5Star Bank

Headquarters

Peterson Air Force Base, 455 W. Paine St., Bldg. 1485
Colorado Springs, CO 80914
See all branch locations →

Notable Rates APY Vs.Others
Savings 0.35% 0.95% →
1-Year CD 0.30% 1.01% →
2-Year CD 0.40% 0.95% →
5-Year CD 0.75% 1.30% →
30-Year Mortgage N.A. 2.80% →
15-Year Mortgage N.A. 2.37% →
HELOC N.A. 2.79% →

2020 Overview

General Bank Information

5Star Bank is an FDIC insured institution located in Colorado Springs, CO. It was founded in 1980 and has approximately $0.28 billion in assets. Customers can open an account at one of its 5 branches.

FDIC Insured Yes
FDIC Certificate # 91005
Date Established 1980
Assets $ 277.60 million
Loans $ 236.25 million
Deposits $ 235.92 million
Capital $ 40.88 million
 

For a more detailed analysis of 5Star Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Savings
0.35% $2,500 $4,999 Learn More
Money Market
0.10% $2,500 $2,999 Learn More
Money Market
0.15% $10,000 $14,999 Learn More
Money Market
0.15% $25,000 $29,999 Learn More
CD Rates APY MIN MAX
6 Mo CD
0.15% $10,000 $14,999 Learn More
6 Mo CD
0.15% $100,000 $199,999 Learn More
12 Mo CD
0.30% $10,000 $14,999 Learn More
12 Mo CD
0.30% $100,000 $199,999 Learn More
18 Mo CD
0.35% $10,000 $14,999 Learn More
18 Mo CD
0.35% $100,000 $199,999 Learn More
24 Mo CD
0.40% $10,000 $14,999 Learn More
24 Mo CD
0.40% $100,000 $199,999 Learn More
30 Mo CD
0.45% $10,000 $14,999 Learn More
30 Mo CD
0.45% $100,000 $199,999 Learn More
36 Mo CD
0.50% $10,000 $14,999 Learn More
36 Mo CD
0.50% $100,000 $199,999 Learn More
48 Mo CD
0.55% $10,000 $14,999 Learn More
48 Mo CD
0.55% $100,000 $199,999 Learn More
60 Mo CD
0.75% $10,000 $14,999 Learn More
60 Mo CD
0.75% $100,000 $199,999 Learn More

Int Checking Rates APY MIN MAX
Int Ckg
0.10% $2,500 $3,499 Learn MoreShow Less

Loan Rates - October 28, 2020

Your Current Location: Virginia, VA 20146

There are currently no loan rates available for 5Star Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:




Featured - Virginia 30 Year Fixed Mortgage Rates 2020

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: MC-3098
2.669% 2.625% 0.63 $1,450 $1,005 Learn More
Rocket Mortgage
NMLS ID: 3030
3.746% 3.625% 1.00 $3,750 $1,141 Learn More

Featured - Virginia Home Equity Line Of Credit Rates 2020

Lender APR (%)? Monthly Payment? Learn More
Third Federal Savings and Loans
Third Federal Savings and Loans
See Table
2.240 %
$0 Learn More
More Info

Note to 5Star Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

5Star Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


5Star Bank Locations


Financial Details

5Star Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of 5Star Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
5Star Bank U.S. Bank Average
1.43% 6.94%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of March 31, 2020, 5Star Bank had $637,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $40,882,000 in equity and $3,817,000 in loans loss reserves. That gives it a Texas Ratio of 1.43%.

Return on Equity
5Star Bank U.S. Bank Average
4.87% 7.80%

5Star Bank has a Return on Equity of 4.87% versus the BestCashCow average of 7.80%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
5Star Bank U.S. Bank Average
14.73% 12.68%

5Star Bank has a Capitalization of 14.73% versus the BestCashCow average of 12.68. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

5Star Bank Balance Sheet Analysis

As of March 31, 2020, 5Star Bank had assets of $277,604,000, loans of $236,248,000, and deposits of $235,922,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

March 31, 2020
ASSETS
Cash & Balances due from depository institutions $ 2.88 million
Interest-bearing balances $ 0.07 million
Total securities N.A.
Federal funds sold and reverse repurchase $ 33.10 million
Net loans and leases $ 236.25 million
Loan loss allowance $ 3.82 million
Trading account assets N.A.
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 0.95 million
All other assets $ 2.18 million
     Total Assets $ 236.72 million
LIABILITIES
Total deposits $ 235.92 million
      Interest-bearing deposits $ 186.82 million
      Deposits held in domestic offices $ 235.92 million
      % insured (estimated) 77.59%
Federal funds purchased and repurchase agreements N.A.
Trading liabilities N.A.
Other borrowed funds N.A.
Subordinated debt N.A.
All other liabilities $ 0.80 million
      Total Liabilities $ 236.72 million
      Shareholders’ Equity $ 40.88 million

Summary Income Statement

March 31, 2020
INCOME AND EXPENSES
Total Interest Income $ 3.66 million
Total Interest Expense $ 0.61 million
Net interest income $ 3.05 million
Provision for loan and lease losses $ 0.80 million
Total non interest income $ 0.29 million
Total non interest expense $ 1.88 million
Pre-tax Net Operating Income $ 0.66 million

Bank Loan Profile?

The top three loan types in 5Star Bank’s loan portfolio are Commercial Real Estate, Small Business Loans, and 1-4 Family Residential Loans.

Compared to other banks in Colorado, 5Star Bank has a significantly higher percent of Multifamily Mortgages, Small Business Loans, Commercial Real Estate on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 14.99
Multifamily
Mortgages
8.96
Credit Card Loans 0.00
Consumer Auto Loans 0.08
Small Business Loans 15.11
Construction and Development Loans 13.09
Commercial Real Estate 52.40
Commercial and Industrial Loans 8.66
Farm Loans 0.46

Frequently Asked Questions About 5star Bank

Branches and Savings

Is 5star Bank FDIC insured?

Yes. It is covered under FDIC Certificate #91005.

Why does 5star Bank pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are 5star Bank CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is 5star Bank a commercial bank?

Yes

Where are 5star Bank locations?

See branch locations nearby.

Is 5star Bank open on Saturdays?

Is 5star Bank open on Sundays?

What time does 5star Bank open?

What time does 5star Bank close?

Are 5star Bank ATMs Open 24/7?

Do 5star Bank ATMs accept cash deposits?

Can 5star Bank customers use other ATMs?

Do 5star Bank branches have notaries?

Will 5star Bank notarize my document?

What address for 5star Bank should I put for incoming ACH transfers?

Will the 5star Bank branch print checks?

Do 5star Bank checks expire?

Does 5star Bank require US citizenship to open account?

Can 5star Bank close my account?

Does 5star Bank Report to credit bureaus?

Does 5star Bank Use Equifax?

What is 5star Bank's ACH Routing Number?

What is 5star Bank's SWIFT code?

Products

Does 5star Bank offer mortgages?

Compare mortgage rates here.

Does 5star Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does 5star Bank offer personal loans?

Compare personal loan rates here.

Does 5star Bank offer student loans?

Will 5star Bank cash a check?

Will 5star Bank redeem a savings bond?

Does 5star Bank cash savings bonds?

Will 5star Bank cash money orders?

Can 5star Bank issue a money order?

Does 5star Bank do currency exchange?

Background on The Bank

Who owns 5star Bank?

How long has 5star Bank been around?

Can 5star Bank transfer to other banks?

Does 5star Bank have quick pay?

Does 5star Bank accept rolled coins?

Will 5star Bank accept loose change?

Where is 5star Bank headquarters?

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