Community banks must use personal connection to partner with small businesses

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by: Patrick S., Executive Vice President, Business and Consumer Banking
The rise of financial technology firms has been shaking up the world of banking and lending. Fintech firms last year made up 38%& of the personal loan market, up from 5%& in 2013, and are starting to focus more on small-business lending. And their impact is not just being felt locally. An Accenture report last…

Colorado’s economy is on display, and now it must meet the challenges brought on by success.

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by: Patrick S., President, Community Banks of Colorado and Executive Vice President, Business and Consumer Banking
The presence of two Coloradans in the presidential race helped shine a national spotlight on the mountain state’s enviable economic record. Both former Gov. John Hickenlooper and Sen. Michael Bennet pointed to nation-leading growth, falling unemployment, and an increasingly resilient economy when they went up against fellow Democratic contenders. Hickenlooper…

Let’s Talk About Business Email Compromise

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by: Beka Wilson
Business Email Compromises (BEC) have been on the rise as a key attack vector for a while now. A BEC is when a fraudster is able to gain access to your professional email. This compromise can range from reading your communications to locking you out and using your email to…

The Benefits of Online Statements

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by: Kitty T., Marketing Coordinator
With the constantly increasing delivery of goods ranging from groceries to clothing to tech gadgets, it’s no surprise that doorstep thieves are on the rise. This has become so commonplace that videos have gone viral on social media of residents leaving booby traps like “sparkle bombs” or decoy packages with…

The Four Big Mistakes Owners Make When Selling Their Small Business

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by: Mark A., SBA Division Director
With optimism among small-business owners at its highest level in 35 years, profits buoyed by corporate tax cuts and financing readily available at low interest rates, this is the best time in years to sell a well-run company. Millions of Baby Boomer business owners want to sell to fund their…