INDUSTRY INSIGHTS YOUR PEERS ARE READING
Based out of Riverside, California, the website (and soon-to-be mobile platform) has been working with leagues all over the state, as well as in Colorado, New York, New Jersey, Massachusetts, Illinois, Wisconsin and Texas. uber of x California Colorado Illinois Massachusetts new jersey New York referee referees rent-a-ref Texas Uber of X What's Hot WisconsinPerhaps the most overlooked person in any sport is the most important one: the referee. MORE
The company will close a dozen branches, including eight in Colorado. Community banks Strategic buyers Growth strategies Colorado MORE
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public. Community banking IPOs M&A Growth strategies Colorado Washington MORE
Colorado and Arizona recently joined the growing number of states that allow state charted credit unions the controversial option of compensating board members. The post Colorado, Arizona OK board compensation appeared first on CUInsight. MORE
In a January 4 posting , Colorado’s outgoing Attorney General, Cynthia Coffman, issued an administrator’s opinion as to whether Section 5-2-214 of the Uniform Consumer Credit Code prohibits supervised lenders from utilizing post-dated checks, debit authorizations, and other forms of up-front payment authorization, as security for payment of “alternate charge” consumer installment loans. MORE
Receiving Wide Coverage. Ally''s Shakeup: The New York Times and the Wall Street Journal both take a closer look at the leadership shakeup at Ally Financial. Unnamed sources tell the Times that former Ally Financial CEO Michael Carpenter was politely shown the door because the Ally board was frustrated the company had "stagnated" during his tenure and Carpenter appeared to "lack the vision" needed to dig the bank out of its rut. Furthermore, Carpenter wasn''t. national-regional MORE
By an overwhelming vote (approximately 1,4270,000 million to 433,000), Colorado voters passed Proposition 111, a ballot initiative that places a 36 percent APR cap on payday loans. The question presented to voters was: Shall there be an amendment to the Colorado Revised Statutes concerning limitations on payday lenders, and, in connection therewith, reducing allowable charges on payday loans to an annual percentage rate of no more than thirty-six percent? MORE
Amid a dizzying night of political drama, a bright spot appeared for the fintech and cryptocurrency communities -- the election of Jared Polis (D) to Governor of Colorado. MORE
Elevations Credit Union (Boulder, CO) and Meritrust Credit Union (Wichita, KS) have purchased corporate office buildings. Office-supply chain Staples has sold its four-story corporate office building in Broomfield for $16.5 million to Elevations Credit Union. According to public records, Staples Contract and Commercial Inc., sold its 149,038-square-foot building and 17.6 acres at 1 Environmental Way in the Interlocken business park to One Environmental Way LLC, an entity created by Elevations. MORE
Among these schools is the University of Colorado Denver , a public institution that hosts international students from 73 countries. Many U.S. colleges and universities are eager to roll out the red carpet to recruit international students – and why not? MORE
(The Paypers) The Colorado Division of Securities has filed cessation orders against four Initial Coin Offerings (ICOs) allegedly involved in fraudulent practices MORE
Capital Community banking TARP ColoradoGrand Mountain Bank raised $7 million to help it exit the crisis-era capital program. MORE
The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado. Community banking M&A Capital Montana Colorado MORE
CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses. Commercial lending Commercial banking M&A Branch banking Fee income Earnings Greg Carmichael Fifth Third MORE
She was invited to meet with Colorado Representatives Polis and Perlmutter, who''ve been trying to find a way around the inconvenient fact that what might be legal in Colorado in the way of raising, refining, and selling marijuana for recreational use is still a violation of Colorado criminal laws, as is the handling of funds derived from such illegal activities by banks. MORE
Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny. Marketplace lending Court cases Enforcement Law and regulation State regulators Avant WebBank MORE
Ag lending Agriculture industry Law and regulation Kentucky Colorado Vermont Oregon North CarolinaBanks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change. MORE
The CFPB has a historic opportunity to fix the small-dollar loan market by emulating Colorado''s reforms. That would mean requiring all payday lenders to offer affordable installment payments and cracking down on deceptive practices like loan flipping. law-regulation MORE
Colorado Springs, also known as “The Springs” or “COS,” is Colorado’s second-largest city. Pikes Peak, one of Colorado’s tallest, towers 8,000 feet above the city. It’s clearly visible for miles around… 31 Best Things to Do in Colorado Springs – Activities & Attractions is a post from Money Crashers. MORE
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. Last year, regulated marijuana sales in Colorado were nearly $1.55 To date, marijuana tax, license and fee revenue totals for Colorado are over $927 million. Retail California Cannabis Colorado Marijuana News revenue sales taxes What's Hot MORE
As discussed in an earlier post , on November 6, 2018, Colorado’s voters passed Proposition 111 , seeking to limit interest rates and fees charged on payday loans in Colorado to an annualized percentage rate of thirty-six percent. Effective February 1, 2019, the proposition amends Colorado’s Deferred Deposit Loan Act (C.R.S. Lenders who originate payday loans should be mindful of the application of Colorado’s new rate cap. MORE
The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts. Payday lending Small-dollar lending Consumer lending State regulators John Kasich State of Ohio 677522 State of Colorado Pew Charitable Trusts MORE
Amazon.com is gearing up to open an Amazon 4-star store in Colorado later Thursday (November 1). According to a report in CNET citing Amazon, the second 4-star store will be located in Park Meadows mall in Lone Tree, Colorado, just outside of Denver. MORE
Triumph Bancorp in Dallas has agreed to buy ColoEast Bankshares in Lamar, Colo. community-banking tx breaking_news dealmaking-strategy MORE
Steamboat Springs, Colorado, is a beautiful vacation town in the mountains northwest of Denver. But Steamboat is a year-round destination, thanks in part to the thousands of acres of untouched wilderness within a short drive… 14 Best Lodging Options in Steamboat Springs, Colorado – Hotels, Resorts & Campgrounds is a post from the Money Crashers personal finance blog. MORE
Guaranty Bancorp in Denver has agreed to buy Home State Bancorp in Loveland, Colo., for $133.7 million in cash and stock. The deal is expected to close in the summer. breaking_news community-banking co dealmaking-strategy MORE
Partner Colorado Credit Union today announced the creation of Safe Harbor Services, LLC, which will sell and distribute the credit union’s Safe Harbor cannabis banking program. The post Partner Colorado Credit Union launches cannabis banking CUSO appeared first on CUInsight. MORE
The Gazette is reporting that the Colorado Division of Financial Services approved the addition of six counties to the field of membership of Ent Credit Union (Colorado Springs, CO). The credit union's service area encompasses 14 Colorado counties with more than 4.5 The approval adds Adams, Weld, Boulder, Broomfield, Elbert and Larimer counties to the credit union's service area. The addition of the six counties increases Ent’s potential membership base by 1.57 MORE
The company will add two branches between Denver and Colorado Spring by buying the deposit-rich Castle Rock Bank. Community banking M&A Capital Colorado MORE
Our healthcare team has been working with the University of Colorado over the past couple of years to overcome critical data challenges in healthcare… and the results are exciting. MORE
Offers & Promotions Colorado Federal Savings Bank Bank Information Page | Receive Alerts for this Bank. Colorado Federal Savings Bank Boosts Premier Savings To 1.65% APY POSTED ON WEDNESDAY, DECEMBER 6, 2017 BY Ken Tumin Deal Summary: Premier Savings, 1.65% APY, $50k minimum deposit, new customers only. In the past three weeks, Colorado Federal Savings Bank’s (CFSB) new Premier Savings account has experienced two rate increases, which added a total of 75 bps to its APY. MORE
The passage of Proposition 111, which also prohibits lenders from adding origination and monthly maintenance fees, makes Colorado the fifth state to impose caps on payday loans through a voter referendum. Payday lending Consumer lending Law and regulation Colorado MORE
Tip #1: It’s not all about your bank—even when it’s about your bank Retail Banking Blogs Social Media Channels. 1Social Media MORE
The state has expanded the scope of ongoing legal actions against Avant and Marlette to include several securitization trusts and trustees. Midland Funding v Madden Marketplace lending MORE
Amid a dizzying night of political drama, a bright spot appeared for the fintech and cryptocurrency communities -- the election of Jared Polis to Governor of Colorado. MORE
Colorado Governor John Hickenlooper signed SB 125: Credit Union Governance into law. The new law will give state chartered credit unions in Colorado the ability to compensate board members. SB 125 will also allow an audit committee to replace a supervisory committee. The new law goes into effect August 10, 2016. Compensation Directors Legal Legislation state chartered credit unions MORE
43 Having declared the CFPB eviscerated by President Trump, Colorado’s newly elected Democratic Attorney General, Phil Weiser, is expected to take an active approach to consumer protection. State CFS Monitor colorado weiserIn this week’s podcast, Ballard Spahr Partner Matt Morr, based in the firm’s Denver office, discusses Mr. Weiser’s background, key appointees, and likely areas of focus. To listen to the podcast, click here. MORE
Community banking M&A Growth strategies Capital Oklahoma ColoradoThe deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets. MORE
The Fourth Corner Credit Union asked a Colorado federal judge last month to force the Federal Reserve Bank of Kansas City to issue a master account that would enable the Denver-based state chartered credit union to serve social groups that support legalizing marijuana. MORE
Colorado Related Topics PYMNTS
FEBRUARY 13, 2019
The Colorado Department of Revenue has revealed that the state’s regulated marijuana industry sales have topped $6 billion since sales began in 2014. Last year, regulated marijuana sales in Colorado were nearly $1.55 To date, marijuana tax, license and fee revenue totals for Colorado are over $927 million. Retail California Cannabis Colorado Marijuana News revenue sales taxes What's Hot
PYMNTS
NOVEMBER 1, 2018
Amazon.com is gearing up to open an Amazon 4-star store in Colorado later Thursday (November 1). According to a report in CNET citing Amazon, the second 4-star store will be located in Park Meadows mall in Lone Tree, Colorado, just outside of Denver.
Bank Innovation
NOVEMBER 7, 2018
Amid a dizzying night of political drama, a bright spot appeared for the fintech and cryptocurrency communities -- the election of Jared Polis to Governor of Colorado.
The Paypers
NOVEMBER 23, 2018
(The Paypers) The Colorado Division of Securities has filed cessation orders against four Initial Coin Offerings (ICOs) allegedly involved in fraudulent practices
Bank Innovation
NOVEMBER 7, 2018
Amid a dizzying night of political drama, a bright spot appeared for the fintech and cryptocurrency communities -- the election of Jared Polis (D) to Governor of Colorado.
CFPB Monitor
NOVEMBER 8, 2018
By an overwhelming vote (approximately 1,4270,000 million to 433,000), Colorado voters passed Proposition 111, a ballot initiative that places a 36 percent APR cap on payday loans. The question presented to voters was: Shall there be an amendment to the Colorado Revised Statutes concerning limitations on payday lenders, and, in connection therewith, reducing allowable charges on payday loans to an annual percentage rate of no more than thirty-six percent?
CFPB Monitor
FEBRUARY 4, 2019
As discussed in an earlier post , on November 6, 2018, Colorado’s voters passed Proposition 111 , seeking to limit interest rates and fees charged on payday loans in Colorado to an annualized percentage rate of thirty-six percent. Effective February 1, 2019, the proposition amends Colorado’s Deferred Deposit Loan Act (C.R.S. Lenders who originate payday loans should be mindful of the application of Colorado’s new rate cap.
BankThink
OCTOBER 3, 2018
Community banking Integrations Branding Branch banking Oklahoma Colorado ArizonaThe regional bank is putting its corporate stamp on branches in the two states.
CFPB Monitor
JANUARY 17, 2019
Having declared the CFPB eviscerated by President Trump, Colorado’s newly elected Democratic Attorney General, Phil Weiser, is expected to take an active approach to consumer protection. State CFS Monitor colorado weiserIn this week’s podcast, Ballard Spahr Partner Matt Morr, based in the firm’s Denver office, discusses Mr. Weiser’s background, key appointees, and likely areas of focus. To listen to the podcast, click here.
Keith Leggett's Credit Union Watch
OCTOBER 16, 2018
The Gazette is reporting that the Colorado Division of Financial Services approved the addition of six counties to the field of membership of Ent Credit Union (Colorado Springs, CO). The credit union's service area encompasses 14 Colorado counties with more than 4.5 The approval adds Adams, Weld, Boulder, Broomfield, Elbert and Larimer counties to the credit union's service area. The addition of the six counties increases Ent’s potential membership base by 1.57
The Paypers
JUNE 27, 2018
(The Paypers) University of Colorado has announced the development of a strategic supplier partner programme employing Jaggaer solutions
BankThink
JULY 20, 2017
The company will add two branches between Denver and Colorado Spring by buying the deposit-rich Castle Rock Bank. Community banking M&A Capital Colorado
ABA Community Banking
MARCH 20, 2015
Tip #1: It’s not all about your bank—even when it’s about your bank Retail Banking Blogs Social Media Channels. 1Social Media
BankThink
SEPTEMBER 25, 2017
Capital Community banking TARP ColoradoGrand Mountain Bank raised $7 million to help it exit the crisis-era capital program.
BankThink
JUNE 7, 2017
The Montana company has agreed to buy Columbine Capital in a deal that will add five branches and $330 million in loans in Colorado. Community banking M&A Capital Montana Colorado
CFPB Monitor
JANUARY 10, 2019
In a January 4 posting , Colorado’s outgoing Attorney General, Cynthia Coffman, issued an administrator’s opinion as to whether Section 5-2-214 of the Uniform Consumer Credit Code prohibits supervised lenders from utilizing post-dated checks, debit authorizations, and other forms of up-front payment authorization, as security for payment of “alternate charge” consumer installment loans.
BankThink
MARCH 9, 2017
Succession planning Growth strategies Commercial banking ColoradoKoger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.
Money Crashers
MAY 16, 2018
Colorado Springs, also known as “The Springs” or “COS,” is Colorado’s second-largest city. Pikes Peak, one of Colorado’s tallest, towers 8,000 feet above the city. It’s clearly visible for miles around… 31 Best Things to Do in Colorado Springs – Activities & Attractions is a post from Money Crashers.
BankThink
JANUARY 22, 2019
CEO Greg Carmichael says the Cincinnati bank will hire bankers in Denver, Dallas and Houston as part of a broader expansion into fast-growing markets that are home to lots of midsize firms. It is also interested in buying more fee-based businesses. Commercial lending Commercial banking M&A Branch banking Fee income Earnings Greg Carmichael Fifth Third
BankThink
FEBRUARY 21, 2019
The company will close a dozen branches, including eight in Colorado. Community banks Strategic buyers Growth strategies Colorado
BankThink
DECEMBER 31, 2018
The state has expanded the scope of ongoing legal actions against Avant and Marlette to include several securitization trusts and trustees. Midland Funding v Madden Marketplace lending
CU Insight
MAY 10, 2016
Colorado and Arizona recently joined the growing number of states that allow state charted credit unions the controversial option of compensating board members. The post Colorado, Arizona OK board compensation appeared first on CUInsight.
BankersHub
APRIL 12, 2015
She was invited to meet with Colorado Representatives Polis and Perlmutter, who''ve been trying to find a way around the inconvenient fact that what might be legal in Colorado in the way of raising, refining, and selling marijuana for recreational use is still a violation of Colorado criminal laws, as is the handling of funds derived from such illegal activities by banks.
Keith Leggett's Credit Union Watch
APRIL 19, 2016
Colorado Governor John Hickenlooper signed SB 125: Credit Union Governance into law. The new law will give state chartered credit unions in Colorado the ability to compensate board members. SB 125 will also allow an audit committee to replace a supervisory committee. The new law goes into effect August 10, 2016. Compensation Directors Legal Legislation state chartered credit unions
Deposit Accounts
DECEMBER 6, 2017
Offers & Promotions Colorado Federal Savings Bank Bank Information Page | Receive Alerts for this Bank. Colorado Federal Savings Bank Boosts Premier Savings To 1.65% APY POSTED ON WEDNESDAY, DECEMBER 6, 2017 BY Ken Tumin Deal Summary: Premier Savings, 1.65% APY, $50k minimum deposit, new customers only. In the past three weeks, Colorado Federal Savings Bank’s (CFSB) new Premier Savings account has experienced two rate increases, which added a total of 75 bps to its APY.
Keith Leggett's Credit Union Watch
MAY 20, 2017
Elevations Credit Union (Boulder, CO) and Meritrust Credit Union (Wichita, KS) have purchased corporate office buildings. Office-supply chain Staples has sold its four-story corporate office building in Broomfield for $16.5 million to Elevations Credit Union. According to public records, Staples Contract and Commercial Inc., sold its 149,038-square-foot building and 17.6 acres at 1 Environmental Way in the Interlocken business park to One Environmental Way LLC, an entity created by Elevations.
BankThink
FEBRUARY 4, 2015
The CFPB has a historic opportunity to fix the small-dollar loan market by emulating Colorado''s reforms. That would mean requiring all payday lenders to offer affordable installment payments and cracking down on deceptive practices like loan flipping. law-regulation
BankThink
APRIL 5, 2017
Digital lenders have been partnering with banks to get around state-by-state usury caps, but that approach is facing tougher scrutiny. Marketplace lending Court cases Enforcement Law and regulation State regulators Avant WebBank
BankThink
DECEMBER 10, 2014
Colorado''s interest rate cap on payday lending has successfully brought down costs for borrowers, but the state continues to experience unacceptably high default rates. consumer-finance
PYMNTS
MAY 10, 2018
Among these schools is the University of Colorado Denver , a public institution that hosts international students from 73 countries. Many U.S. colleges and universities are eager to roll out the red carpet to recruit international students – and why not?
BankThink
FEBRUARY 14, 2017
Heartland will gain 12 branches around Denver and Boulder after it buys the $1.4 billion-asset Citywide. M&A Integrations Growth strategies
American Banker
MARCH 16, 2016
Guaranty Bancorp in Denver has agreed to buy Home State Bancorp in Loveland, Colo., for $133.7 million in cash and stock. The deal is expected to close in the summer. breaking_news community-banking co dealmaking-strategy
CU Insight
JULY 19, 2017
Partner Colorado Credit Union today announced the creation of Safe Harbor Services, LLC, which will sell and distribute the credit union’s Safe Harbor cannabis banking program. The post Partner Colorado Credit Union launches cannabis banking CUSO appeared first on CUInsight.
American Banker
MARCH 7, 2016
Triumph Bancorp in Dallas has agreed to buy ColoEast Bankshares in Lamar, Colo. community-banking tx breaking_news dealmaking-strategy
Money Crashers
APRIL 1, 2016
Steamboat Springs, Colorado, is a beautiful vacation town in the mountains northwest of Denver. But Steamboat is a year-round destination, thanks in part to the thousands of acres of untouched wilderness within a short drive… 14 Best Lodging Options in Steamboat Springs, Colorado – Hotels, Resorts & Campgrounds is a post from the Money Crashers personal finance blog.
Perficient Financial Servies
JUNE 18, 2018
Our healthcare team has been working with the University of Colorado over the past couple of years to overcome critical data challenges in healthcare… and the results are exciting.
PYMNTS
NOVEMBER 23, 2016
Based out of Riverside, California, the website (and soon-to-be mobile platform) has been working with leagues all over the state, as well as in Colorado, New York, New Jersey, Massachusetts, Illinois, Wisconsin and Texas. uber of x California Colorado Illinois Massachusetts new jersey New York referee referees rent-a-ref Texas Uber of X What's Hot WisconsinPerhaps the most overlooked person in any sport is the most important one: the referee.
CU Insight
OCTOBER 16, 2017
The Fourth Corner Credit Union asked a Colorado federal judge last month to force the Federal Reserve Bank of Kansas City to issue a master account that would enable the Denver-based state chartered credit union to serve social groups that support legalizing marijuana.
BankThink
JUNE 20, 2018
First Western in Colorado and Coastal Financial in Washington are the latest banks to disclose plans to go public. Community banking IPOs M&A Growth strategies Colorado Washington
BankThink
JUNE 18, 2018
Community banking M&A Growth strategies Capital Oklahoma ColoradoThe deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.
BankThink
FEBRUARY 6, 2015
Receiving Wide Coverage. Ally''s Shakeup: The New York Times and the Wall Street Journal both take a closer look at the leadership shakeup at Ally Financial. Unnamed sources tell the Times that former Ally Financial CEO Michael Carpenter was politely shown the door because the Ally board was frustrated the company had "stagnated" during his tenure and Carpenter appeared to "lack the vision" needed to dig the bank out of its rut. Furthermore, Carpenter wasn''t. national-regional
BankThink
DECEMBER 19, 2018
Ag lending Agriculture industry Law and regulation Kentucky Colorado Vermont Oregon North CarolinaBanks were reluctant to offer services to an industry that had a hazy legal status. That’s about to change.
BankThink
JULY 31, 2018
The state follows Colorado’s lead in adopting reforms pushed by the Pew Charitable Trusts. Payday lending Small-dollar lending Consumer lending State regulators John Kasich State of Ohio 677522 State of Colorado Pew Charitable Trusts
Let's personalize your content