Banking & Finance  January 10, 2022

Mortgage lender acquiring First American State Bank

GREENWOOD VILLAGE — Colorado Springs-based Mortgage Solutions of Colorado has signed an agreement to acquire First American State Bank.

The Denver Post reports that the acquisition will make the combined entity the state’s 11-largest community bank, with assets of about $750 million.

The acquisition is subject to approval by First American shareholders, and by federal and state regulators.


BizWest Staff

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