Colorado small businesses are less likely to change health insurers for the upcoming year, even as they anticipate continued price increases, according to the second-annual Delta Dental of Colorado Small Business Survey.
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Bank of America made the announcement Monday after signing leases for a flagship location at Fillmore Place in the Cherry Creek neighborhood of Denver it plans to open by the end of the this year, and a full-service branch bank near the intersection of 28th and Pearl streets in Boulder. A property for a third banking center in Highlands Ranch is under contract for purchase.
Bank of America will construct a new building in Boulder near the intersection of Pearl and 28th streets, said Jodi Rolland, market president for Colorado and Denver. She said details on address and square footage will become available later as the permitting process begins. Hiring is currently underway but exact staff counts are still to be determined.
The branches in Boulder and Highlands Ranch will be full-service traditional banking centers, with tellers, small-business bankers and mortgage officers available for customers. They also will offer Merrill Edge Financial Solutions Advisors.
“Our retail expansion in Denver and Boulder is an important demonstration of our long-standing commitment to Colorado and will provide easier access to all that Bank of America has to offer for our existing Merrill Lynch, commercial and business banking customers,” Rolland said. Merrill Lynch has a branch office in Boulder at 921 Walnut St.