Verus Bank Of Commerce

Overview / Commentary

www.verusboc.com

970-204-1010

3700 S. College Avenue, Unit 102
Fort Collins, CO 80525

Verus Bank Of Commerce is headquartered in FORT COLLINS and is the 45^th largest bank in the state of Colorado. It is also the 3,055^th largest bank in the nation. It was established in 2005 and as of March of 2023, it had grown to 11 employees at 1 location. Verus Bank Of Commerce has a B+ health rating.

Reviews (9)

A Bank With Real People

Posted by: Published | Sep 21, 2011

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!

Comment

Verus Is Great

Posted by: LoriBurge | Sep 13, 2011

"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."

Comment

Great Regional Bank

Posted by: peterk | Aug 8, 2011

Entrepreneurial enviroment with great customer service.

Comment

I Recommend Verus Bank Of Commerce

Posted by: jells | Aug 1, 2011

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.

Comment

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Health

B+

Data as of Q1 2023

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	58025
Year Established	2005
Employees	11
Primary Regulator	FED

Profit Margin
Return on Assets - YTD	1.21%
Return on Equity - YTD	7.02%
Annual Interest Income	$2.4MM

Assets and Liabilities
Assets	Q1 2023vs Q1 2022	$199.0MM$259.2MM
Loans	Q1 2023vs Q1 2022	$150.7MM$151.4MM
Deposits	Q1 2023vs Q1 2022	$160.5MM$212.4MM
Equity Capital	Q1 2023vs Q1 2022	$35.4MM$37.4MM
Loan Loss Allowance	Q1 2023vs Q1 2022	$1.4MM$1.8MM
Unbacked Noncurrent Loans	Q1 2023vs Q1 2022	$0$0
Real Estate Owned	Q1 2023vs Q1 2022	$0$0

Rates

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Money Market
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Always verify rates and promotions with the bank or credit union. We are not Verus Bank Of Commerce; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Verus Bank Of Commerce Savings Account Rates

APY	MIN	MAX	ACCOUNT NAME
0.02%	-	-	Big Thompson Savings
0.02%	-	-	Larkbunting Minor Savings
0.02%	-	-	Health Savings Account
0.02%	-	-	Blue Spruce Business Savings

Verus Bank Of Commerce Money Market Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.02%	-	-	Foothills Money Market
0.02%	-	-	Pikes Peak Business Money Market

Verus Bank Of Commerce Checking Account Rates

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.02%	-	-	Mile High Interest Chkg
0.02%	-	-	Rockies Bus Int Checking

Verus Bank Of Commerce CD Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%	$1k	-	60 Month CD
0.30%^*	$100k^*	-	36 - 47 Month CD
OTHER TIERS: 0.15% → $1k - $100k
0.30%^*	$100k^*	-	48 - 59 Month CD
OTHER TIERS: 0.15% → $1k - $100k
0.25%^*	$100k^*	-	24 - 35 Month CD
OTHER TIERS: 0.15% → $1k - $100k
0.15%^*	$100k^*	-	12 - 23 Month CD
OTHER TIERS: 0.10% → $1k - $100k
0.05%	$1k	-	90 - 179 Day CD
0.05%	$1k	-	180 - 364 Day CD

Verus Bank Of Commerce IRA Rates

APY	MIN	MAX	ACCOUNT NAME
0.45%	$1k	-	60 Month IRA
0.30%^*	$250k^*	-	36 - 47 Month IRA
OTHER TIERS: 0.20% → $1k - $250k
0.30%^*	$250k^*	-	48 - 59 Month IRA
OTHER TIERS: 0.20% → $1k - $250k
0.25%^*	$250k^*	-	24 - 35 Month IRA
OTHER TIERS: 0.10% → $1k - $100k \| 0.20% → $100k - $250k
0.10%^*	$100k^*	$250k	18 - 23 Month IRA
OTHER TIERS: 0.05% → $1k+
0.10%^*	$100k^*	$250k	12 - 17 Month IRA
OTHER TIERS: 0.05% → $1k+

Locations

Verus Bank Of Commerce Locations
Verus Bank Of Commerce	3700 S College Ave	Fort Collins, CO 80525

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