Young Americans Bank


Overview / Commentary
303-321-2265
3550 East First Avenue
Denver, CO 80206

Young Americans Bank is headquartered in Denver and is the 73rd largest bank in the state of Colorado. It is also the 4,941st largest bank in the nation. It was established in 1987 and as of December of 2020, it had grown to 14 employees at 3 locations. Young Americans Bank has a D health rating.

Reviews (1)

Monthly Fees And Account Closure With No Notice

Posted by: |

Watch out, this bank charged montly fees until my child's account reached zero and then closed it.  We never received notice of any of this.  It was for inactivity.  However, this was a savings account that my child was told to leave alone in order to watch the interest grow.  She is a child and didn't have money to continually deposit, but she didn't withdraw either.  She thought her account was growing.  Actually, it was being slowly depleted by this bank.  Very unethical for a bank geared towards children.  You have made my child not trust banks or want to open any other account.



Health
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Young Americans Bank has a low asset base, and a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #27010
Year Established1987
Employees14
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-6.73%
Return on Equity - YTD-91.33%
Annual Interest Income$412.00K
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$21.7MM$20.5MM
LoansQ4 2020vs Q4 2019$52.00K$47.00K
DepositsQ4 2020vs Q4 2019$20.1MM$18.9MM
Equity CapitalQ4 2020vs Q4 2019$1.5MM$1.5MM
Loan Loss AllowanceQ4 2020vs Q4 2019$8.00K$11.00K
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$0$3.00K
Real Estate OwnedQ4 2020vs Q4 2019$0$0
Rates

Sorry, we do not have rate data for Young Americans Bank.

Locations


Young Americans Bank Locations
Young Americans Bank3550 East First AvenueDenver, CO 80206
Far Northeast Branch4800 Telluride Street, Bldg 5Denver, CO 80249
Belmar Branch401 S Pierce StreetLakewood, CO 80226

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.