This Colorado Bank Has Hired 9 Execs from Other Top Banks Including Jpmorgan Chase, Wells Fargo

DENVER BUSINESS JOURNAL SEPTEMBER 11, 2019

BANKING & FINANCIAL SERVICES This Colorado bank has hired 9 execs from other top banks including JPMorgan Chase, Wells Fargo

MONICA VENDITUOLI REPORTER DENVER BUSINESS JOURNAL

Over the last year, Vectra Bank Colorado has hired nine executives from some of the top banks in the state including Wells Fargo, JPMorgan Chase and BBVA.

Bruce Alexander, president and CEO of Vectra Bank Colorado, said the bank’s focus on community banking has made recruiting easy.

“We saw a great opportunity in the marketplace to continue to build our team amid the current turmoil in Denver banking,” Alexander said.

He noted that with six Colorado bank acquisitions announcements made in 2018 and four announced so far this year, more and more senior bankers in the area are looking to change jobs in order to serve local customers.

Vectra Bank Colorado is the 11th largest bank in the state, according to DBJ research. The bank had Vectra Bank CEO Bruce Alexander. $1.9 billion in assets in Colorado as of the end of the year. Vectra Bank Colorado is the name that Salt Lake City-based Zions Bancorporation uses to professionals in Commercial Banking in Colorado, - Craig Fulmer, a senior vice president of do business in Colorado. As of June 30, the bank and we are delighted to have him as part of our commercial banking, previously served as had more than $70 billion in assets, according to team,” Munson said. “Serving the financial needs a vice president at Bank of the West. He is FDIC data. of the business community is a core part of our currently based in Denver. strategy, and under Greg’s leadership, Vectra - Adam Wilson, a senior vice president and This month, Vectra Bank Colorado has named will continue to grow our brand as a premier market president in Steamboat Springs, two executives from top banks. T.J. Kerns, former commercial bank in the community.” previously held leadership positions with Key founder and leader of Denver-based Sunflower Bank in Ohio and Denver. Bank’s Structured Finance Group, has become Vectra Bank Colorado has also made several - Lisa Cashman, a vice president of Treasury Vectra Bank Colorado’s senior vice president of other executive- and senior-level hires from top Management, previously served as a vice corporate banking. banks in the state over the last year. They include: president at JPMorgan Chase Bank. She is currently based in Denver. “TJ brings a depth of experience and knowledge - Brian Sullivan, a senior vice president of - Matt Burgess, a community banking to Vectra Bank that is unique to the market and wealth management at Vectra Bank Colorado, relationship manager, previously served as a we are delighted to have him on the team,” Todd previously served as a senior vice president business banking manager at Wells Fargo. He is Munson, Vectra’s director of commercial banking, of Colorado State Bank & Trust, which is now currently based in Grand Junction. said in an email. part of BOK Financial. He is currently based in Denver. Traditionally, Vectra Bank Colorado has had a Greg Boushelle, former senior vice president - Michelle Benda, an assistant vice president of flat hierarchal structure, Alexander said. He hopes and middle-market manager for BBVA in Colorado, wealth management, previously served as an to grow the bank and its customer base, especially has been named Vectra Bank Colorado’s senior assistant vice president at Sunflower Bank. She in its business banking endeavors through the vice president and commercial banking manager is currently based in Denver. new hires. responsible for growing the bank’s presence in - Tom Veitenhaus, a senior vice president of southern Denver, Colorado Springs and Pueblo. commercial banking, previously served as a “What we are doing is we’re looking to invest in vice president at JPMorgan Chase Bank. He is new people as we look at growing the depth in our “Greg is one of the most well-respected currently based in Denver. management structure,” Alexander said.

This article appeared in the online edition of the Denver Business Journal on September 11, 2019. It has been reprinted by the Denver Business Journal and further reproduction by any other party is strictly prohibited. Copyright ©2019 Denver Business Journal, 1700 Broadway, Suite 1700, Denver CO 80290