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Colorado Banking Regulator Denies Community Bank Acquisition by Credit Union

ABA Community Banking

The Colorado State Banking Board today denied the sale of a Colorado community bank to one of the state’s largest credit unions. The post Colorado Banking Regulator Denies Community Bank Acquisition by Credit Union appeared first on ABA Banking Journal.

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Best Community Banks to Work For 2022

Independent Banker

.; Bank of Montana, Missoula, Mont.; CNB Bank, Berkeley Springs, W.Va.; Midwest Bank, Norfolk, Neb. In our annual workplace survey, employees of ICBA’s best community banks to work for told us they benefit from engaging cultures, opportunities for advancement and innovative benefits. What great resignation?

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ABA, CBA: Colorado lending caps put state-chartered banks at ‘severe disadvantage’

ABA Community Banking

ABA and CBA filed an amicus brief in support of a lawsuit brought against Colorado for a new law capping interest rates and fees on loans to state residents made by state-chartered banks, no matter where the bank is located.

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FDIC sides with Colorado in court tussle over high-cost loans

American Banker

is arguing that Colorado has the right to establish an interest rate cap that all state-chartered banks must follow. The Federal Deposit Insurance Corp. Three industry groups are suing the state in an effort to stop its attempted crackdown.

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To spur growth, Colorado community bank hires from bigger banks

American Banker

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The power of a CDFI

Independent Banker

If a program works in the area and we think we can duplicate it within our footprint or in other rural areas around the state of Colorado, then we’ll do that.”. That mindset, and its dedication to its community, has led to the bank receiving hundreds of thousands of dollars in loans and grants year after year. “Our

Colorado 119
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State regulator in Colorado blocks credit union's planned bank purchase

American Banker

The Colorado Banking Board may be the first regulator to ever block a credit union-bank merger.