Colorado Business Names Executive

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Colorado Business Bank, Denver, has hired John R. Hamerstadt Jr., Douglas K. Derks, and Robert Shattuck as vice presidents.

Mr. Hamerstadt is a real estate lender in the real estate and construction department. He was a regional building loan manager with Norwest Mortgage Inc.

Mr. Derks is a commercial loan officer. He was a vice president, senior lender, and manager of the retail banking department of Union Bank and Trust, Denver, and was also in charge of small-business lending.

Mr. Shattuck, also hired as a commercial lender, was a senior lender at Union Bank and Trust, where he managed a commercial loan portfolio with small and middle-market companies.

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