Colorado East Bank & Trust

Colorado East Bank & Trust was established on April 22, 1905, originally under the name First Bank and Trust. It underwent a series of name changes, becoming First Bank & Trust on April 1, 1970, as it also changed its chartering agency to state supervision and withdrew from the Federal Reserve System. Over the years, the institution expanded through several acquisitions, including Ark Valley Independent Bank in La Junta, Colorado, in 1997, and Baca State Bank in Springfield, Colorado, in the same year. The bank's main office was relocated multiple times, including significant moves to Lamar, Colorado, in December 1994. In December 1994, the institution adopted its final name, Colorado East Bank & Trust. The bank continued to grow by acquiring other local banks, such as The First National Bank of Stratton and The First National Bank of Tribune in 2008 and 2006, respectively. Ultimately, on August 1, 2016, Colorado East Bank & Trust merged with Tbk Bank, Ssb, headquartered in Dallas, Texas.

Below is a list of some important events in banks history, including mergers and acquisitions.

1905-04-22Institution established. Original name: First Bank and Trust.

1970-04-01Changed Institution Name to First Bank & Trust.

1970-04-01Main Office moved to 131 South Main, Holly, CO 81047.

1970-04-01Changed Trust Powers to Full.

1970-04-01Institution withdraws from membership in the Federal Reserve System.

1970-04-01Changed Chartering Agency to State.

1994-12-01Changed Institution Name to Colorado East Bank & Trust.

1994-12-01Main Office moved to 520 South Main, Lamar, CO 81052.

1994-12-01Acquired The American State Bank in Granada, CO.

1996-05-17Acquired Baca State Bank in Springfield, CO.

1997-05-15Acquired Ark Valley Independent Bank in La Junta, CO.

1997-12-01Main Office moved to 100 West Pearl Street, Lamar, CO 81052.

2006-07-24Acquired The First National Bank of Tribune in Tribune, KS.

2008-03-14Acquired The First National Bank of Stratton in Stratton, CO.

2016-08-01Merged and became part of Tbk Bank, Ssb (23498) in Dallas, TX.