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Fewer, smaller branches will have to serve skittish small-biz customers By Claude Solnik Dolan Media Newswires Financial industry experts expect to see more bank branches — during the short term. Nationwide, there were 99,456 bank branches as of June, 10,000 more than during 2004, according to the Federal Deposit Insurance Corp. In Colorado Springs, in-store… Continue Reading Bank branch bubble may be about to burst

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Adams explains the FDIC, current banking climate

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Adams Bank & Trust’s breakfast and Colorado Economic Forum was held at Cheyenne Mountain Resort, during a stunning pink and lavender Rocky Mountain sunrise. The keynote speaker was Todd S. Adams, chairman and CEO of Adams Bank & Trust, and board member of the Omaha Branch of the Federal Reserve Bank of Kansas City. As… Continue Reading Adams explains the FDIC, current banking climate

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After repairing and tuning – pianos, that is – his way through graduate school, banking was the “furthest thing” from Jack Kerr’s mind. Perhaps something in the insurance industry. Anything except the steel mills of Indiana. But when his wife’s uncle mentioned a job opening at a bank, it turned into a career. And banking… Continue Reading Kerr battling to keep banking more personal than technical

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No silver bullets or one-size-fits-all

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In the past, long-term financial strategy used to encompass keeping a broad-based portfolio to garner moderate risk and moderate returns, said Kevin P. Sullivan, financial adviser with Sullivan & Associates. But much has changed in the economy, and Sullivan & Associates now uses a modified core satellite strategy. “There are risks out there that cannot… Continue Reading No silver bullets or one-size-fits-all

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Judy Ingels combines her prior experience in fashion as a buyer at The Broadmoor Hotel and 15 years of print and runway modeling in Denver when she helps clients with a mortgage or refinance. Finding the right product for clients is similar to being a personal shopper — they need the right fit and style… Continue Reading Ingels’ focus has always been on helping others

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AAFCU phishermen return to the well

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A couple of weeks ago fraudulent e-mails and text messages were sent out asking for Air Academy Federal Credit Union member’s account information – nothing new, your basic e-mail phishing scam. But, this week, the scam evolved. Would be thieves doubled their efforts and sent out a second e-mail, saying there had been fraudulent e-mails sent… Continue Reading AAFCU phishermen return to the well

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