“Rarely do ‘experts’ make the biggest contributions. People who are innovative and not limited by industry norms and preconceived notions are often those who break barriers and forge advances,” said Laura Benjamin, president of Pinehurst Press Ltd.
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 […]
The Internal Revenue Service has increased audits of high net worth individuals. Audits of people with incomes of $1 million or more increased 84 percent from fiscal year 2006 to 2007. Total audits of individual returns increased by 7 percent to nearly 1.4 million for ’07 — the highest number since 1998, according to the IRS’ Web site.
With nearly twice the number of deposits as its closest competitor, Wells Fargo once again outranked other Colorado banks last year. That’s according to annual statistics from the Federal Deposit Insurance Corp. that were released last week. The numbers also show U.S. Bank slid from the No. 2 spot on the list – a spot now claimed by Lakewood-based FirstBank, which increased deposits by 9 percent. U.S. Bank’s deposits dropped by nearly 2 percent.
Pent-up consumer demand is one of the things that will help the national economy recover. The debt burden of households is the lowest it’s been in more than 13 years. That’s the word from Gary Schlossberg, senior economist for Wells Capital Management, who was keynote speaker this morning at the 14th annual Southern Colorado Economic […]
American National Bank has broken ground for its newest facility near the intersection of Powers and Union boulevards at 4194 Royal Pine Drive. The two-story banking center will become American National Bank’s sixth full-service location in the Colorado Springs area. The 10,000-square-foot, full-service bank will have three drive-up lanes and a 24-hour drive-up ATM access.
Mortgage Solutions of Colorado founder and CEO Roy Clennan is handing over day-to-day operations of his company to a newly hired president. Clennan, who founded the Colorado-based mortgage bank in 1997, had been doing both jobs of CEO and president of the company, which does business as Freedom Financial Services. “We are getting so big, […]
Adams Bank and Trust’s parent company, ADBANC Inc., has completed the purchase of the Colorado Springs-based Colorado Online Mortgage. Colorado Online Mortgage was established by Christine Meacham in 1988 under the name of Auer Mortgage.
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 […]
The cyberspace world and blogs have brought awareness to topics ranging from widgets to world news — and the world of investments is no exception. Here is a list of investment blogs I stumbled upon that had some valuable information, or just gave me a good laugh.
At 37, Dr. Toni Green-Cheatwood has a lot of responsibility. She’s the director of breast oncology at Penrose-St. Francis Cancer Center — and counsels women on their options once they’re diagnosed with breast cancer. It’s not an easy job, but creating long-term relationships with patients is one of the things Green-Cheatwood enjoys about her high-stress […]
People want to know what’s going on with the economy — it’s as unpredictable as the walnut-sized hail was Monday night, just north of Garden of the Gods (vicious horizontal projectiles, in case you’re wondering). As a sign of the times, a crowd of more than 500 people attended Integrity Bank & Trust’s Second Annual […]