October 5, 2012

Finally, new day dawns for Capital West National Bank

After five years under a consent order from federal regulators, Capital West National Bank is finally in good standing with the country’s financial watchdogs.

When the financial industry took its hit in 2007, Capital West had only been in Fort Collins for two years, and the recession took too large a toll for Capital West to remain as healthy as regulators would have preferred.

Many banks across the country were placed under consent orders during the downturn, and for a variety of reasons. In Capital West’s case, it was not an issue of liquidity, as it often is, but instead was a…

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