Community bank model Key to local market

The Key Bank building in downtown Fort Collins is a constant in the Northern Colorado skyline, but Key is changing things up as far as its banking model goes.

Key is putting the finishing touches on a company-wide restructuring that is meant to look more like community banking than “big” banking. The changes at Key really went into effect last year, according to Jim Hitz, Key’s senior vice president and business banking sales leader for Colorado.

“We’ve implemented nationwide more of a community bank structure,” he explained. “We’re into 2007 now and it seems to be working very well.”

The new model means…