Advantage Bank Colorado (FDIC certificate 57072) was established in 2000 and operates through 4 branch offices located in CO. Mr. Tom Chinnock, CEO of Advantage Bank Colorado, leads a team of 40 employees.
Advantage Bank Colorado, headquartered in Loveland, CO, is rated two stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a two star rating is “Problematic” and indicates that this institution is having difficulties in one or more areas of its operation. This bank can be found on Bauer’s Troubled and Problematic Bank Report.
Advantage Bank Colorado is a state chartered commercial bank and not a member of Federal Reserve. With $265 million in total assets, the FDIC classifies the bank’s asset concentration as "Commercial Lenders" which is defined as institutions whose commercial and industrial loans, plus real estate construction and development loans, plus loans secured by commercial real estate properties exceed 25 percent of total assets.
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