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  2. Verus Bank Of Commerce

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 38th largest bank in the state of Colorado. It is also the 2,684th largest bank in the nation. It was established in 2005 and as of June of 2021, it had grown to 14 employees at 1 location. Verus Bank Of Commerce has a B+ health rating.

Reviews (9)

A Bank With Real People

Posted by: |

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!

2

Verus Is Great

Posted by: |

"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."

2

Great Regional Bank

Posted by: |

Entrepreneurial enviroment with great customer service.

2

I Recommend Verus Bank Of Commerce

Posted by: |

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.

2
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Health
B+

Data as of Q2 2021

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #58025
Year Established2005
Employees14
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1.62%
Return on Equity - YTD12.17%
Annual Interest Income$5.9MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$264.2MM$284.0MM
LoansQ2 2021vs Q2 2020$192.7MM$250.9MM
DepositsQ2 2021vs Q2 2020$214.1MM$233.5MM
Equity CapitalQ2 2021vs Q2 2020$39.4MM$36.7MM
Loan Loss AllowanceQ2 2021vs Q2 2020$2.7MM$2.6MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$0$0
Real Estate OwnedQ2 2021vs Q2 2020$0$0
Rates
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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

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$3k*-Health Savings Account
OTHER TIERS: 0.02% → Up to $3k
0.02%--Big Thompson Savings
0.02%--Larkbunting Minor Savings
0.02%--Blue Spruce Business Savings

Verus Bank Of Commerce Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Foothills Money Market
0.05%--Pikes Peak Business Money Market

Verus Bank Of Commerce Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%--Mile High Interest Chkg
0.05%--Rockies Bus Int Checking

Verus Bank Of Commerce CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%$1k-60 Month CD
0.30%$1k-36 - 47 Month CD
0.30%$1k-48 - 59 Month CD
0.25%$1k-24 - 35 Month CD
0.15%$1k-12 - 23 Month CD
0.05%$1k-90 - 179 Day CD
0.05%$1k-180 - 364 Day CD

Verus Bank Of Commerce IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.45%*$100k*-60 Month IRA
OTHER TIERS: 0.30% → $1k - $100k
0.30%$1k-36 - 47 Month IRA
0.30%$1k-48 - 59 Month IRA
0.25%$1k-24 - 35 Month IRA
0.15%$1k-18 - 23 Month IRA
0.15%$1k-12 - 17 Month IRA
Locations


Verus Bank Of Commerce Locations
Verus Bank Of Commerce3700 S. College Avenue, Unit 102Fort Collins, CO 80525

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