First FarmBank (FDIC certificate 58508) was established in 2007 and operates through 4 branch offices located in CO. Mr. Dan Allen, President & CEO of First FarmBank, leads a team of 31 employees.The bank's parent holding company, FARMBANK HOLDING, INC. is based in Greeley, CO.
First FarmBank, headquartered in Greeley, CO, is rated five stars for financial strength by BauerFinancial, Inc., the nation’s leading bank rating firm. As a general rule, a five star rating indicates, among other things, that First FarmBank has at least twice the capital that regulators require, is profitable (or operating with a very small loss) and has kept its delinquent loans in check.
First FarmBank is a state chartered commercial bank and not a member of Federal Reserve. With $150 million in total assets, the FDIC classifies the bank’s asset concentration as Agricultural Specialization.
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