Best Banks in Colorado

Find the best bank in Colorado for you.

Whether you’re looking for a no-frills, no-fee bank account or a full-service bank with plenty of branch locations, a little research can help you find the perfect fit. To make it easier, GOBankingRates studied the best banks in Colorado based on monthly fees and features for checking accounts, savings account interest rates, bank accessibility and range of banking products offered.

Here’s a look at the top 10 banks in Colorado. Compare the bank accounts and services offered to see if you can get a better deal at a new bank.

Top 10 Banks in Colorado

When you’re used to banking at a certain institution, the thought of switching banks might seem like a hassle. But banks are eager to earn depositors’ business, so many of them try to make it easier for you. Learn about the top banks in your state to choose the best one for you. Here are the best banks in Colorado:

  • First National Bank
  • Bank of Colorado
  • First Bank
  • Integrity Bank & Trust
  • Great Western Bank
  • Alpine Bank
  • Academy Bank, N.A.
  • ANB Bank
  • Community Banks of Colorado
  • Colorado Federal Savings Bank

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First National Bank

First National Bank features the convenience of 106 branches, free checking, one of the best savings account interest rates, and a full suite of loan and insurance products to serve all your banking needs. Here are some of the benefits of the bank accounts offered:

  • Overdraft and returned-item fee forgiveness
  • Unlimited, fee-free ATM usage when withdrawing from other banks
  • Free bank logo checks
  • Free cashier’s checks, stop payments and incoming wires
  • Auto, personal and home equity loan discounts

Bank of Colorado

Bank of Colorado offers a multitude of product and service offerings such as free checking, a solid interest rate on savings accounts, a full suite of loan offerings and a variety of investment products. When you open a checking account, you can create a custom package of benefits for $10 per month to better meet your needs, including these free services:

  • Online banking
  • Online bill pay
  • Mobile banking and deposit
  • Visa debit card


FirstBank, which has over 120 branches, allows you to keep your personal and business banking under one roof and enjoy the convenience of 24-hour phone banking. Although the bank offers checking accounts with no minimums, the interest-earning Premier Checking account requires a $2,500 minimum balance to avoid monthly fees. You can also enjoy these additional, free benefits:

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  • Online banking
  • Mobile banking
  • Text and email alerts

Integrity Bank & Trust

Even as a small bank with only three branch locations, Integrity Bank & Trust offers customers several valuable banking products, such as fee-free rewards checking and a range of special loans and alternative investment opportunities. Integrity’s Free Kasasa Cash and Free Kasasa Cash Back checking accounts offer these benefits:

  • $100 opening deposit
  • $0 monthly service fees
  • $0 minimum balance requirement
  • Up to $25 per month in free ATM fees
  • Rewards

Check Out: Best Savings Account Promotions Available Now

Great Western Bank

Great Western Bank features checking accounts, savings accounts, loans and investment products. Although you can opt for a free checking account, Great Western Bank offers other options like Digital Checking — an account that offers ATM refunds, free external transfers and waives the $6 monthly fee with either direct deposit or 25 debit card transactions a month. Additionally, the bank offers these services:

  • Online banking
  • Mobile banking
  • Phone banking
  • Online statements
  • Debit card purchase rewards

Alpine Bank

Alpine Bank offers various financial products such as loans, lines of credit and free checking. Consumers interested in unlimited check writing can sign up for an Elite account that waives the maintenance fee with a minimum daily balance of at least $1,500. In addition, the bank offers an innovative debit card rewards program to help you save each time you use it. The variety of personal checking accounts offered feature these benefits:

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  • Online and mobile banking
  • Free Visa debit card
  • Ready Reserve line of credit
  • Overdraft protection

Academy Bank, N.A.

Academy Bank has over 80 branches and offers unlimited, free access to over 24,000 MoneyPass ATMs. Although the bank does not offer free checking accounts, customers have the option to meet certain requirements to have fees waived each month. The bank also offers special loan discounts such as $250 off mortgage closing costs and a 0.25 percent rate discount on auto and personal loans for Elite Checking account holders. Academy Bank also offers:

  • Branches that operate six days per week
  • Branches with extended weekend and evening hours
  • Online and mobile banking tools

Read: Questions to Ask Before Opening a Savings Account

ANB Bank

In addition to a range of banking accounts, loans, investment management, and trust and estate services, ANB Bank offers free checking with a $25 opening deposit and no minimums, as well as free interest-bearing checking for people over 50. Other services and products offered include:

  • Online banking
  • Overdraft protection
  • Identity-theft protection
  • Online adult financial education center

Learn: Best Checking Account Interest Rates in Every State

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Community Banks of Colorado

Community Banks of Colorado offers a range of accounts to fit your needs, plus credit cards, mortgages and car loans. Additionally, the $8 service fee for its personal checking account is automatically waived for account holders under 25. For consumers concerned about security, Community Banks of Colorado has partnered with Deluxe Provent to offer identity theft protection for under $6 per month. Other products and services include:

  • Debit and credit cards
  • Online banking and telebanking
  • Banking by mail
  • Combined statements
  • Refer-a-Friend program

Colorado Federal Savings Bank

Colorado Federal Savings Bank is a bit different than the other banks on this list as it doesn’t offer checking accounts and only makes loans to commercial customers, but it does offer competitive interest rates on its savings accounts. You can open a high-yield savings account that pays 0.85 percent with a $2,500 minimum opening deposit, and, with a $50,000 balance in a premier savings account, the interest rate jumps to 1.65% APY. In addition, the accounts offer:

  • Online transfers
  • No monthly maintenance fee
  • No online account fee

Up Next: 13 Banks Offering Free Checking With No Minimum Balance

Methodology: To determine the best banks in the state, GOBankingRates ranked the top 10 banks based on (1) asset-size, with $100 million minimum in assets held, according to the FDIC; (2) monthly checking account service fee; (3) savings account annual percentage rate, which was either a flat rate or the lowest tiered rate available from the bank for non-specialty savings account products; (4) bank accessibility, based on the approximate number of branches; and (5) products, with banks being scored on selection of products offered, including auto loans, mortgage loans, credit cards, investment services, and insurance. 

Data for this ranking was compiled from and verified against the individual institutions’ websites between Sept. 21 and Sept. 26, 2017. Rates, terms and conditions are subject to change at the discretion of the individual financial institutions. APY was based on the minimum deposit required to open the account. Some interest rates might be short-term or promotional offers only, and it is possible additional terms and conditions must be met in order to obtain the interest rates listed. Rates and availability might vary by region. Please verify terms and conditions before opening an account.

GOBankingRates is a personal finance and consumer interest rate website owned by ConsumerTrack, Inc., an online marketing company serving top-tier banks, credit unions, and other financial services organizations. Some banks mentioned in this ranking are clients of ConsumerTrack, Inc., which serves more than 100 national, local and online financial institutions. Rankings are completely objective, and no institution, client or otherwise, paid for inclusion or specific placement.

Related: The Best Banks of 2018
See: Security Service Federal Credit Union Review: Great Rates Plus ID Theft Protection

About the Author

Michael Keenan

Michael Keenan is a writer based in the Kansas City area, specializing in personal finance, taxation, and business topics. He has been writing since 2009 and has been published by Quicken, TurboTax and The Motley Fool.

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