Fortis Private Bank

Name:Fortis Private Bank
Full Service Brick and Mortar Office
Main Office of the Bank
Review:1 client review
Location:1550 17th Street, Suite 203
Denver, CO 80202

Denver County
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Phone:303-989-1313
FDIC Cert:#34401
Established:1997-05-13


The Bank

Name:Fortis Private Bank
Concentration:Commercial Lending Specialization
Established:1997-05-13
FDIC Insurance:1997-05-13
Holden By:Fortis Financial Inc
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:4, view all, view on map
Website:www.fortisprivatebank.com
Total Assets:$1,144,655,000
Total Deposits:$1,011,482,000
Total Equity Capital:$94,277,000
Total Domestic Office Deposits:$1,011,482,000
Net Income:$4,329,000
Quarterly Net Income:$2,148,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:9%
Quarterly Return on Equity:9%
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Client Review

1 client review of Fortis Private Bank scored 1 out of 5.

Developer
Overall Rating
Interest Rate and Cost
Office Environment & Staff
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by moley, Jan. 01, 2012

Are going after existing clients and increasing loan fee requirements upon renewal to try and raise capital to keep from getting a cease and desist order from FDIC, since they are still on FDIC troubled bank list. They misrepresent their ability to make loans and then demand terms that are so unreasonable that it forces clients to scramble for cash to avoid foreclose. They choose to pressure good paying clients at all costs despite clients efforts to cooperate.  And they do threaten to come after clients at all cost. The most distrustful and cutthroat operation I have ever had the displeasure to work with. Ask around before doing business with them, you'll find out what others think of them. They give good bankers bad names! Stay away from them!

* this reviewer has be with this bank for 1 - 3 years
* this reviewer had 1 - 2 banks before.
* this review was made on Fortis Private Bank, Englewood Branch at Englewood, CO
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