Safe Harbor Financial (NASDAQ: SHFS), a financier for the regulated cannabis industry, has announced the formal introduction of its new small business line of credit program, which features a launch of new loans to three Colorado-based operators. These recipients are long-time clients of the Golden-based business. “We’re pleased to be able to offer our longstanding…more
In a recent analysis of banks by number of branches in Jefferson County, JPMorgan Chase Bank, National Association emerged as the leader with the highest number of branches in the area. According to data compiled from the Banks by Deposits at Jefferson County Branches list, Chase operates a total of 18 branches in Jeffco, making…more
FirstBank, a privately-held bank based in Lakewood, recently financed $55 million for the development of a net-zero-ready affordable housing project in Colorado known as Willoughby Corner. The bank has funded more than $500 million towards affordable housing from 2020 onward. On its completion, Willoughby Corner aims to provide 400 affordable rental and sale units. The…more
Sunflower Bank has announced the hiring of four experienced commercial banking teams in Southern California, marking its largest expansion to date. The bank’s notable presence in this commercial banking market enables the continued growth of its relationship banking model for middle-market clients. The Bank welcomed James Canepa as its Executive Vice President & Regional President…more
Candescent Capital Ventures (CCV) announced on April 22, 2024, that Adam Johnston has been recruited to serve as the firm’s Senior Vice President, Chief Program Management and Valuation Officer. Johnston’s role includes driving strategic execution and alignment of the diverse and innovative products and services being developed by the company. Speaking about the appointment, CCV’s…more
The 2024 list of the largest Registered Investment Advisers based in Jefferson County sees Western Wealth Management LLC take the top spot with $2.59 billion worth of assets under management (AUM). This inaugural list ranks local financial firms by amount of assets under management for individual and institutional investors. Data for the list was obtained…more
FirstBank, which is headquartered in Lakewood, posted the most deposits at Jeffco branches in 2023 with a total of $6.26 billion across its 16 locations. Right behind FirstBank, Wells Fargo Bank came in second place with its 2023 deposits amounting to $3.58 billion. The third spot was claimed by U.S. Bank with deposits equalling $2.16…more
Left: new CEO Kevin Classen; right: new COO Kelly Kaminskas
KeyCorp, one of the largest banking institutions in the US, has announced changes in its chief accounting office. The corporation disclosed that Douglas M. Schosser, currently serving as Chief Accounting Officer, will be departing from his position effective March 15, 2024, to pursue a senior executive role at another establishment. Schlosser’s successor, Stacy L. Gilbert,…more
Zions Bancorporation (NASDAQ: ZION) today disclosed a suite of executive leadership transformations which will take effect from April 1, 2024. The amendments affect both Zions Bank, the corporation’s most extensive banking division, and the parent organization. A. Scott Anderson, who has capably served as president and CEO of Zions Bank since 1998, is set to…more
On January 25, 2024, InBank, a commercial bank with a growing presence in the Colorado Front Range, southern Colorado, and northern New Mexico, announced the appointment of Michael Katz as Chief Credit Officer. Katz, an experienced banker with 30 years of service in financial institutions, has previously held the role of Market President for KeyBank…more
The holding companies of Dallas’ Sunflower Bank and Seattle’s HomeStreet Bank, FirstSun Capital Bancorp (FirstSun) and HomeStreet, Inc.(HomeStreet), respectively, have entered into a definitive all-stock merger agreement. The deal, which both companies’ board of directors unanimously approved, sees HomeStreet becoming a part of FirstSun and Sunflower Bank, though it will continue to operate under its…more