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Bank Announces Acquisition

Four Corners Community Bank acquires accounts from Cortez

 

January 20, 2017



Four Corners Community Bank has announced that it has entered into an agreement to acquire the deposit accounts of the Cortez banking center of Community Banks of Colorado, a division of NBH Bank. The transaction is scheduled to be completed May 5, 2017 and is subject to approval by federal and state regulatory bodies.

Four Corners Community Bank President and CEO, Sheila Mathews said, “We are thrilled to welcome the Cortez Community Banks of Colorado deposit customers to the FCCB family. We are confident that our wealth of products and friendly, knowledgeable staff will accommodate everyone.”

Four Corners Community Bank is working closely with NBH Bank to ensure a smooth and seamless transition for those deposit customers and accounts being transferred. “Our new customers can be assured they will be a part of a locally owned and operated bank, where decisions are made within and for the communities we all call home,” said FCCB Board Chair, Frank Macaluso.

Former Cortez Community Banks of Colorado deposit customers will have seven FCCB locations available to serve them in the Four Corners, including two in Cortez, 77 West Main Street and 343 East Main Street. FCCB will not acquire Community Banks of Colorado’s Cortez banking center building.

 

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