Home » Archives by category » Banking & Finance (Page 2)

ANB Bank breaks ground downtown

Comments Off
ANB Bank breaks ground downtown

ANB Bank began construction on a new downtown banking center Monday afternoon. Representatives from ANB Bank, Bryan Construction and the community attended a ground breaking ceremony. The new $5 million banking center will be a three-story, 18,000 square foot building, located on the southwest corner of Cascade Avenue and Cimarron Street. ANB Bank will occupy… Continue Reading ANB Bank breaks ground downtown

Continue reading …

Strategy: Create, plan, protect assets

Comments Off
Strategy: Create, plan, protect assets

Standard & Poor’s 500 Index rises and falls akin to ocean waves, even occasionally crashing as breakers. The Nasdaq composite index and Dow Jones industrial average do much the same, although stock markets have been remarkably resilient lately, despite political turmoil. One characteristic stays certain — investing in one’s future remains necessary, regardless of market… Continue Reading Strategy: Create, plan, protect assets

Continue reading …

Crowley still focuses on need to diversify

Comments Off

Northstar Bank Colorado hosted an economic forecast luncheon recently at Cheyenne Mountain Resort. Northstar President Mark White greeted the group, explaining that the recent merger of The Bank at Broadmoor and Colorado Community Bank makes Northstar the 11th-largest, Colorado-chartered bank with 20 locations on the Front Range and eastern Colorado. “[The merger] allows us to… Continue Reading Crowley still focuses on need to diversify

Continue reading …

Forum evaluates stocks in favorable tone

Comments Off

Jovial best describes the mood of the audience and Tom Naughton, Southern Colorado regional president, at a recent U.S. Bank Economic Forum breakfast at the Antlers Hilton. Norman Alvis, senior portfolio manager for the bank, zipped through an investment outlook that kept people on the edge of their seats. Some highlights: Markets move in phases.… Continue Reading Forum evaluates stocks in favorable tone

Continue reading …

Employers: Pay the piper, now or later

Comments Off

Another order needs to be shipped stat, a client drops by, Internet service just went down, and an IRS notice arrives — your employee tax withholdings were miscalculated. Now you owe a hefty fine. Unfortunately, this scenario is all too common. Back in the day, someone would become inspired, start a company doing what he… Continue Reading Employers: Pay the piper, now or later

Continue reading …

Local economy gears up to climb

Comments Off

Once wrecked, then patched up for several years, the economy locally continues to improve, rolling along at a modest pace. Not that the region — or the nation, for that matter — ought to expect robust growth any time soon, if ever. “The new normal” of economic growth, as Jim Paulsen, chief investment strategist at… Continue Reading Local economy gears up to climb

Continue reading …

Repair regulations set to affect small biz

Comments Off

Burying your head in the sand won’t make the new federal repair regulations go away. In fact, avoidance will only make things worse. With that in mind, here’s the lowdown on what your business needs to know about — to remain in the good graces of the Internal Revenue Service. Effective Jan. 1, these tangible… Continue Reading Repair regulations set to affect small biz

Continue reading …

IRS offering break for Colorado flood victims

Comments Off
IRS offering break for Colorado flood victims

The Internal Revenue Service will provide tax relief to individual and business taxpayers affected by, flooding, landslides and mudslides in Colorado. The IRS announced this week that some taxpayers in the counties of Adams, Boulder, El Paso, Larimer and Weld will receive tax relief, and other locations may be added in coming days following additional… Continue Reading IRS offering break for Colorado flood victims

Continue reading …

Venture capital attracts minds to share ideas

Comments Off

Entrepreneurs wanting venture capital should have an articulate “elevator pitch” primed for any moment of opportunity, several investors said at a venture capital event last week at The Broadmoor. Venture capital provides seed money for budding businesses. The event brought investors from California to Texas together with Colorado Springs start-up companies and business leaders here.… Continue Reading Venture capital attracts minds to share ideas

Continue reading …

Credit card delinquencies drop nationwide

Comments Off
Credit card delinquencies drop nationwide

The national credit card delinquency rate (the ratio of borrowers 90 or more days past due) decreased to 0.57 percent in the second quarter of 2013 from 0.63 percent in the second quarter of 2012, according to TransUnion, an international credit information firm. In Colorado Springs, the 90-day credit card delinquency rate fell from 0.57… Continue Reading Credit card delinquencies drop nationwide

Continue reading …