Cache Bank sale to Mountain Valley Bank complete

GREELEY — With the new year comes new ownership for Greeley-based Cache Bank & Trust, whose sale to Mountain Valley Bank is now complete. 

The deal, approved by the Colorado State Banking Board in October 2021, was finalized last month, according to the board’s monthly bulletin on banking activity across the state.

Financial terms of the all-stock deal have not been disclosed. 

Cache was based in Greeley and has a second branch in Fort Collins. Mountain Valley is based in Walden and has one location each in Meeker and Hayden and two in Steamboat Springs.

The new, combined Mountain Valley Bank is part…