DENVER — Excessive Nation Financial institution and Gateway First Financial institution just lately received the go-ahead from Colorado regulators to open new branches or mortgage manufacturing workplaces in Northern Colorado and the Boulder Valley.
Salida-based Excessive Nation Bancorp., which has branches in Salida, Buena Vista and Cañon Metropolis, was accredited by the Colorado Banking Board to open a brand new department at 110 Predominant St. in Longmont.
Beforehand often called Chaffee County Financial institution and Salida Constructing & mortgage Affiliation, Excessive Nation Financial institution has been round in a single kind or one other since 1886, in keeping with the financial institution’s web site.
The corporate employs about 70 folks, has complete property of roughly $292 million and deposits of almost $253 million, in keeping with Federal Deposit Insurance coverage Corp. knowledge.
Excessive Nation CEO Larry Smith didn’t reply to a request for remark Friday afternoon.
Oklahoma-based Gateway First Financial institution was accredited by the Banking Board to ascertain a brand new mortgage manufacturing workplace at 11409 Enterprise Circle in Firestone.
The financial institution, which has property of almost $1.5 billion and deposits of greater than $630 million, obtained comparable approval in February for a brand new mortgage workplace in Greeley. Gateway First has an present mortgage workplace that operates underneath the commerce identify Gateway Mortgage Group. The financial institution was additionally accredited final 12 months to open one other mortgage workplace in Berthoud. There are further Colorado Gateway mortgage workplaces in Westminster and Greenwood Village.
The institution of a mortgage workplace is mostly seen as a precursor to a financial institution making an attempt to open a department at that location. Gateway’s department areas are presently all in Oklahoma.
DENVER — Excessive Nation Financial institution and Gateway First Financial institution just lately received the go-ahead from Colorado regulators to open new branches or mortgage manufacturing workplaces in Northern Colorado and the Boulder Valley.
Salida-based Excessive Nation Bancorp., which has branches in Salida, Buena Vista and Cañon Metropolis, was accredited by the Colorado Banking Board to open a brand new department at 110 Predominant St. in Longmont.
Beforehand often called Chaffee County Financial institution and Salida Constructing & mortgage Affiliation, Excessive Nation Financial institution has been round in a single kind or one other since 1886, in keeping with the financial institution’s web site.
The corporate employs about 70 folks, has complete property of roughly $292 million and deposits of almost $253 million, in keeping with Federal Deposit Insurance coverage Corp. knowledge.
Excessive Nation CEO Larry Smith didn’t reply to a request for remark Friday afternoon.
Oklahoma-based Gateway First Financial institution was accredited by the Banking Board to ascertain a brand new mortgage manufacturing workplace at 11409 Enterprise Circle in Firestone.
The financial institution, which has property of almost $1.5 billion and deposits of greater than $630 million, obtained comparable approval in February for a brand new mortgage workplace in Greeley. Gateway First has an present mortgage workplace that operates underneath the commerce identify Gateway Mortgage Group. The financial institution was additionally accredited final 12 months to open one other mortgage workplace in Berthoud. There are further Colorado Gateway mortgage workplaces in Westminster and Greenwood Village.
The institution of a mortgage workplace is mostly seen as a precursor to a financial institution making an attempt to open a department at that location. Gateway’s department areas are presently all in…
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