Getting your player ready...
A Boston-based holding company’s acquisition Friday of failed Community Banks of Colorado is its second in the state and a strong indicator it likes the markets here.
National Bank Holdings CEO G. Timothy Laney tells The Denver Post that their commitment to Colorado is strong enough — especially after first acquiring Bank of Choice in July — that the company with $6.8 billion in banking assets is now deciding whether to relocate its headquarters to Denver.
Its subsidiary, Bank Midwest, National Association, acquired Bank of Choice in Greeley and it’s $1.07 billion in assets in July.
Laney said there are no plans to change the name of Community Banks of Colorado. It was acquired from the FDIC by Bank Midwest, a subsidiary of NBH.
