Financial Services

Noteworthy Industry Profiles


PNC Finalizes FirstBank Branch Conversion

PNC says it has completed the conversion of FirstBank customers and branches in Colorado and Arizona, a change that matters in Jefferson County because Lakewood was named in the release and local businesses that banked with FirstBank may now be working directly with PNC’s larger network of business banking, lending and cash-management services. For companies…more

Safe Harbor Expands Board with New Appointments

SHF Holdings, Inc., known as Safe Harbor, announced the appointments of Tyler Klimas and Sean Tonner to its Board of Directors, expanding the board from five to six members. The changes took effect on April 22, 2026. Klimas will hold positions on the Audit Committee, Compensation Committee, and Nominating and Corporate Governance Committee, serving as…more

Safe Harbor Q1 2026 Results: Loans up 56%

Safe Harbor Financial reported a revenue of approximately $2.0 million for the first quarter of 2026, marking a 2.2% increase year-over-year. The company’s loan program income rose 55.6% to about $0.8 million, reflecting changes in their partnership agreements. Total operating expenses declined by 4.7% year-over-year, bringing them to approximately $3.7 million. As of March 31,…more

Black Lake Capital Exits A5 Following Acquisition by Accordion

Black Lake Capital, an Evergreen-based private equity firm, has announced the successful exit of its portfolio company, A5, a premier digital transformation consultancy, following its acquisition by Accordion. A5 is widely recognized for its expertise in the Salesforce ecosystem, specializing in Configure, Price, Quote (CPQ), Revenue Cloud, and various CRM implementations. During its partnership with…more

PNC To Cut 18% of FirstBank Staff in Lakewood

Lakewood’s Economic Development Office said it is working with state and county partners to provide rapid response services for employees who could be affected by potential layoffs related to a WARN notice filed by PNC/FirstBank. The office said it has been in direct communication with PNC/FirstBank to better understand workforce needs and to offer support…more

Safe Harbor Launches Cannabis Industry 401(k)

Safe Harbor Financial has announced the launch of a new retirement solution specifically designed for the regulated cannabis and hemp industries. Known as the Safe Harbor Retirement Plan, this pooled employer 401(k) plan aims to provide state-legal cannabis businesses with a stable and compliant way to offer long-term savings options to their workforce. The introduction…more

Safe Harbor 2025 Results Include 12% Revenue Uptick

Safe Harbor Financial has released its financial results for the fourth quarter and full year ending December 31, 2025, highlighting a significant restructuring of its balance sheet and a return to sequential revenue growth. The company successfully eliminated nearly all of its 18 million dollars in debt during the year. This transformation resulted in a…more

Premier Members Tops Jeffco Credit Unions

Jefferson County-based credit unions reported a wide range of assets in 2025, with 11 institutions appearing on a 2026 list ranked by 2025 assets. The updated list was released today by Jeffco BdB, which compiled data provided by the National Credit Union Administration. Premier Members Credit Union ranked first on the 2026 list, with 2025…more

On Tap Credit Union Unveils New Leadership Roles

Golden-based On Tap Credit Union has announced the appointment of Amanda Kutzler as Vice President of Member Engagement & Retail Operations and Neda Milani as Director of Lending. These leadership roles are designed to enhance the member experience and support the credit union’s growth. Tracie Wilcox, President and CEO of On Tap Credit Union, emphasized…more

Safe Harbor Reports Financial Gains, Growth Plans

Golden-headquartered Safe Harbor Financial has announced significant financial progress in a letter to shareholders from CEO Terrance Mendez. The company is now debt-free and holds over $6 million in cash, alongside a long-term agreement with a major customer expected to enhance cash flow by $10.5 million. Mendez highlighted that the company eliminated substantially all debt…more

Safe Harbor Reports 29% Growth in Deposits

Golden-based SHF Holdings Inc., operating as Safe Harbor, announced a 29% increase in average deposit balances within emerging U.S. markets over the past year, contributing to a total average deposit growth of 4.5%. These emerging markets now account for 31% of the Company’s overall deposit balances. This growth reflects Safe Harbor’s focus on high-potential markets,…more

On Tap Credit Union Launches Enhanced Account Switching Tool

On Tap Credit Union has launched a new digital tool designed to simplify how members activate accounts and manage their financials remotely. The upgraded platform allows members to easily update their direct deposits and recurring payments directly through online banking. This development is part of On Tap Credit Union’s commitment to enhancing member service and…more