Banking & Finance  March 9, 2017

Glenwood Springs-based Alpine Bank entering Boulder market

BOULDER — Glenwood Springs-based Alpine Bank is planning to build a branch bank at 2375 Canyon Blvd. in Boulder.

This will be the employee-owned community bank’s 39th location in Colorado, where it’s been operating since 1973.

Most of its branches are on the Western Slope and Southwest Colorado. It opened its first Front Range branches in Denver’s Union Station and Cherry Creek North neighborhoods. The bank offers retail, business, wealth-management, mortgage and electronic banking services.

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Alpine Bank has signed a long-term ground lease for the one-half acre of land at the northwest corner of Folsom Street and Canyon Boulevard, where it will build the branch. The site is owned by Boulder-based Tebo Properties. A shuttered Kum & Go convenience store and gas station is on the property and will be demolished by the bank, said Stephen Tebo, owner of Tebo Properties.

“The designs are very nice. It will look great,” Tebo said.

Plans submitted to the city of Boulder’s planning department are for a 5,400-square-foot, two-story bank, vehicle and bicycle parking, and landscaping. There will not be a drive-thru lane, and the bank is pursuing LEED certification.

David Williams, a principal at Boulder-based DTJ Design Inc., is representing the bank in the planning process.

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