Area lenders project stability amid turbulence
Despite tariff concerns and uncertainty around deep cuts to the federal government, commercial banks in the Boulder Valley and Northern Colorado continue to be stable.
“Banks have very good credit portfolios, low past dues and well-capitalized and strong liquidity, and are in a great position to lend, which is great for borrowers,” said Shawn Osthoff, president of Bank of Colorado in Fort Collins.
President Donald Trump’s tariff war with Mexico, Canada and China prompted some businesses to stock up on inventory before these tariffs and counter-tariffs went into effect.
Several borrowers…
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