Nebraska bank joins kin in Colorado

FORT COLLINS — A new loan processing office in Fort Collins marks TierOne Bank’s entrance into the competitive Northern Colorado lending market.

Based in Lincoln, Neb., the bank’s holding company, TierOne Corp. (Nasdaq:TONE) was first listed on the nasdaq in October 2002. The listing coincided with TierOne’s launch of its first loan processing office in Colorado Springs. In its first full year of operations, the Colorado Springs office lent an estimated $45 million.

The Fort Collins loan office is TierOne’s fourth loan processing office. A Denver location opened in January 2003, and TierOne’s third loan office opened shortly after in Minneapolis.

“It’s no…