5Star Bank logo

5Star Bank in Colorado Springs, CO

No stored Google rating available.

5Star Bank is an FDIC-insured bank offering personal and business checking, savings, loans, mortgages, and credit cards with locations in Colorado.

Data compiled from public sources

5Star Bank Review

5Star Bank is a regional FDIC-insured bank headquartered in Colorado with physical locations in Colorado Springs, Greenwood Village, and Trinidad. S. Government, providing deposit protection up to applicable FDIC limits.

Founded to serve both personal and business banking needs, 5Star Bank has positioned itself as a community-focused financial institution. 5Star Bank offers a comprehensive suite of personal banking products including checking and savings accounts, money market accounts, certificates of deposit (CDs), individual retirement accounts (IRAs), personal loans, residential mortgages, home equity loans, and credit cards with rewards programs. On the business side, they provide commercial checking accounts (including analysis checking), business savings, business CDs, commercial loans, commercial real estate loans, SBA loans, business lines of credit, business credit cards, cash management services, remote deposit capture, merchant card processing, and listed financing for niche industries including food service, government contractors, and supply chain operations.

The bank also offers dedicated banking solutions for veterans and service members, plus workplace banking programs for employers and employees. 5Star Bank differentiates itself through industry-listed lending services not commonly found at larger banks, including supply chain financing and government contractor programs. They offer accessibility features (AudioEye enabled website), mobile banking with mobile deposit, and electronic fund services including EFTPS tax payments.

Their marketing emphasizes personalized service through multiple contact channels (1-800-776-2265) and educational resources including podcasts, financial calculators, and security education focused on elder abuse prevention and identity protection. As a regional bank with limited branch locations (three known locations in Colorado), 5Star Bank's reach is geographically constrained compared to national banks. Specific interest rates, fees, loan terms, and detailed product features are not disclosed on their website, requiring direct contact for pricing information.

The bank appears well-capitalized and properly regulated but lacks the digital convenience and product breadth of larger national or online-only banks.

Services & Features

Business credit cards and Visa rewards cards
Business lines of credit and letters of credit
Cash management and remote deposit capture
Certificates of Deposit (CDs) for personal and business
Commercial loans, commercial real estate loans, and SBA loans
Home equity loans and overdraft protection
Individual Retirement Accounts (IRAs)
Merchant card processing services
Personal checking accounts (including Kasasa Cash checking)
Personal loans and residential mortgages
Personal savings accounts and money market accounts
Specialized financing (supply chain, food industry, government contractors)

Feature Checklist

Mobile App
Online Portal
Score Tracking
Credit Education
Personal Advisor
Identity Theft Protection

Pros & Cons

Pros

  • FDIC-insured deposits backed by full faith and credit of U.S. Government
  • listed business lending for niche industries (food, government contractors, supply chain)
  • Mobile banking with mobile deposit capture for remote check processing
  • Comprehensive SBA loan programs and commercial real estate financing
  • Dedicated financial solutions for veterans and military service members
  • Online banking with bill pay and eStatements for account management
  • Rewards credit cards (Visa 5Star Rewards) for personal and business use

Cons

  • Limited geographic footprint with only three known Colorado branch locations
  • No interest rates, fees, or specific loan terms disclosed on website
  • Limited online banking convenience compared to national or neobanks
  • Regional bank status may mean fewer ATM locations and limited services outside Colorado
  • No mention of mobile app download links or digital-first banking features

State Consumer Finance Context

This is state-level context for Banks consumers in Colorado Springs, CO. It does not confirm that 5Star Bank or this specific location is licensed.

State regulator

Colorado Department of Regulatory Agencies - Division of Banking

Key state rules to check

  • Proposition 111 (2018) capped payday loan APR at 36% and eliminated balloon payments.
  • The Uniform Consumer Credit Code governs most consumer lending in the state.
  • Payday loans limited to $500 with a minimum 6-month term.

Source: CreditDoc state-law summary and listed public regulator resources. Verify licensing directly with the listed state regulator before relying on a provider.

Frequently Asked Questions

What services does 5Star Bank offer?

5Star Bank offers 12 services including Personal checking accounts (including Kasasa Cash checking), Personal savings accounts and money market accounts, Certificates of Deposit (CDs) for personal and business, Individual Retirement Accounts (IRAs), Personal loans and residential mortgages, and 7 more.

What profile signals are listed for 5Star Bank?

5Star Bank has profile signals associated with Colorado-based small business owners seeking listed industry lending (food, government contracting), Veterans and military service members accessing dedicated financial products, Local Colorado residents preferring community bank relationships over national institutions, Businesses needing commercial real estate loans and SBA financing options.

What are the strengths and weaknesses of 5Star Bank?

Key strengths: FDIC-insured deposits backed by full faith and credit of U.S. Government; listed business lending for niche industries (food, government contractors, supply chain); Mobile banking with mobile deposit capture for remote check processing. Areas to consider: Limited geographic footprint with only three known Colorado branch locations; No interest rates, fees, or specific loan terms disclosed on website.

How does 5Star Bank compare to similar companies?

In the Banks category, comparable providers include Alamosa State Bank, Bank of America Financial Center, Elite Credit Freedom. Each company has different strengths, so compare services, pricing, and consumer complaint records before deciding what to do next.

Quick Facts

Founded
1980
Headquarters
Colorado Springs, CO
BBB Accredited
No
Certifications
FDIC Insured FDIC Cert #91005
Visit 5Star Bank

CreditDoc Profile Note

Research Note on 5Star Bank

5Star Bank is profile signals for Colorado-based small business owners and residents seeking personalized community banking with listed lending programs for niche industries, plus veterans accessing dedicated military financial solutions. The main caveat is geographic limitation to Colorado, lack of listed pricing on the website, and reduced digital convenience compared to larger national or online-only banks.

Profile Signals

  • Colorado-based small business owners seeking listed industry lending (food, government contracting)
  • Veterans and military service members accessing dedicated financial products
  • Local Colorado residents preferring community bank relationships over national institutions
  • Businesses needing commercial real estate loans and SBA financing options
Updated 2026-05-08

Similar Companies

Alamosa State Bank logo

Alamosa State Bank

Alamosa State Bank is a community bank chartered in 1907, offering personal and business checking, savings, loans, and credit products from locations in Colorado.

BBB: NR

Profile signals: Local Alamosa, Colorado residents seeking personalized community banking relationships, Small businesses in the Alamosa area needing business checking and lending services

Bank of America Financial Center logo

Bank of America Financial Center

Denver's Bank of America Financial Center at 100 Fillmore St, CO, offers personal and business banking services.

3.4/5

Google rating from 642 reviews

BBB: NR

Profile signals: Customers seeking comprehensive personal and business banking services in Denver's Cherry Creek area, Homebuyers and refinancing customers needing mortgage lending staff context and direct loan officer contact

Elite Credit Freedom logo

Elite Credit Freedom

Vectra Bank is a Colorado-based bank offering checking, savings, loans, mortgages, and credit cards. The website lists an 'Elite Credit Card' among its credit card products.

4.2/5

Google rating from 5 reviews

BBB: NR

Profile signals: Customers seeking a full-service bank with physical branch access in Colorado and surrounding regions, Military personnel and seniors seeking listed checking accounts with potential benefits

Compare Your Needs With 5Star Bank

Answer 3 quick questions to review category, service, and profile context.

1. What's your primary financial goal?

Quick Summary

  • 5Star Bank is listed as a Banks provider in Colorado Springs, CO on CreditDoc.
  • Use this page to check contact details, location, listed services, review signals, FAQs, and similar providers before deciding what to do next.
  • If you need a loan, account, installment option, credit help, or debt support, start with the fit quiz and compare alternatives before contacting a provider.
  • For broader context, continue into the free Credit Fundamentals course or a relevant financial wellness guide.

Financial Wellness Guides

Affiliate Disclosure: CreditDoc may earn a commission when you click links to 5Star Bank and other services. These commissions help us maintain our free research. Compensation does not determine whether a provider can be covered; visible star ratings use stored Google review ratings when available. Learn more.