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.