ARCHIVED  January 1, 1997

Banks reap benefits of prosperous region

By

Bankers along the Northern Front Range have reason to be pleased.

Even with the housing industry dropping off slightly, business is booming, and banks are making a lot of low-risk loans.

“Banks are only as healthy as their customers are,´ said Tucker Hart Adams, chief economist for Colorado National Bank in Denver. “When I look at Northern Colorado, I see that the cattle industry has bottomed out and is coming back. Cattle prices are up, and that is a plus for bankers because cattle producers can pay back loans, so banks stay healthy.”

Adams said she did not see any big changes coming…

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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