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Banks need law, not guidance, to deal with MMJ

It would take an Act of Congress” is an old saying, to be sure, but also applicable in the current situation banks are facing to legally provide services to the marijuana industry. Despite bankers’ varied attitudes about legalizing marijuana, now that it is legal in Colorado, banks are supportive of government efforts to permit financial… Continue Reading Banks need law, not guidance, to deal with MMJ

New branch, loans add up to big year for ANB

ANB Bank Regional President Lonnie Parsons knows exactly which direction his bank is heading — up. Parsons took over the Denver-based bank’s Colorado Springs operations last August, a time when ANB, the Pikes Peak Region’s fifth largest bank with about $400 million in assets, was facing lending challenges and had just endured an exodus of… Continue Reading New branch, loans add up to big year for ANB

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ANB renovating its Circle Banking Center

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ANB renovating its Circle Banking Center

ANB Bank is renovating its Circle Banking Center as part of several remodeling projects across the state. The bank is remodeling six branches in Colorado and Wyoming and  expanding into a new Front Range community, Castle Rock. ANB described the $2 million project at its Circle Banking Center as extensive. The branch is at the… Continue Reading ANB renovating its Circle Banking Center

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