August 2, 2013

New bank branches popping up across area

A lot of banks new to the market are bullish about the Boulder Valley. At least three have said recently that they’ll open new branches in the region.

Bank representatives say they’re lured to our neck of the woods by its high average income and its stable residential real estate market, which declined a lot less in value than did markets in many other places in the nation.

Boulder’s per-capita personal income is $51,893, the 13th highest in the nation, according to Census Bureau statistics from 2011. Denver’s is $48,980, the 19th highest statistical area in the country, according to statistics.

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