Colorado Federal Savings Bank

8400 East Prentice Avenue, Suite 840
Greenwood Village, CO 80111

 

2019 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 33111
Date Established 1990
Assets $1.78 billion
Loans $1.01 billion
Deposits $1.51 billion
Capital $0.23 billion

Colorado Federal Savings Bank is an FDIC insured institution located in Greenwood Village, CO. It was founded in 1990 and has approximately $1.78 billion in assets.

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

Deposit Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

Online Only CD Rates of Colorado Federal Savings Bank

Online CD Rates APY MIN MAX
1-Year CD
2.20% $5,000 - Learn MoreShow Less
24 Mo CD 5K
2.22% $5,000 - Learn MoreShow Less
36-Month CD
2.27% $5,000 - Learn MoreShow Less
There are currently no rates available for Colorado Federal Savings Bank, but see these great savings and CD rates:

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Bank Online Offers

Colorado Federal Savings Bank Raises CD Rates
Mar 15, 2019

Colorado Federal Savings Bank has raised its CD rates so that it is now offering extremely competitive rates on 1-year CDs, 3-year CDs and 5-Year CDs.   Those who follow the space will note that Colorado Federal Savings had been competitive previously.   Their early withdrawal penalties are attractive (3 months' interest on a 1-year CD and 6 months' on terms longer than 1 year) and well displayed on their site. 


Colorado Federal Savings Bank Lowers CD Rates
Apr 17, 2019

Colorado Federal Savings Bank raised their CD rates to some of the highest available online rates last month, but has now lowered them.   They are still competitive, but not as attractive as they were recently.  Their 1-year CD now yields 2.80% APY and has a 3-month early withdrawal penalty.


Colorado Federal Savings Bank Adds 2.35% No Penalty CD
Jun 17, 2019

Colorado Federal Savings Bank has begun offering an 11-Month No Penalty CD at 2.35%.   BestCashCow has recommended that investors look at No Penalty CDs as an effective way to lock in current interests rates for the remainder of 2019 and much of 2020 without losing liquidity.   Ally, Marcus and Purepoint have attractive offerings in this space, and Colorado is now a 4th interesting offer.   The rate, however, is lower than Purepoint's and the term is 2 months shorter than Marcus's.



Loan Rates - October 18, 2019

Your Current Location: Connecticut, CT 06828

There are currently no loan rates available for Colorado Federal Savings Bank

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

Featured - Connecticut 30 Year Fixed Mortgage Rates 2019

Lender APR Rate (%) Points Fees Monthly
Payment
Learn More
AimLoan.com
NMLS ID: 2890
License#: 13256
3.515% 3.500% 0.25 $478 $1,123 Learn More
Rocket Mortgage
NMLS ID: 3030
4.990% 4.990% 0.00 $0 $1,341 Learn More

Featured - Connecticut Home Equity Line Of Credit Rates 2019

Lender APR (%)? Monthly Payment? Learn More
Figure Home Equity Line
Figure Home Equity Line
0.000 %
$0 Learn More
More Info
Third Federal Savings and Loans
Third Federal Savings and Loans
3.990 %
$0 Learn More
More Info

Note to Colorado Federal Savings Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

Colorado Federal Savings 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:
Fairfield,Connecticut


Colorado Federal Savings Bank Locations


Financial Details

Colorado Federal Savings Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of Colorado Federal Savings 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
Colorado Federal Savings Bank U.S. Bank Average
3.87% 6.77%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s 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 June 30, 2019, Colorado Federal Savings Bank had $8,823,000 in non-current loans and $353,000 in owned real estate. To cover these potential losses it had $225,121,000 in equity and $12,241,000 in loans loss reserves. That gives it a Texas Ratio of 3.87%.

Return on Equity
Colorado Federal Savings Bank U.S. Bank Average
3.5% 9.50%

Colorado Federal Savings Bank has a Return on Equity of 3.5% versus the BestCashCow average of 9.50%. 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
Colorado Federal Savings Bank U.S. Bank Average
12.68% 12.76%

Colorado Federal Savings Bank has a Capitalization of 12.68% versus the BestCashCow average of 12.76. 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.

Colorado Federal Savings Bank Balance Sheet Analysis

As of June 30, 2019, Colorado Federal Savings Bank had assets of $1,775,927,000, loans of $1,006,871,000, and deposits of $1,510,581,000. 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

June 30, 2019
ASSETS
Cash & Balances due from depository institutions $0.15 billion
Interest-bearing balances $0.14 billion
Total securities $0.53 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $1.01 billion
Loan loss allowance $0.01 billion
Trading account assets $0.00 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.04 billion
All other assets $0.05 billion
     Total Assets $1.55 billion
LIABILITIES
Total deposits $1.51 billion
      Interest-bearing deposits $0.78 billion
      Deposits held in domestic offices $1.51 billion
      % insured (estimated) 88.16%
Federal funds purchased and repurchase agreements $0.00 billion
Trading liabilities $0.00 billion
Other borrowed funds $0.03 billion
Subordinated debt $0.00 billion
All other liabilities $0.02 billion
      Total Liabilities $1.55 billion
      Shareholders’ Equity $0.23 billion

Summary Income Statement

June 30, 2019
INCOME AND EXPENSES
Total Interest Income $0.03 billion
Total Interest Expense $0.01 billion
Net interest income $0.02 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $-0.00 billion
Total non interest expense $0.01 billion
Pre-tax Net Operating Income $0.01 billion

Bank Loan Profile?

The top three loan types in Colorado Federal Savings Bank’s loan portfolio are 1-4 Family Residential Loans, Multifamily Mortgages, and Construction and Development Loans.

Compared to other banks in Colorado, Colorado Federal Savings Bank has a significantly higher percent of Multifamily Mortgages, Construction and Development Loans 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 33.30
Multifamily
Mortgages
33.26
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 0.00
Construction and Development Loans 18.27
Commercial Real Estate 6.02
Commercial and Industrial Loans 2.02
Farm Loans 0.00

Frequently Asked Questions About Colorado Federal Savings Bank

Branches and Savings

Is Colorado Federal Savings Bank FDIC insured?

Yes. It is covered under FDIC Certificate #33111.

Why does Colorado Federal Savings Bank pay such low interest on savings accounts?

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

Why are Colorado Federal Savings Bank CD rates not competitive?

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

Is Colorado Federal Savings Bank a commercial bank?

Yes

Where are Colorado Federal Savings Bank locations?

See branch locations nearby.

Is Colorado Federal Savings Bank open on Saturdays?

Is Colorado Federal Savings Bank open on Sundays?

What time does Colorado Federal Savings Bank open?

What time does Colorado Federal Savings Bank close?

Are Colorado Federal Savings Bank ATMs Open 24/7?

Do Colorado Federal Savings Bank ATMs accept cash deposits?

Can Colorado Federal Savings Bank customers use other ATMs?

Do Colorado Federal Savings Bank branches have notaries?

Will Colorado Federal Savings Bank notarize my document?

What address for Colorado Federal Savings Bank should I put for incoming ACH transfers?

Will the Colorado Federal Savings Bank branch print checks?

Do Colorado Federal Savings Bank checks expire?

Does Colorado Federal Savings Bank require US citizenship to open account?

Can Colorado Federal Savings Bank close my account?

Does Colorado Federal Savings Bank Report to credit bureaus?

Does Colorado Federal Savings Bank Use Equifax?

What is Colorado Federal Savings Bank's ACH Routing Number?

What is Colorado Federal Savings Bank's SWIFT code?

Products

Does Colorado Federal Savings Bank offer mortgages?

Compare mortgage rates here.

Does Colorado Federal Savings Bank offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does Colorado Federal Savings Bank offer personal loans?

Compare personal loan rates here.

Does Colorado Federal Savings Bank offer student loans?

Will Colorado Federal Savings Bank cash a check?

Will Colorado Federal Savings Bank redeem a savings bond?

Does Colorado Federal Savings Bank cash savings bonds?

Will Colorado Federal Savings Bank cash money orders?

Can Colorado Federal Savings Bank issue a money order?

Does Colorado Federal Savings Bank do currency exchange?

Background on The Bank

Who owns Colorado Federal Savings Bank?

How long has Colorado Federal Savings Bank been around?

Can Colorado Federal Savings Bank transfer to other banks?

Does Colorado Federal Savings Bank have quick pay?

Does Colorado Federal Savings Bank accept rolled coins?

Will Colorado Federal Savings Bank accept loose change?

Where is Colorado Federal Savings Bank headquarters?

Customer Reviews for Colorado Federal Savings Bank


  • July 01, 2019

    wherever this comptroller thing is in your state kick them out on the street after you take the comptroller thing and take them somewhere on the east coast where there are sharks in north Carolina water and the sharks will eat them if they don't stop ok and you will say see those sharks you will go in if you don't stop and trump said to do that to everybody

  • June 04, 2016

    Can I open a cd on line? Thank you

  • December 07, 2015

    How do I invest with your bank? I am interested in 18 mo. cd

  • May 26, 2015

    You advertised a l year CD rate of 1.35 but I can not find any information to invest. Warren N. Billings

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