Overview of FMS Bank

FMS Bank was established in 1982, making it one of the younger banks operating in the United States. The bank’s main office is located in the city of Fort Morgan in the state of Colorado. The bank is a community bank and stresses this fact as one of its values noting: “we’re neighbors first, proudly supporting and giving back to the customers we serve”. The bank currently has total assets of $0.3 billion, total net loans outstanding to customers of $0.2 billion and total customer deposits of $0.2 billion. In addition, the FDIC estimates that 78% of the bank’s domestic deposits are insured. While FMS Bank is by all measures a community bank, it does have a 16% share of deposits in Morgan County, where it also headquartered and where the majority of its deposits are sourced from. As of this writing, the bank employs 49 people.

Products and Services

FMS Bank has a variety of bank account and loan options for individuals and also businesses which include but are not limited to the following:

  • Checking Accounts – the bank offers the Windmill Simple Checking account which it notes is its most popular checking account. This account option has a $100 minimum deposit to open the account and has no monthly maintenance fee or minimum balance. It does however have a $5 fee if customers opt for a printed statement instead of an electronic one. 
  • Savings Accounts – the banks offers a Traditional Savings Account and a Minor Savings Account for customers under the age of 21.
  • Personal Loans – FMS Bank has home equity, personal lines of credit, auto loans and revolving credit account loan options.
  • Mortgages – the bank has several options for virtually every loan type including conventional, jumbo, FHA, VA and USDA loans.
  • Business Accounts – the bank also serves business customers and has bank account options for businesses, small business resources, commercial real estate loans, agriculture loans and construction loan options.

Other Information for FMS Bank

  • FMS Bank Routing Number: 107003942
  • Main Office Address: 520 Sherman St., Fort Morgan, CO 80701
  • Website: www.fmsbank.com
  • Total Number of Branches: 2
  • Total Number of International Branches: None
  • Number of Employees: 49
  • FDIC Certificate Number: 23764
  • FDIC Community Bank: Yes
  • FDIC Field Office: Denver
  • Independent or Subsidiary Bank: Independent
  • Federal Reserve ID Number: 257756
  • Bank Charter Class: SM
  • Primary Regulator: FED

Branch Hours and Locations

Fort Morgan Branch

  • Branch Address: 520 Sherman Street, Fort Morgan, CO 80701
  • Branch Phone Number: 970-867-3319
  • Branch Hours: Monday to Friday 9:00am-5:00pm

Greeley Branch

  • Branch Address: 2425 35th Avenue, Greeley, CO 80634
  • Branch Phone Number: 970-673-4501
  • Branch Hours: Monday to Friday 9:00am-5:00pm

FMS Bank Financial Metrics (as of March 2022):

  • Total Assets: $0.3 billion (increase of 7.9% vs. prior year)
  • Net Loans: $0.2 billion (decrease of 0.6% vs. prior year)
  • Total Deposits: $0.2 billion (increase of 5.7% vs. prior year)
  • Return on Equity: 19.5%
  • Return on Assets: 1.93%