Colorado Opposed Failure of Community Bank in Rare Dispute with Federal Regulators

Fred Joseph, Colorado's banking commissioner, said Community Banks of Colorado should have been able to sell its branches in a bid for more time to resolve its problems. But the FDIC and the Fed overruled him — and then failed the bank.

NBH Holdings Beefs Up in Colorado with Branch Acquisition

NBH Holdings Corp. is following up its recent failed bank acquisition in Colorado with a branch deal and name change.

NBH Holdings Sees Future in Rockies as a Consolidator

After striking two deals around Kansas City, Mo., last year, the Boston banking company has moved on to Colorado, buying Bank of Choice on Friday in a deal with the FDIC.

Collapses in Florida and Colorado Bring Failure Total to 58

Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.

Controversial Amortization Bill Returns for a Second Debate

Bankers love the plan but regulators can't stand it

A trio of Colorado congressmen — Ed Perlmutter, Mike Coffman and Scott Tipton — are sponsoring the Capital Access for Main Street Act.

Bellco CU to Enter Denver Market

State regulators last Friday approved a request by Bellco Credit Union in Greenwood Village, Colo., to expand in order to serve all 610,000 residents of Denver County.

Three Credit Unions Unveil Rare Merger

Credit unions in Arizona, Colorado and Wyoming have voted to combine their three state credit union leagues, the latest consolidation of state trade associations.

United Western: We Disavow 4Q Report

United Western Bancorp, a holding company in Denver that is suing regulators to regain control of its failed thrift, has denied filing a quarterly report with the OTS.

CoBiz Records Hefty 4Q DTA Charge

CoBiz Financial Inc. of Denver said late Monday that it would record a $15.6 million valuation allowance for deferred tax assets.

Colorado Bank Told to Raise Funds

The Federal Reserve has given Community Banks of Colorado 90 days to return to adequately capitalized status or sell itself.

Fed Takes Action Against BankVest

The Federal Reserve Board said it has reached a written agreement with BankVest Inc. of Castle Rock, Colo.

Did United Western Failure Say as Much About OTS as the Thrift?

With regulators catching flak for taking too long to close "zombie" institutions, the failure of United Western Bank seemed atypically quick.

United Western Leads List of Four Failures, Raising 2011 Total to Seven

Regulators also closed banks in the Carolinas and Georgia in a busy night that also saw a shelf charter and a deposit insurance national bank utilized.

United Western Gets Extension on Loan

United Western Bancorp said in a Jan. 12 filing with the SEC that it had entered into its sixth forbearance agreement on a $16.25M line of credit with JPMorgan Chase.