Colorado Amendment 5 (1980) was an initiated constitutional amendment, regarding branch banking, in November 4, 1980 election ballot in Colorado, where it was defeated.
| Initiative 5|
|Yes|| 292,323|| 25.6%|
Election Results from: State Legislative Council, Ballot History
Text of measure
Shall a bank be permitted to establish one or more branch banking facilities separate from the principal office of the bank anywhere in the state if the Banking Board determines that the proposed branch will serve the public need and convenience in the community or area to be served, all administrative costs of filing and processing an application for a branch to be paid by the applicant bank?