March 22, 2013

Let us introduce you …

Have you met the banking executives who lead Larimer and Weld County-based banks?

Harry Devereaux
President of Home State Bank
Education: University of Colorado School of Business, finance, 1974
Essential business philosophy: Do good and be happy.
Like best about your job: Meeting new people and helping people succeed.
Most respected competitor and why: Other community banks, because nobody has a clue the regulatory burdens stacked against us.
First choice for a new career: Inventory guy at hardware or sporting goods store.

Fred J. Bauer
President of Farmers Bank
Education: Aims Community College, 1977; University of Colorado Graduate School of Banking, 1981
Essential business philosophy: My basic business philosophy is the same as my personal philosophy: “Treat people as you would like to be treated.” Simple, but covers most everything.
Like best about your job: When all people in my sphere of influence are successful, including family, friends, employees and customers.
Yardstick of success: Succeeding in the above statement measures my success.
Most respected competitor and why: Community bankers in general, because I know the difficulties of trying to compete with the “too big to fail” banks and the onerous government regulations.
First choice for a new career: Professional grandpa; doing the things with family that we enjoy more.

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Byron W. Bateman
Chairman of the board, president and CEO of Cache Bank and Trust
Education: Texas Tech University, BBA in finance, 1976; Southwestern Graduate School of Banking, Southern Methodist University, 1980
Essential business philosophy: Do the right thing every time.
Like best about your job: Know a little bit about everything and a lot about nothing.
Yardstick of success: $200 million under management with 45 fantastic employees I work with.
Most respected competitor and why: Oppenheimer and Co., because they do a good job of sticking to their niche.
First choice for a new career: Teaching.

C. Gerard Nalezny
Chairman and CEO of Verus Bank of Commerce
Education: Carleton College, B.A. in economics, 1985
Essential business philosophy: Verus is Latin for right, and indicative of the goal of doing the right thing, doing right by our clients, employees, shareholders and community.
Like best about your job: The opportunity to make a difference.

Dan Allen
President of First FarmBank
Education: University of Nebraska, BBA, 1978
Essential business philosophy: Do it right.
Like best about your job: The people.
Yardstick of success: Loyal staff and customers.
Most respected competitor and why: We respect all competitors.

Tom Chinnock
CEO of Advantage Bank
Education: Chadron State College, B.A. in business and agriculture, 1979
Essential business philosophy: Treat coworkers and customers in the same manner you wish to be treated.
Like best about your job: Having a small part in helping our local communities thrive.
Yardstick of success: Customer retention and customer expansion.
Most respected competitor and why: All community banks in our region.
First choice for a new career: Agriculture or recreation related.

Shawn Osthoff
President of Bank of Colorado
Education: University of Northern Colorado, B.S. in finance, 1990; Colorado State University, MBA, 1991
Essential business philosophy: Always work hard and “do the right thing” in business and in life and good things will happen.
Like best about your job: Seeing the success of our customers and of those that I work with daily.
Yardstick of success: As a bank, we are only as successful as our customers and the communities we serve, so that is where we look first to measure our success.
Most respected competitor and why: Firstbank, because they consistently demonstrate strong growth and earnings and have a loyal customer base.
First choice for a new career: Farming.

Donna J. Petrocco
President and CEO of Valley Bank & Trust
Education: Ottawa University, B.A. in human services, 1982; Graduate School of Banking at University of Colorado
Essential business philosophy: It’s all about giving back to our communities, supporting education and helping our customers in every way possible.
Like best about your job: Absolutely the people I work with and serve.
Yardstick of success: When someone gives me a referral.
Most respected competitor and why: Citywide Banks, because they are a family-owned bank that operates with a high degree of integrity and faith. I like that.
First choice for a new career: Boys & Girls Club.

Have you met the banking executives who lead Larimer and Weld County-based banks?

Harry Devereaux
President of Home State Bank
Education: University of Colorado School of Business, finance, 1974
Essential business philosophy: Do good and be happy.
Like best about your job: Meeting new people and helping people succeed.
Most respected competitor and why: Other community banks, because nobody has a clue the regulatory burdens stacked against us.
First choice for a new career: Inventory guy at hardware or sporting goods store.

Fred J. Bauer
President of Farmers Bank
Education: Aims Community College, 1977; University of Colorado Graduate School of…

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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