New bank opens in Westminster

WESTMINSTER – A new bank with national and local ties has opened in Westminster.

Mountain View Bank of Commerce opened Feb. 8 at 12365 Huron St. It is open Monday through Friday from 9 a.m. to 5 p.m.

President and Chief Executive Officer Andy Ellison said the bank focuses on providing personalized banking services, business loans and commercial real estate loans and small- and medium-sized business owners.

The bank raised $8 million in capital through 154 investors.

Lansing, Mich.-based Capitol Bancorp Ltd. (NYSE:CBC) is the bank’s major investor. It also provides background support, such as human resources, legal and accounting services. Capitol also invests…