The Bank of Denver is headquartered in Denver and is the 35th largest bank in the state of Colorado. It is also the 2,587th largest bank in the nation. It was established in 1941 and as of December of 2020, it had grown to 48 employees at 4 locations. The Bank of Denver has an A health rating.
Full Service Bank!
I've got to give The Bank of Denver "kudos"! This bank is a "full service bank", providing a good savings rate plan for one's checking account,, a fair requirement to earn savings on one's checking account by qualifying through fair debits to the account each accounting period. Further, those checking savings each qualifying month are transferred to your savings account. Additionally, the savings account earns a better than average competitive interest rate also. Further, they offer a better than average CD rate. The Bank of Denver has excellent communication and assistance. When things go wrong for some reason, which happens to all banks from time-to-time, we have to be understanding.
We are in difficult times, and The Bank of Denver is the best that I have encountered to assist me as a "Big Saver", to meet my goals as best it can during these financially challenging times!!! Thank You Bank of Denver!!!
Really Horrible Experience
One of the worst banks I ever dealt with. They change the rules all the time so be careful as you can get caught in situations where your money is sitting with almost no interest.
Toxic Bank
horrible customer service
anti-customer
impossible to work with
unless you're in a branch, can't get money in or out without hassle
Bank Is Struggling...
The reps have really struggled to provide quality customer service. The bank misdirected my opening deposit that was withdrawn from my external bank via ACH. BOD staff asked me to work with that external bank's back end staff to provide ACH documents that I'd never seen in my life, and was told that BOD should have handled, but couldn't,,, This episode was repeated with other errors in my first two months. By the time the errors completely stopped months later, BOD had lowered its interest rate, raised qualification requirements, and have stopped accepting out of state customers. For me personally, I've had enough...
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 2020
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 17244 |
| Year Established | 1941 |
| Employees | 48 |
| Primary Regulator | FDIC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 0.66% |
| Return on Equity - YTD | 6.81% |
| Annual Interest Income | $9.3MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q4 2020vs Q4 2019 | $265.2MM$237.3MM |
| Loans | Q4 2020vs Q4 2019 | $154.3MM$148.7MM |
| Deposits | Q4 2020vs Q4 2019 | $239.7MM$213.2MM |
| Equity Capital | Q4 2020vs Q4 2019 | $24.7MM$23.7MM |
| Loan Loss Allowance | Q4 2020vs Q4 2019 | $1.7MM$1.7MM |
| Unbacked Noncurrent Loans | Q4 2020vs Q4 2019 | $200.00K$327.00K |
| Real Estate Owned | Q4 2020vs Q4 2019 | $0$0 |