stars I would. Our account has been hacked 4 times since 2009. Then we get fees for going into overdraft because of these fraudulent charges on our account and the bank tells us we are responsible because the card is in our possession!!!& I have never been with a bank that holds you responsible when someone steals your information. It is basically like saying you can't use your card anywhere because if they steal your info you are responsible. I would never recommend anyone get an account here. Plus they do not have 24 hour assistance so we had to wait a day to report fraudulent activity on our account. They don't have convenient locations and where we live you have to drive all the way across town to make deposits or withdrawal money.
Data as of Q4 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17244 |
| Year Established | 1941 |
| Employees | 52 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.1% |
| Return on Equity - YTD | 10.85% |
| Annual Interest Income | $11.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2019vs Q4 2018 | $237.3MM$222.7MM |
| Loans | Q4 2019vs Q4 2018 | $148.7MM$160.2MM |
| Deposits | Q4 2019vs Q4 2018 | $213.2MM$200.3MM |
| Equity Capital | Q4 2019vs Q4 2018 | $23.7MM$22.0MM |
| Loan Loss Allowance | Q4 2019vs Q4 2018 | $1.7MM$1.5MM |
| Unbacked Noncurrent Loans | Q4 2019vs Q4 2018 | $327.00K$121.00K |
| Real Estate Owned | Q4 2019vs Q4 2018 | $0$0 |