Colorado

New Resource Bank and P2Bi are splitting the risk and revenue associated with asset-based loans.

Though Fourth Corner CU's conditional access to the Fed is important, legal marijuana businesses seeking financial services are still very much in limbo.

Attorney General Jeff Sessions did not keep the rest of Washington apprised of his plan to rescind an Obama-era memo on pot. Now Fincen and other federal banking agencies are dealing with the backlash from that decision.

The Colorado-based credit union will disburse payments to members all year long.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Attorney General Jeff Sessions’ decision to rescind an Obama-era directive that helped foster the marijuana sector’s growth raises new risks for banks and credit unions that do business with growers and dispensaries.

Scott Page, CEO of CoBiz Bank, will retire in a few days. He will be succeeded by Steven Bangert, the company's chairman and CEO. The company's chief financial officer will also become its chief operating officer.

Eight leagues/associations now are part of class action response to massive hack, with two leagues – representing CUs in Nebraska, Arizona, Colorado and Wyoming – joining on Halloween.

Current CEO Randy Bernstein is retiring after a 20-year career at the credit union.

Grand Mountain Bank raised $7 million to help it exit the crisis-era capital program.

The Boulder, Col.-based credit union will serve the 4,300 members of the American Solar Energy Society.

The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp.

The company will add two branches between Denver and Colorado Springs by buying the deposit-rich Castle Rock Bank.

The company will also gain its first branches in New Mexico after it buys Peoples Inc.

The city is booming thanks to its rising population, revitalized downtown and diverse economy, attracting bank buyers and de novo interest.

The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado.

The Greenwood, Village, Colo.-based credit union was sued by Denver Metro Fair Housing Center over alleged discrimination against women on maternity leave.

Koger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.

Once a relationship built on deceit, U.S. marijuana businesses and banks have begun opening up to one another to smooth the compliance burden of processing payments for the legal cannabis industry.