Portfolio
Banker-to-banker advice as lending returns
Northern Colorado banks have picked up their lending levels a bit in recent quarters, getting back to business as the economy gains strength and more companies expand or are formed. With the region in comeback mode, it stands to reason that some banks will get aggressive to get back in the lending game.On a national level, there is some...
Let us introduce you ...
Have you met the banking executives who lead Larimer and Weld County-based banks?Harry DevereauxPresident of Home State BankEducation: University of Colorado School of Business, finance, 1974Essential business philosophy: Do good and be happy.Like best about your job: Meeting new people and helping people succeed.Most respected competitor and why: ...
Banks gaining strength post-recession
Income is up, problem loans are down, and thanks to agriculture and oil and gas, community banks in Northern Colorado are looking at even better times ahead.Every one of the nine banks headquartered in Larimer or Weld county saw an increase in income in the fourth quarter of 2012 as compared to the same quarter in the previous year."Other real...
Interest rates will head up, marginally
To understand the influence that low interest rates have had on the Northern Colorado economy, drop by either the Foothills Mall in Fort Collins or the Twin Peaks Mall in Longmont. Both have changed ownership and are planning huge renovations.Northern Colorado real estate is becoming an attractive investment once again. Meanwhile, vehicle sales...
Fires, hail mean a rise in insurance rates
Insurance companies doing business in Colorado have significantly raised homeowner’s insurance premiums in response to a series of expensive disasters last year including the devastating High Park Fire. Colorado hail storms and wildfires led insurers to raise premiums by percentages in the double digits, people in the insurance industry say. ...
