ARCHIVED  January 1, 1997

American Ag. opens Greeley bank facility

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GREELEY — The seeming flood of new financial institutions to the area continues, as American Ag. opened here to serve needs of the farming and ranching communities.

The institution, capitalized at a little more than $40 million, is a branch of the Bank of Cherry Creek.

“We made a strategic decision to enter areas where we sense our larger banking brethren have pulled back (or are not serving a particular market), said Gary Mammel, president and chief executive officer of Bank of Cherry Creek and American Ag.

“That led us to agriculture,” he said. “We recruited four very strong people and took out…

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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