On December 17, 2013, the album's first single "Memo" was released.[2] On January 14, 2014, the music video was released for "Memo".[3] On June 19, 2014, the music video was released for "Playstation 1.5".[4] On July 15, 2014, the music video was released for "Fuck SeaWorld".[5] On July 23, 2014, the music video was released for "Bussin'" featuring Casey Veggies and Iamsu!.[6]
Banco was met with generally positive reviews from music critics. Jesse Fairfax of HipHopDX stated "The choice of shrouding his trademark oddity in stock cuts and sheer confidence is a curious one, but Banco remains entertaining for the most part."[9] Erin Lowers of Exclaim! said, "While the definitive setting of Banco is Chi-Town's disruptive powers and anger, Mikey Rocks brings forth the warming soul that soothes it. Having already established a career within the boom-bap realm, Sir Michael Rock's reinvention as a solo artist rips apart the blueprints he once laid and sets a foundation that may lead straight to el Banco."[8] Michael Blair of XXL stated, "There are undeniable moments of prosperity within Banco, and it’s impossible to not vibe with Sir Michael for owning his lyrical distinction as confident as he does his luxurious wardrobe. But upon completion of the album, Banco unquestionably leaves the listener yearning for a certain type of production that more appropriately suits his lyrical capacity."[11] Adam Kivel of Consequence of Sound said, "Though elements of it seem somewhat unconnected, Banco should go a long way towards making the solo stuff just as much of a hot commodity."[7]
