Despite a summer dip in consumer confidence, data released last month by the Colorado Automobile Dealers Association indicated a 5.7 percent increase in new car and truck registrations through August compared to the same eight-month period in 2013. “Strong sales over the Labor Day weekend put Colorado’s new car and truck sales back into positive […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
(Editor’s note: This is the second in a two-part series exploring banks and cryptocurrency.) Cryptocurrencies promise to disrupt and transform the financial system — a promise that grows as central banks around the world experiment with the idea of issuing their own cryptocurrencies. The Bank of England, the Bank of Canada,...
Randy Bernstein starts a new job Oct. 3 as president and CEO of Ent Federal Credit Union. He’s not new to town; he’s been at Ent more than 17 years. With this promotion, announced several months ago, he moves from chief operating officer to the top of the organization, which has more than 240,000 members, […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
USAA Bank announced Tuesday it will be one of few in the country to offer the new Apple Pay feature when the iPhone 6, iPhone 6 Plus and Apple Watch hit the market this fall. The San Antonio-based bank, which offers its services to current and former members of the U.S. military and their families, […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Basic Free, Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
Whistleblowers find what audits may not Look around you. Whether you’re a CEO, entrepreneur, employee of a small business or a corporate conglomerate, statistics show someone in your office is committing fraud. Perhaps he or she is merely pilfering paper towels or medicine from the supply cabinet, but often the crime is far more severe. […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
ANB Bank announced Tuesday it has entered into a definitive merger agreement to acquire Capital West Bank. The $160 million Capital West Bank, headquartered in Laramie, Wyo., has branches in Laramie, Cheyenne and Fort Collins. The purchase will add to ANB Bank’s presence in Wyoming and will increase the bank’s total assets to over $2.2 […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
Small business lending activity under the U.S. Small Business Administration’s 7(a) loan guaranty program set another national record in the last fiscal year, which ended Sept. 30. During that year, the agency approved 52,044 7(a) loans for $19.2 billion, an increase of 12 percent in the number of loans and 7.4 percent in dollar amount […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
Beware, business owners and nonprofit boards: That employee or volunteer who always arrives early, stays late, works Saturdays and never takes vacations may be stealing money. Those red flags can signal embezzlement, said certified fraud examiner and CPA Bob Johnson, who has performed fraud examinations in Colorado Springs for more than 30 years. When asked […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
  Colorado Springs is about to get a new bank, led by a few familiar faces. Tim Stack, formerly of Wells Fargo in Colorado Springs, and Steve Ingham, most recently with Kirkpatrick Bank, are leading the effort to break Denver-based Colorado Business Bank into the Springs market. Stack is the bank’s local president, and Ingham […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
A fast-growing business without much credit history can still access cash and spur further growth by selling its invoices to a factoring company. It’s not a new process, but it is new territory for Herring Bank, which is starting an Invoice Purchasing Program. Herring Bank Market President Aileen Berrios, who works out of the bank’s […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
FirstBank announced that it will begin offering Apple Pay mobile payment services for customers. Apple Pay is currently accepted at more than 700,000 businesses and retailers nationwide. Through fingerprint sensor technology available on iPhone 6, iPhone 6 Plus, Apple Watch, iPad Air 2 and iPad Mini 3, customers will be able to complete credit and […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Basic Free, Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.
Colorado-based ANB Bank celebrated the opening of its newest branch Tuesday morning in downtown Colorado Springs. The grand opening of the $5-million bank included a ribbon cutting and dedication attended by representatives of ANB Bank, the Colorado Springs Regional Business Alliance, the Colorado Springs Conservatory and members of the community. “We value the community of […]
This content is only available to members of the CSBJ. To gain access, you'll need to sign in or purchase Digital, Silver Membership, Print & Digital, Print, Digital and The Transcript, Corporate Membership or Digital Monthly If you're already a member, sign in here.