November 25, 2005

Bank of Choice chooses to grow beyond backyard

As Greeley-based Bank of Choice Holding Co. readies for its third acquisition in less than one year, it also prepares to step out of the shadow of another of the region’s large bank holding companies with a much different growth strategy.

Since Centennial Bank Holdings Inc. was acquired in 2004 by a group led by dealmaker John Eggemeyer, the company has made numerous acquisitions outside of the Northern Colorado market and registered its stock for public trade.

Eggemeyer’s aggressive moves have largely overshadowed the growth at Bank of Choice Holding. The company, led by Weld County banker Darrell McAllister, closed on two…

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.
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