History
Founders
of First American State Bank charted the bank on July 10,
1995, as a de novo bank, which means that the
bank started right here in Colorado and is a truly independent
bank. The majority of owners live and work in Colorado;
in fact, all of our Executive Officers are shareholders
so all have a vested interest in surpassing our customers
expectations.
First
American State Bank is one of the highest rated banks by
our regulatory agencies: the Federal Reserve System and
the Colorado State Banking Commission. Officers of the bank
have well over 100 years combined banking experience. Our
asset quality is exemplary we base our profits on
returning fair value to our customers, not by charging for
every little action as do larger banks. Our customers are
further impressed with the high quality of care and professionalism
the banks employees put into every transaction.
We
have grown the bank substantially since 1995 and have done
so with care in order to build a very long-term asset. While
many new banks today have their exit-strategies, we intend
to create a legacy that will be here working for our customers
for the next 100 years.
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