It was déjà vu come true for U.S. Bank this week as officials re-opened the lobby of the branch at Pikes Peak and Wahsatch.
The lobby has been closed to walk-in business since the late 1990s, when banking traffic at the location took a dive, said Lana Yeakel, president of U.S. Bank downtown.
Drive-thru lanes at the branch remained open.
Bank officials decided now was the time to dust out the cobwebs, re-open the branch and emphasize minority business and personal lending through the location.
Hyun Carol Eggert, a sales and service coordinator, and Merced Garza Beattie, a business and personal banking officer, will oversee operations.
Eggert brings 18 years of banking experience and also is active in the Korean business community.
Beattie, who is active in the city’s Hispanic Chamber of Commerce, brings four years of banking experience along with years of business leadership and education.
Bettie said a large banking building can be intimidating for some customers wanting to acclimate to American culture, so the modest, two-desk Pikes Peak and Wahsatch branch will hopefully be more welcoming.
Eggert noted that she and Beattie’s involvement in the community will make business more comfortable for minority and foreign banking business.
“It just makes it a lot easier when they know someone,” she said.
The location will be a full-service branch, offering Saturday lobby hours, something the bank’s other downtown branch, a few blocks away at Pikes Peak and Tejon, doesn’t offer.
Yeakel added that lending at the newly re-opened location should increase U.S. Bank’s already good rating with the Community Reinvestment Act, which mandates that banks serve low- to moderate-income areas.
The El Paso County Assessor’s office is offering three free tax forums focusing on the Colorado Personal Property Tax during the month of December.
The forums will cover topics including, responsibilities of the El Paso County Assessor, methods of valuing personal property, business owners’ tax responsibilities, the personal property assessment calendar, which business assets are exempt and which are taxable.
To reserve a spot for one of the three following forum dates, call the assessor’s office on or before Dec. 2 at 520-6539.
A few organizations have teamed up to sponsor a day of free document shredding to aid a local nonprofit food bank.
Bank of Colorado and Cintas Document Management are sponsoring the free day of shredding, dubbed the “Don’t Regret It, Shred It” day.
Prospective shredders can bring their sensitive documents – along with a cash or food donation – from 9 a.m. to noon Nov. 19 to the Bank of Colorado, 4328 Edison Ave.
Food and money donations will go to Care & Share Food Bank.
For more information, call Bank of Colorado at 574-8060.
Rob Larimer covers banking and finance for the Colorado Springs Business Journal.