For some, credit cards provide freedoms that otherwise may not be possible. They are handy in a pinch and instrumental in establishing credit, the building block to a new home or car, cheaper insurance — even a job. And with more consumers capitalizing on rewards programs, many are using credit cards to take some of […]
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Pikes Peak Region recipients of grants from the 21st annual Wells Fargo Community Assistance Fund were announced recently by Ryan Stephens, Wells Fargo’s area president for Southern Colorado. Twenty-four locally based nonprofits received donations totaling $28,500. “El Paso County is a great place to live, work, play and do business in large part due to […]
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G.I. Jobs Magazine named U.S. Bank one of the nation’s Top 100 Military Friendly Employers® for the fourth consecutive year. The 2015 Military Friendly Employers® represent those companies with the strongest military recruiting programs and meaningful job opportunities for transitioning service members and spouses seeking civilian employment. The ranking is featured in the December issue […]
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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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The medical marijuana industry believes offering penny stocks to investors is the path to legitimacy and growth. Investment analysts call that a half-baked idea. A handful of medical marijuana companies sell stock on the Pink Sheets, the unofficial name for stocks that sell over the counter, with prices usually below $2. The stocks are not […]
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What do tests really test? This may seem a silly philosophical question, but educators and government agencies are keen to figure this out. My concern here isn’t with education, but banking. Usually the banks do the testing: Are you credit-worthy? What’s your score? Anyone who ever took out a car loan, house mortgage or business […]
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The overriding principle of investment consistency relates to television and the Internet: There’s such a barrage of 24-hour information these days that people attempt to respond to the frenetic news cycle, according to Jerry Webman, Ph.D. Webman, chief economist with OppenheimerFunds, wrote Money Shift: How to Prosper from What You Can’t Control, and frequently discusses […]
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ANB merger completed

ANB Bank completed its merger with Capital West Bank, first announced earlier this year. The $160 million Capital West Bank, headquartered in Laramie, Wyoming, with banking centers in Cheyenne and Fort Collins will now be called ANB Bank. The purchase adds to ANB Bank’s presence in Wyoming and Colorado and will increase ANB Bank’s total assets […]
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Ent Federal Credit Union is currently hosting its annual food drive. The financial institution’s 17th annual holiday food drive is designed to help local families in need, according to a news release from the company. Donors may drop off non-perishable food items and monetary donations at any of Ent’s 27 regional service centers now through […]
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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 […]
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Ent Federal Credit Union announced Thursday morning CEO Charles Emmer will retire in October. He led the organization for the past 18 years. Emmer joined Ent as CEO in 1996. Under his leadership, Ent’s assets have grown from $1.04 billion to more than $4.0 billion, while membership increased from 151,710 to more than 236,000. Part […]
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There are few places in Colorado Springs where one can find a person 3D-printing an octopus, another chopping fruit with large machinery and yet another using a punch press to create metal fittings. But a consortium of local business owners and advocates made that a reality this week by hosting the inaugural Southern Colorado Manufacturing […]
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