Solera National Bancorp, Inc. (SLRK)

Overview

Solera National Bancorp, Inc. is a bank holding company for Solera National Bank, specializing in providing a wide range of commercial and consumer banking solutions to small and medium-sized businesses, licensed professionals, and individuals across the United States. Established in 2005 and based in Lakewood, Colorado, the company focuses on fulfilling the banking needs of its clients by offering personalized services, leveraging its deep understanding of the local business landscape, and utilizing the latest in banking technology to ensure customer satisfaction and security.

Products and Services

• Deposit Products - Solera National Bancorp, Inc. offers various deposit account options designed to meet the needs of both individual and business clients. These include:
  • Checking and Savings Accounts - Flexible options for everyday banking needs.
  • Money Market Accounts - Higher interest accounts for those looking to earn more on their balances.
  • Time and Demand Deposits - Secure and fixed-term investment opportunities for depositors.
  • Certificates of Deposit - Fixed-term deposits offering guaranteed return rates.
• Business Loan Products - A variety of loan services tailored for businesses seeking financial growth or stability. These services include:
  • Real Estate Secured Loans - Financing options backed by commercial real estate.
  • Construction Loans - Dedicated funds to support construction and development projects.
  • Small Business Administration Loans - Government-backed loans to support small businesses.
  • Business Lines of Credit - Flexible credit solutions for managing cash flow and short-term financing needs.
  • Equipment Financing - Loans designed for the purchase of business equipment.
• Online Banking and Other Services - Solera National Bancorp, Inc. ensures its clients have access to modern, convenient banking technologies and services, including:
  • Online Banking - Secure online access to accounts, enabling customers to manage their finances efficiently from anywhere.
  • Account Analysis and Combined Account Analysis - Detailed reviews of account activities to help businesses manage their banking more effectively.
  • Commercial Sweep - Automated services for managing excess balances and improving interest earnings.
  • Remote Deposit - Convenient deposit service allowing clients to deposit checks remotely using digital devices.
  • ACH Origination - Streamlined processing for electronic transactions and direct deposits.
  • Payroll Direct Deposit, Merchant Services, and Fraud Protection - Comprehensive services designed to streamline operations, increase security, and enhance the payment process for businesses.
  • Business Debit Card and Cash Management Services - Tools for day-to-day financial management and operational efficiency.
• Additional Financial Products - Beyond its core offerings, the company also provides:
  • Self-directed Checking Accounts - Offering clients greater control over their financial transactions.
  • Non-recourse Financing - Specialized lending options that provide loans secured by collateral, where the borrower is not personally liable.