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XLedger, recognized as one of the fastest growing technology companies in the country, recently purchased a new building at 1310 United Heights Rd. Colorado State Bank and Trust sold the 23,557-square foot former First Bank of Colorado building to the homegrown tech firm for $2.31 million. That averages to about $98 per square foot.
BOK Financial (Tulsa, Oklahoma) is purchasing First United Bank of Colorado for $43 million. BOK Financial will merge the $173 million bank into its existing Colorado bank, Colorado State Bank and Trust of Denver, which has just over $1 billion in assets.
BOK Financial will more than double its Colorado bank network through its $43 million acquisition of First United Bank NA of Englewood, Colo. With assets of $173.3 million, First United represents about a fifth of the $1 billion average assets under Colorado State Bank and Trust NA, which Tulsa-based BOKF acquired in 2003. BOK Financial itself has $1.6 billion in assets attributable to that market, part of its total $18.1 billion.
The Federal Housing Finance Agency (FHFA) is announcing the Federal Home Loan Bank (Bank) members it has selected for the 2010 fifth round review cycle under the FHFA's community support requirements regulation. This notice also prescribes the deadline by which Bank members selected for review must submit Community Support Statements to FHFA.
... Connecticut. The Simsbury Bank and Trust Company.......... Simsbury....... Connecticut. S... Canon City...... Colorado. Ent Federal Credit Union............... Colorado...
Valley Commerce Bank, part of BOK Financial Corp., has been renamed Bank of Arizona. Tulsa-based BOK purchased Valley Commerce Bank in April. The name change is consistent with other BOK units - Bank of Oklahoma, Bank of Albuquerque, Bank of Arkansas and Bank of Texas. Other BOK operating subsidiaries include Colorado State Bank and Trust, BOSC Inc., Southwest Trust and the TransFund electronic funds network.
Bank of Oklahoma parent BOK Financial completed its $43 million acquisition of First United Bank of Denver, merging it into subsidiary Colorado State Bank and Trust. With United Banks of Colorado shareholder approval, Monday's closure added $156 million in assets, $101 million in loans and $134 million in deposits. More important, it added 11 full-service branches to give Colorado State 15 in the Denver area, one in Colorado Springs and one in Boulder.
Mark Rohlena received an official, wild, green welcome to Colorado Springs at his first St. Patrick's Day Gala on March 12. Catholic Charities' new president/CEO was the official greeter for the record 556 revelers - wearing party togs and glow-light necklaces - at the Antlers Hilton.
..., Colorado Springs Utilities, Colorado State Bank and Trust, Penrose-St. Francis Health Service...
Park State Bank & Trust in Woodland Park and The State Bank in La Junta have launched Bling Nation Community Payments Service - a mobile payments network with local merchants and consumers. Consumers affix a "Bling Tag" - a quarter-sized sticker - to their cell phones, and then tap their phones on a Bling terminal at stores to pay.
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