United Western buys Loveland’s Front Range Bank facility

LOVELAND — United Western Bank, the community banking subsidiary of United Western Bancorp Inc. (Nasdaq: UWBK), has purchased the former location of Front Range Bank at 3800 E. 15th St. in east Loveland.

United Western Bank purchased the location for an undisclosed price. The Loveland facility, built in 2004, held $17.2 million of the Lakewood-based Front Range Bank’s $97.2 million in deposits, according to data from the Federal Deposit Insurance Corp. Front Range still has banking offices in Lakewood and Littleton. The assets of the Loveland location were not a part of the deal; United Western only purchased the building.

Tim Ostic,…