Colorado

WASHINGTON — Boulder, Col.-based Elevations CU here has been named one of four recipients of the 2014 Baldridge Award from the Commerce Department's National Institute of Standards and Technology (NIST).

The bottom line at Solera National Bancorp in Lakewood, Colo., improved from a year earlier, though losses persisted amid management upheaval.

Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.

Sunflower Financial is adding loans and growing in Denver. First Western Financial has tepid loan growth, but its prowess in private banking is enviable. Casual talks between their CEOs led them to the realization they could build on each other’s strengths.

DENVER — NCUA on Tuesday received good news from the U.S. Court of Appeals for the Tenth Circuit, which upheld its original opinion that the regulator's suit against several banks regarding mortgage-backed securities can proceed.

Mutual of Omaha Bank has agreed to sell five branches to CIC Bancshares in Denver.

WESTMINSTER, Colo. and WARRENVILLE, Ill. — System United Corporate Federal Credit Union, better known as SunCorp, on Wednesday announced its intent to merge with Alloya Corporate Federal Credit Union of Illinois.

Solera National Bancorp (SLRK) continues to go through management changes less than a month after an activist took over the Lakewood, Colo., company's board.

Guaranty Bancorp (GBNK) in Denver has bought Cherry Hills Investment Advisors in Greenwood Village, Colo.

Steele Street Bank & Trust decided to find a buyer when CEO Bob Malone realized the bank lacked the size to adequately court business in the Mile High City.

KPMG Corporate Finance has acquired the assets of Denver investment bank St. Charles Capital.

MidFirst Bank in Oklahoma City said Thursday that it will purchase Steele Street Bank & Trust in Denver, Colo.

Six directors resigned after the company contested an activist investor's successful effort to wrest board control. As a court battle looms and regulators watch, the company could struggle to find replacement directors.

Six directors at Solera National Bancorp (SLRK) have resigned as the Lakewood, Colo., company remains embroiled in a messy public struggle with its biggest investor.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has tapped a recently retired banking commissioner to join its board.

BROOMFIELD, Colo. — The $151 million Community Financial CU here and the $66 million Boulder Municipal Employees FCU plan to merge this fall.

Solera National Bancorp (SLRK) lost its proxy battle at the ballot box, though the Lakewood, Colo., company still hopes it can win in the courtroom.

FirstBank in Lakewood, Colo., has opened a new branch in Denver's newly renovated Union Station building.

Solera National Bancorp (SLRK) in Lakewood, Colo., said it is willing to negotiate with an activist investor on filling some board seats.

Solera National Bancorp (SLRK) in Lakewood, Colo., has one less activist investor to worry about. The $168 million-asset company disclosed late Friday that Kathleen Stout, a former company executive, has withdrawn her nomination of eight director candidates.