THE BANK AT BROADMOOR TEAMS WITH SUNSHARE TO MAKE SOLAR AFFORDABLE WITH ‘THE SUNSHINE LOAN’
SunShare, www.mysunshare.com, was started by Colorado College graduate David Amster-Olszewski. SunShare is working with Colorado Springs Utilities to build the region’s first solar garden. The garden, to be constructed by year-end is a 2.5 acre solar electric system housing 2,500 panels. By leasing panels in the solar garden, customers of Colorado Springs Utilities have unprecedented access to solar energy without having to install a system on their home. The average Colorado Springs home requires approximately 22 panels to eliminate the annual electric bill, and ‘The Sunshine Loan’ will enable homeowners to finance the lease of the necessary number of panels.
“Providing an historical opportunity for qualified homeowners to choose their energy source, and completely eliminate annual electric bills by using the savings of community solar is the goal of ‘The Sunshine Loan’,” says Patrick Sullivan. “By contacting Bryce Schuettpelz, loan officer at our Briargate location, the bank will work individually with each qualified customer via ‘The Sunshine Loan’ to make solar energy accessible and affordable.”
The Bank at Broadmoor, www.bankatbroadmoor.com, a local community bank since 1980, member of the FDIC and Equal Opportunity Housing Lender, with overall deposits in excess of $170,000,000. The Bank at Broadmoor provides customers the newest technologies and products with intimate personal service. The four convenient locations are south at 155 Lake Avenue, downtown at 501 S.Tejon Street, north at 440 Chapel Hills Drive, and west at 3216 West Colorado Avenue.
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NEW MANAGER AT THE BANK AT BROADMOOR, WESTSIDE
“We are happy to have Glenda’s extensive experience here at The Bank at Broadmoor. Glenda rounds out our talented group of managers and readies us for the future,” states Patsy Thompson, Vice President of Business Development.
The Bank at Broadmoor, www.bankatbroadmoor.com, is a locally owned and operated community bank with overall deposits in excess of $170,000,000. The Bank was chartered in February 1979 by Blakemore McCarty,
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NEW ASSISTANT MANAGER AT THE BANK AT BROADMOOR
“We are happy to have Donna’s experience here at The Bank at Broadmoor and to continue our tradition of promoting from within for key management positions. This creates a talented group of managers and readies us for the future,” states Patsy Thompson, Vice President of Business Development.
The Bank at Broadmoor, www.bankatbroadmoor.com, is a locally owned and operated community bank with overall deposits in excess of $170,000,000. The Bank was chartered in February 1979 by Blakemore McCarty,
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CARLILE BANCSHARES INC. TO ACQUIRE THE BANK AT BROADMOOR
COLORADO SPRINGS, Colo.—June 17, 2011—Carlile Bancshares. Inc. (“Carlile”), Fort Worth, Texas and the Broadmoor Capital Corporation today announced the signing of a stock purchase agreement for Carlile to acquire 100% of the common stock of The Bank at Broadmoor (“Broadmoor”). Broadmoor provides banking services to individuals and businesses located primarily in Colorado Springs, Colorado. Currently, Broadmoor has approximately $172 million in total assets and 4 locations.
Carlile, formed in 2009, has raised investment capital of $330 million. Carlile management’s previous banking history has been focused on community banks and will continue Broadmoor’s tradition of offering strong customer service and quality banking products. “Our banking history has been focused in community banks much like those of The Bank at Broadmoor,” said Tom Nichols, Chairman and CEO of Carlile. “We are looking forward to working with the Board, management and staff of The Bank at Broadmoor and to continue their tradition of offering personal, financial, and community service. Our plans are to continue growth through acquisitions in this area.”
D. Edward Sauer, President of The Bank at Broadmoor stated, “We are very excited about the opportunity to join such a strong company who is committed to community banking. Carlile chose our bank because of the strength of our core management, experienced staff, stability, and sound financial condition. This affiliation will allow further expansion in the Colorado market. We look forward to the many opportunities this creates for our staff, our customers, and our community. Carlile’s philosophy of community banking will carry forward the long legacy of The Bank at Broadmoor’s commitment to its customers and to the communities we serve. We will be able to expand our lending capabilities, invest more in technology, and expand our product base.”
The transaction, which is subject to shareholder and regulatory approval, among other conditions, is expected to close in the third quarter of 2011.
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TWO NEW LOCATION MANAGERS AT THE BANK AT BROADMOOR
Jodee Girodat, most recently assistant manager of the Downtown location was promoted to manager, and has ten years in the banking industry.
“We are proud to continue our tradition of promoting from within for two of these key management positions. This creates a talented group of managers and readies us for the future,” states D. Edward Sauer, President and CEO.
The Bank at Broadmoor, www.bankatbroadmoor.com, is a locally owned and operated community bank with overall deposits in excess of $150,000,000. The Bank was chartered in February 1979 by Blakemore McCarty,
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COLORADO SPRINGS, Colo. – Dec. 20, 2010
The Bank at Broadmoor President and CEO, D. Edward Sauer, is pleased to announce that Rae Loschen is the new Vice President/Commercial Loan Officer at the Downtown location at 501 South Tejon Street. "Rae has over nineteen years of banking experience in the Colorado Springs market, and we are very fortunate to have Rae and his depth of knowledge on our team," said Mr. Sauer.
Mr. Loschen is originally from Illinois but has lived in Colorado Springs since 1991. Rae has a diploma from the Colorado Graduate School of Banking and is involved in many community activities.
The Bank at Broadmoor, www.bankatbroadmoor.com, is a locally-owned and operated community bank with overall deposits in excess of $157,000,000. The Bank at Broadmoor provides each customer with the newest technologies and products of larger banks, while providing intimate personal service. The four convenient locations can be found in the Broadmoor area at 155 Lake Avenue, downtown at 501 South Tejon Street, Briargate at 440 Chapel Hills Drive, and the Westside at 3216 West Colorado Avenue.
THE BANK AT BROADMOOR ELECTS WILLIAM C. SANDEN TO BOARD
Prominent Colorado Springs CPA joins The Bank at Broadmoor's Board of Directors
COLORADO SPRINGS, Colo. – Aug 9, 2010
D. Edward Sauer, President and CEO of The Bank at Broadmoor, announced that William C. Sanden has been elected to the Board of Directors of The Bank at Broadmoor. Mr. Sanden joins the existing board of Mr. Gordon Price, Chairman, D. Edward Sauer, Mr. James Oaks, Mr. John Webster, and Mr. Nolan Schriner.
"We are very fortunate to have Bill as a director for The Bank at Broadmoor. Bill's past experience as a bank director and extensive background as a Certified Public Accountant specializing in Audit Services, brings a depth of talent that compliments the experience of our current board," said Mr. Sauer.
Mr. Sanden is currently a director with SSA, P.C., Certified Public Accountants. He has been with the company since 1981 and is a Certified Public Accountant in both Colorado and Utah. He is a member of numerous professional and local associations, and has served on various Chamber of Commerce committees. He also served as treasurer for the Court Appointed Special Advocates (CASA). Bill and his wife, Shirley, enjoy spending time with family, friends and traveling. Recently, Bill's youngest daughter delighted him by becoming a CPA.
The Bank at Broadmoor, www.bankatbroadmoor.com, is a locally-owned and operated community bank with overall deposits in excess of $155,000,000. The Bank at Broadmoor provides each customer with the newest technologies and products of larger banks, while providing intimate personal service. The four convenient locations can be found in the Broadmoor area at 155 Lake Avenue, downtown at 501 South Tejon Street, Briargate at 440 Chapel Hills Drive, and the Westside at 3216 West Colorado Avenue.
COLORADO SPRINGS BANKER MEETS WITH LEGISLATORS IN WASHINGTON
COLORADO SPRINGS, Colo. – Oct 5, 2010
D. Edward Sauer, President and CEO of The Bank at Broadmoor, recently returned from Washington, D.C. where he met with legislators and regulators to discuss how recent banking proposals have impacted Colorado.
Mr. Sauer was one of three Colorado bankers who visited the nation's capital to voice the concerns of the financial services industry on behalf of the Colorado Bankers Association and the American Bankers Association.
This contingency of Colorado bankers met with Senator Michael Bennet, Representative Mike Coffman, Representative Doug Lamborn, Representative Ed Perlmutter, and previously met with Senator Mark Udall. Several financial topics were discussed including the proposed Consumer Financial Protection Agency, Mark-to-Market accounting, the status of bank lending, Interchange Fees and general regulatory reform for the banking industry.
"Traditional banking is the engine that will drive our economy to a healthy recovery," Sauer said. "This was my opportunity to influence policy decisions made in Washington that will affect our community and help create jobs in Colorado."
More than 1,500 bankers visit Washington annually as part of the Washington Visit Program. The state bankers associations, in conjunction with the ABA, schedule briefings with the federal financial services regulatory agencies and visit the state's congressional delegation to educate them on issues before Congress, which will impact the banking industry.
D. Edward Sauer has been President and CEO of The Bank at Broadmoor since 1990. He is a member of the Board of Directors and a shareholder of the Broadmoor Capital Corporation. Ed serves on many boards throughout the community and is currently serving his second term as Chairman of The Colorado Bankers Association.
The Bank at Broadmoor, www.BankAtBroadmoor.com, is the largest community bank founded in Colorado Springs with deposits in excess of $150,000,000 and continues to be locally owned and operated. The bank provides each customer with the newest technologies and products of larger banks, while providing intimate personal service. The four convenient locations are 155 Lake Avenue, 501 S. Tejon Street, 440 Chapel Hills Drive, and 3216 West Colorado Avenue.
