Safe Harbor Financial, a fintech provider for the regulated cannabis and hemp sectors headquartered in Golden, has announced a “transformational” amendment to its partnership with Arvada-based Partner Colorado Credit Union (PCCU). The deal significantly tilts the economic scales in Safe Harbor’s favor and extends the duo’s collaboration through at least 2031. The restructuring is designed…more
PNC Financial Services Group has finalized its acquisition of FirstBank Holding Company, which includes its banking operations, following the necessary regulatory approvals and customary closing conditions. This deal aims to enhance PNC’s growth strategy and expand its reach in high-growth areas of Colorado and Arizona. William S. Demchak, chairman and CEO of PNC, expressed that…more
Golden-based On Tap Credit Union has announced the addition of a Senior Vice President of Lending and a Chief Financial Officer as part of its leadership expansion. This strategic move aims to support the credit union’s long-term growth and enhance member services. Dan Tabraham has been appointed as the Senior Vice President of Lending, bringing…more
In the competitive and often turbulent world of payment processing, Brendon Speas saw a significant void. After spending 14 years within the vast operations of U.S. Bank—working in merchant services market management, commercial lending, and business banking—Speas launched 5280 Payments in January 2020. Based in Lakewood, the company’s mission is to provide efficient, reliable payment…more
FirstBank, one of the nation’s largest privately held banks, has announced a $50,000 donation to several local food banks in Colorado. This donation comes as food banks in the state are facing increased demand amid rising costs and reduced assistance for families since the pandemic. FirstBank announced in September that it will be acquired by…more
World Insurance Associates LLC, ased in New Jersey, announced today the acquisition of Reinig Insurance Solutions of Lakewood, effective July 1, 2025. The terms of the transaction were not disclosed. Reinig Insurance Solutions specializes in property and casualty products, primarily serving the health and fitness industry. Ken Reinig, President of Reinig, noted that “Today’s business…more
The latest ranking of banks by deposits at Jefferson County branches reveals that FirstBank, which was acquired by PNC Bank in early September of this year and led, leads the list for 2025, with deposits as of Sept. 30, totaling $6.09 billion. FirstBank has dominated the ranking for the last three years. Following closely is…more
The PNC Financial Services Group has agreed to acquire FirstBank Holding Co., headquartered in Lakewood. This acquisition will significantly enhance PNC’s presence in Colorado and Arizona. As of June 30, 2025, FirstBank had $26.8 billion in assets and operated 95 branches primarily in Colorado and Arizona. The deal will substantially increase PNC’s branch network in…more
Safe Harbor Financial has introduced a new banking program specifically designed for financial institutions looking to serve the legal cannabis market. This Fully Managed Cannabis Banking Program aims to simplify the process for community banks and credit unions by handling all operational and compliance tasks, allowing these institutions to accept cannabis deposits without increasing their…more
Fortis Capital Advisors has formed a strategic partnership with Risemint, an Evergreen-based independent wealth management firm founded by Bryce Johnson. This collaboration aims to enhance personalized wealth management services for families and businesses. Risemint, established in 2019, has grown its assets under management to over $120 million prior to merging with Prairie Village, Kan.-based Fortis…more
Credit Union of Denver led all Jefferson County-based credit unions in 2024 by total loan volume, issuing more than $762 million — an increase of nearly 9% from 2023. With over 156,000 loans and 72,333 members, the Lakewood-based institution was the county’s most active by both financial scale and transaction count. Climb Credit Union, based…more
The latest rankings of Jefferson County’s credit unions reveal a year of both growth and contraction across key financial metrics. Based on 2024 asset data from the National Credit Union Administration, Credit Union of Denver, based in Lakewood, remains the largest in the region, holding $1.17 billion in assets despite a nearly 20% decline from…more