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 years in the industry, […]
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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 for contempt filed Oct. 22 […]
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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 35 loans for more […]
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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 weekends out of his […]
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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 or less. “Though they may be […]
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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 enable the $4.2 billion […]
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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 their company. The company provides […]
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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) — according to a recent poll […]
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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 its consumers,” said Attorney General […]
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Traditionally, business people in Colorado Springs choose to invest in real estate, leaving little money for venture capital or angel investing for the city’s startups. A local venture capital group wants to change the local culture by inviting Denver investors and companies to the Springs. Organizers and business leaders believe collaboration with neighbors to the […]
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Traditionally, business people in Colorado Springs choose to invest in real estate, providing little money for venture capital or angel investing for the city’s startups. A local venture capital group wants to change the culture by inviting Denver investors and companies to the Springs. Organizers and business leaders believe collaboration with neighbors to the north […]
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The U.S. Small Business Administration announced that the federal government reached its small business federal contracting goal for the second consecutive year, according to an administration news release. The federal government awarded 24.99 percent in federal contracts to small businesses, the highest percentage of contracting dollars awarded to small businesses since the 23 percent goal […]
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