Collegiate Peaks Bank provides a model for business and economic growth in rural areas.
Colorado’s Collegiate Peaks Bank, a division of Glacier Bancorp, has announced that it is the title sponsor of Chaffee County Economic Development Corporation for the second consecutive year. In partnership with Collegiate Peaks Bank, CCEDC It promotes job creation and economic development in rural communities and already has a strong presence in Chaffee County.
“Collegiate Peaks Bank strives to find innovative ways to help businesses and communities achieve growth, profitability and sustainability, and our partnership with CCEDC will have a lasting positive impact. It’s just another example of many ways,” said Joe Smith, Collegiate’s Mountain Regional President. Peaks Bank. “It is important for rural communities like Chaffee County to continue to find ways to achieve a dynamic and sustainable economy year-round. and find the investors needed to help them thrive.”
CCEDC’s focus includes:
- Remote work as a new “growth industry” in rural America.
- Entrepreneurship as a diversification strategy for rural economies away from dependence on tourism.
- A once-in-a-generation opportunity for ‘Brain Gain’ in rural communities, made possible by the Covid pandemic.
- “Driven By Nature” – Leveraging the feel of a mountain town to create economic opportunities.
- A sustainable mountain economy – the intersection of housing, labor and career opportunities (increased AMI = affordability)
- Influential Entrepreneurship – Leverage private enterprise growth to address community challenges such as sustainability, job creation.
- Leverage local investors to support local economic growth and career advancement.
- A desire to create a model to guide and inspire other rural communities.
In addition to our partnership with CCEDC, Collegiate Peaks Bank offers a suite of services to help businesses succeed even during the toughest economic times. These services include:
- Accounts Payable and Accounts Receivable Management
- liquidity management
- information management
- crisis management
- business loan
In recent months, Collegiate Peaks Bank’s parent company, Glacier Bank, has been ranked #8 on Forbes’ 2022 America’s Best Banks list. Creditworthiness and Profitability (Rankings and methodology information available at www.forbes.com).
Collegiate Peaks Bank is committed to supporting the communities we serve, making it an important part of our corporate culture. Bank employees donate their time and energy to causes that help build a strong community spirit and contribute to the success of the businesses, organizations and individuals around them.
The bank was founded in Buena Vista, Colorado in the mid-1980s by a group of local community members. The bank was acquired by Glacier Bancorp, Inc. on February 1, 2018. The bank is now a division of Glacier Bank, a regional bank holding. Glacier Bank provides commercial banking services in 143 communities through 224 banking offices.
Collegiate Peaks Bank continues to build strong relationships within the communities where we live and work by emphasizing personalized service combined with all the resources of larger banking organizations.
About Collegiate Peaks Bank, a Division of Glacier Bancorp
Glacier Bancorp, Inc., headquartered in Kalispell, Montana, includes Altabank (American Fork, Utah), Bank of the San Juans (Durango, Colorado), Citizens Community Bank (Pocatello, ID) and Collegiate Peaks Bank (Buena Vista). has business divisions. , Colorado), 1st Bank of Montana (Lewistown, MT), 1st Bank of Wyoming (Powell, WY), 1st Community Bank Utah (Layton, UT), 1st Security Bank (Bozeman, MT), 1st Security Bank of Missoula (Missoula, MT), First State Bank (Wheatland, WY), Glacier Bank (Kalispell, MT), Heritage Bank of Nevada (Reno, NV), Mountain West Bank (Coeur d’Alene, ID) , North Cascades Bank (Chelan, WA) ), Foothills Bank (Yuma, Arizona), Valley Bank of Helena (Helena, MT), and Western Security Bank (Billings, MT). Our bank serves individuals, small businesses, community organizations and public bodies. We pursue a community banking philosophy, emphasizing personalized service combined with all the resources of larger banking organizations.
