ARCHIVED  April 1, 1996

Small, large banks vie for business loan share

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Bank consolidations and mergers in the last five years have brought many new large banking corporations to the northern Front Range and forced banks to compete vigorously for customers.

Industry consolidations have also caused the entire picture of banking to change, and there is some concern in the industry that the credit flow to small businesses may be squeezed too tightly.

Free checking accounts and competitive rates on certificates of deposit or money-market accounts are a few of the ways banks vie for individual accounts, but with businesses, banks have to compete with service and technology.

“One of the things you do…

Christopher Wood
Christopher Wood is editor and publisher of BizWest, a regional business journal covering Boulder, Broomfield, Larimer and Weld counties. Wood co-founded the Northern Colorado Business Report in 1995 and served as publisher of the Boulder County Business Report until the two publications were merged to form BizWest in 2014. From 1990 to 1995, Wood served as reporter and managing editor of the Denver Business Journal. He is a Marine Corps veteran and a graduate of the University of Colorado Boulder. He has won numerous awards from the Colorado Press Association, Society of Professional Journalists and the Alliance of Area Business Publishers.
Categories: ARCHIVED Industry News
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