Small businesses will soon have a new weapon in their arsenal – a free, online training curriculum for new and aspiring business owners. Sponsored by the Federal Deposit Insurance Corp. and the U.S. Small Business Administration, the program is known as “Money Smart for Small Business.” The training curriculum provides an introduction to day-to-day business […]
Pioneer Services is opening a branch at 2710 S. Academy Blvd., Suite 130 on Tuesday. It is relocating from 3273 S. Academy Blvd. Pioneer Services is a lender that has been in the Colorado Springs area for more than 20 years. It offers products and services exclusively to members of the military, having served more than 1.3 million families from 19 locations near military bases throughout the United States and Germany.
Second-quarter earnings at Colorado Springs largest locally based banks are a mixed bag. Following the national trend, some are up and some are down. At 5 Star Bank, second-quarter earnings were listed at $7.47 million, an increase over 2009. But it was the sale of assets that most contributed to the increase, said Senior Vice […]
A Greeley man has been sanctioned by the Division of Securities for violating state law and offering unregistered investments. Patrick A. Kelly placed advertisements on Craigslist asking investors for his start-up professional basketball team, called the Colorado Cougars. Kelly wanted help financing the team with the plan that the Cougars would join play in the […]
It’s time to check the pulse of Colorado’s economy — either that or there was a dearth of local financial seminars this week. Go figure. It’s July and half the city, it would seem, is on vacation. Notwithstanding, yours truly still remembers the good old days, say, last summer, when she interviewed economists who said […]
The economy is pondering a cumbersome recovery. Inflation is looming like lightning on a 14er at noon in July, and investors want to know what to do. Since the recession and financial crisis, many people have realized that investing and the global economy are far more volatile than they were over the past several decades. […]
The euro is falling against the dollar on worries that Europe’s debt crisis is spreading to other countries. Borrowing costs in Italy, Spain and France have risen this week. Higher borrowing costs are a sign that investors are worried that those countries may have trouble paying their debts. On Wednesday, the yield on Italy’s 10-year […]
Colorado medical marijuana business owners are turning their attention to Congressional lawmakers for banking relief now that a Colorado proposal to create their industry’s own financial institution was killed on Valentine’s Day. Sen. Pat Steadman’s, D-Denver, proposal to create a financial cooperative for medical marijuana businesses was postponed indefinitely by the Senate’s Finance Committee. It […]
There are many things Kirkpatrick Bank could do to grow business, things like change its name or launch a cool marketing strategy. But if they don’t have the right people, it would flop, said Trent Stafford, Kirkpatrick senior vice president. That’s why the Edmond, Okla.-based bank, which has a branch in downtown Colorado Springs, has […]
Ent Federal Credit Union will celebrate the grand opening of its Jackson Creek Service Center, 16050 Old Forest Point, from 10:30 a.m. to 2 p.m. Aug. 18. The 4,000 square-foot service center was designed by architects Keys and Associates and has three drive-through lanes, 24/7 ATMs with cash and check imaging capabilities, and biometric accessed safe deposit boxes.
The Associated Press Democratic and Republican congressional leaders reached a tentative deal Thursday on tax rebates of $300 to $1,200 per household and business tax cuts to jolt the slumping economy. Congressional officials close to the negotiations said House Speaker Nancy Pelosi and Republican Leader John Boehner of Ohio reached agreement in principle in a […]
XAware Inc. has completed a $7.4 million round of venture funding. The additional capital will enable the company to continue the growth of its open source business model. The round was led by vSpring Capital. Firms participating included new investor GMT Capital, a $3.5 billion hedge fund based in Atlanta, and existing investors vSpring Capital, […]