The company will shut down all its operations, including its 60,000-square-foot office in Centennial, by the end of the year.
Debt collection firm files bankruptcy; owes $460M
Banking
Welcome to Business Den, your ultimate destination for all the latest news and insights on Denver banking. Our coverage is designed to provide you with up-to-date coverage of the banking industry, highlighting the most important developments, trends, and challenges that shape the landscape of Denver’s financial sector.
Subscribe to Business Den today and stay ahead of the curve.
FirstBank to relocate branch
Citing nearby locations and decreased traffic due to online banking, the financial institutions plan to shuffle their local footprint.
Bankrupt accountant accused of paying off customers following scheme
In the months before Don Richard Iley’s accounting firm unraveled in bankruptcy, the Parker resident now charged with stealing millions of dollars allegedly paid off payroll clients and a colleague hip to his scheme.
Centennial chairman: Cost-cutting drove Citywide merger
The deal brings family-owned Citywide under the umbrella of bank holding company Heartland Financial USA, a publicly traded firm with operations in 12 states.
Bank plans RiNo’s first standalone branch
Their new bank branch will sit next to the Natural Grocers under construction at the corner of 38th Street and Brighton.
FirstBank plans new Highlands branch
FirstBank has staked out a prime Highlands corner for its next branch, in a former fast-food joint on Federal Boulevard.
Regional accounting companies combine; consolidate office in the Springs
Regional accounting firms, both with a presence in Colorado, are combining.
First Western Financial looks to raise $37M
The parent company of Colorado’s eleventh-largest bank is looking to raise $37 million, after high revenue growth in the past year.
Bankrupt travel club owes $120M in deposits it can't pay back
The Broomfield-based firm plans to erase more than $120 million in debt and tweak its business model from a real estate owner to an upscale rental agency; and wants to convert customers into shareholders.
FirstBank's 20K video contest: The Sequel
Contestants have until Oct. 21 to submit a 90-second video for a shot at $20,000.
