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Bankers' Bank of
the West was formed in 1980 to offer correspondent services to community banks,
eliminating the disadvantage of having to rely on a correspondent that is also
a competitor. A leader in adapting to industry change over nearly three
decades, Bankers’ Bank of the West has grown by bringing expertise, innovative
solutions and favorable pricing to a growing client base in the Rocky Mountain
and western states region. |
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Currently,
we serve some 330 customer banks in Arizona, Colorado, Idaho, Iowa, Montana,
Nebraska, New Mexico, Nevada, South Dakota, Utah, and Wyoming. Our
services are available to any community bank. We offer all traditional
correspondent services and regularly develop new products to enhance our
customers’ competitive position. Bankers'
Bank of the West works to expand the technological capabilities of our
customers and make their operations more efficient. Our alliances with
leading-edge companies enable community banks to deliver cost-effective
products and services to their customers, and to compete successfully with
regional and national institutions. We
are owned by more than 150 of our community bank customers; each shareholder
can own no more than 5% of the voting stock. Stock cannot be purchased by
individual shareholders. Although community
banks are encouraged to become shareholders, an independent bank need not own
stock in Bankers’ Bank of the West to take advantage of our services and
products. Bankers'
Bank of the West has experienced consistent growth over the
years, with year-end assets at $553 million for 2007. More financial details
can be found in our 2007
Annual Report. |