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 (2)

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.

Vectra Is A Headache

Posted by: |

It's frustrating deaingl with this bank. Their policies are inconsistent and customer service is poor. We have accounts at other banks and yet vectra seems to be the one bank that always puts obstructions in the way. Closing our business account and never looking back. Mobile banking here is always a hassle as well.


Data as of Q1 2021

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 - YTD1.54%
Return on Equity - YTD16.27%
Annual Interest Income$563.0MM
Assets and Liabilities
AssetsQ1 2021vs Q1 2020$85.12B$71.47B
LoansQ1 2021vs Q1 2020$52.90B$49.34B
DepositsQ1 2021vs Q1 2020$73.85B$57.52B
Equity CapitalQ1 2021vs Q1 2020$7.93B$7.47B
Loan Loss AllowanceQ1 2021vs Q1 2020$646.0MM$730.4MM
Unbacked Noncurrent LoansQ1 2021vs Q1 2020$311.5MM$256.9MM
Real Estate OwnedQ1 2021vs Q1 2020$3.5MM$6.0MM

Rates for Vectra Bank Colorado are currently being reviewed.



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