ARCHIVED  October 15, 2004

Mergers provide deep pockets for addition of branch locations

Northern Colorado is experiencing growth in the number of bank branches while the number of experienced bank employees continues to shrink. This is the natural progression of market expansion staying ahead of population growth while individual banks strive to maintain or gain a thin market share.
Since the beginning of 2004, three banks with local operations have received a shot in the proverbial financing arm and all three are on the prowl for customers and employees.
On July 1, Bank One became part of JPMorgan Chase & Co. The resulting holding company has $1.1 trillion in assets and…

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