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Colorado Springs
BKD, a national CPA and advisory firm with a presence in Colorado Springs, joined forces last week with the National Association of Manufacturers for a webinar to review new and proposed business tax regulations, as well as to compare reform proposals in the House of Representatives with those of...
When news of a financial scandal at Wells Fargo was made public last month, the implications seemed negative, but not dire. But ongoing investigations and lawsuits against the company are beginning to paint a picture of the San Francisco-based bank as a company that fostered a culture of unethical —...
Bank of the San Juans will continue to grow its presence in Colorado Springs following its October purchase of Cañon National Bank, said President and CEO Art Chase. “We’d like to expand in Colorado Springs, whether through an acquisition or opening new branches,” he said. Based in Durango, Bank of the...
Lonnie Parsons, regional president of ANB Bank in Colorado Springs, got into banking to make people’s dreams come true — to help clients buy their first homes, start and operate businesses, send their kids to college. “That’s the fun part of banking,” Parsons said. “I’ve really enjoyed banking.” After spending 38...
Woodland Park resident Richard Roop began serving a 60-day jail sentence Tuesday for contempt of court following a hearing in Denver District Court, according to a news release sent by the Colorado Department of Regulatory Agencies (DORA). The sentence, handed down by District Court Judge Michael Martinez, followed a motion...
U.S. Small Business Administration (SBA) lending, both nationally and in Colorado, reached all-time record levels during fiscal year 2015, the year ending Sept. 30. In El Paso County, the SBA gave 141 loans that totaled more than $39 million. Most of those came from the U.S. Bank National Association, which made...
While a general manager for an ACE Hardware store, Steve Frederick worked with a receiving manager who took more than $200,000 worth of merchandise while working at the store. “When we caught him, he had his garage set up like a hardware store,” Frederick said. “He was selling stuff on...
The Wells Fargo Community Assistance Fund granted $29,800 to 19 El Paso County-based nonprofits, according to a news release sent by the company. This is the 21st year the bank has given money through the CAF. Eligible organizations must be certified 501(c)(3) and have an annual budget of $350,000...
Members of Ent Federal Credit Union will be asked to vote by Oct. 29 to change the institution’s charter from a federal charter to a state charter. “With a state charter, we can serve more people,” said Victoria Selfridge, vice president, corporate communications. “Federal charters are more restrictive.” The move will...
Each year the Colorado Women’s Chamber of Commerce recognizes companies that create a workplace that supports the highest levels of personal and professional accomplishments for women employees. ANB Bank received the Medium Company of the Year Award for creating a culture that encourages leadership, growth and advancement of women within...
The United States is the only country that a majority of Colorado high-net-worth investors regard as a “good” investment for the upcoming year. At 60 percent, this is at least 25 percentage points higher than the next region and countries — Western Europe (35 percent), Japan (25 percent) and India (23 percent) —...
Chase Bank NSA and Chase Bankcard Services Inc. reached a $136 million agreement with Colorado and 46 other states to settle allegations that the company employed unlawful debt-collection practices, including "robot-signing" affidavits to collect $4.5 billion in credit card debt. “Chase's debt collection practices valued profits-from-volume at the expense of...