Verus Bank Of Commerce is headquartered in Fort Collins and is the 34th largest bank in the state of Colorado. It is also the 2,494th largest bank in the nation. It was established in 2005 and as of March of 2021, it had grown to 12 employees at 1 location. Verus Bank Of Commerce has an A+ health rating.
A Bank With Real People
In a world where banking typically means call 1-800-"find someone who cares", Verus is a breath of fresh air. They do real business with real people and treat you like real people. If you want to do business with a bank where the person on the other end of the line flips through a manual to decide what to tell you, this isn't your bank. If you want to sit and talk to people with a real understanding and the flexibilty to consider your real world circumstance-give these guys a try! I've been a customer for four+ years and I recomend them heartily!
Verus Is Great
"Verus has been a partner in growing our company to the next level. They have been able to provide the capital to help us expand while offering the support and personalized service that comes with a local bank."
Great Regional Bank
Entrepreneurial enviroment with great customer service.
I Recommend Verus Bank Of Commerce
Verus has been very down to earth and nimble in accommodating the needs of my business clients. I strongly recommend them as a very competent community banking solution in northern Colorado.
Data as of Q1 2021
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 58025 |
| Year Established | 2005 |
| Employees | 12 |
| Primary Regulator | FED |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1.32% |
| Return on Equity - YTD | 10.46% |
| Annual Interest Income | $2.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2021vs Q1 2020 | $292.9MM$272.5MM |
| Loans | Q1 2021vs Q1 2020 | $212.1MM$242.5MM |
| Deposits | Q1 2021vs Q1 2020 | $244.2MM$217.2MM |
| Equity Capital | Q1 2021vs Q1 2020 | $38.0MM$34.6MM |
| Loan Loss Allowance | Q1 2021vs Q1 2020 | $2.7MM$2.6MM |
| Unbacked Noncurrent Loans | Q1 2021vs Q1 2020 | $743.00K$0 |
| Real Estate Owned | Q1 2021vs Q1 2020 | $0$0 |