Vectra Bank Colorado

Deposits held and insured by Zions Bank

Overview / Commentary
2000 East 20th Street
Farmington, NM 87401
Deposits held and insured by Zions Bank
Reviews (1)

Small Business Account Experience

Posted by: |

My experience with Vectra Bank was adequate. I ran a very small business. One complaint that I would have is that my business was small enough that I did not maintain enough cash in the account to avoid paying the monthly service. Just having the account proved to be quite costly for my very small business.. Customer service overall was good. I never had to wait long to have my needs taken care of when I would visit one of the branches but the branches were not very numerous and not very close to my house so visiting the bank was inconvenient. Overall the account did what I needed to do and I never experienced any large problems.


Data as of Q2 2020

Data displayed below is for insuring bank: Zions Bank
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Health Grade Components

FDIC Certificate #2270
Year Established1873
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.22%
Return on Equity - YTD2.15%
Annual Interest Income$1.22B
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$76.45B$70.06B
LoansQ2 2020vs Q2 2019$54.37B$48.22B
DepositsQ2 2020vs Q2 2019$65.68B$54.33B
Equity CapitalQ2 2020vs Q2 2019$7.57B$7.60B
Loan Loss AllowanceQ2 2020vs Q2 2019$859.8MM$503.5MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$328.5MM$243.2MM
Real Estate OwnedQ2 2020vs Q2 2019$5.2MM$4.8MM

Rates for Vectra Bank Colorado are currently being reviewed.



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