First State Bank of Colorado

First State Bank of Colorado was established on July 19, 1930, under the name The First State Bank of Hotchkiss. Over the years, the bank underwent several changes and expansions. On March 21, 1990, the main office relocated to 100 Bridge Street in Hotchkiss, Colorado. A significant transformation occurred on June 30, 2010, when the institution changed its name to First State Bank of Colorado and acquired two other banks: Colorado Mountain Bank located in Westcliffe, Colorado, and Paonia State Bank in Paonia, Colorado. The bank continued to operate until it was merged on October 22, 2019, becoming part of United Business Bank, based in Walnut Creek, California.

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

1930-07-19Institution established. Original name: The First State Bank of Hotchkiss.

1990-03-21Main Office moved to 100 Bridge Street, Hotchkiss, CO 81419.

2010-06-30Changed Institution Name to First State Bank of Colorado.

2010-06-30Acquired Paonia State Bank in Paonia, CO.

2010-06-30Acquired Colorado Mountain Bank in Westcliffe, CO.

2019-10-22Merged and became part of United Business Bank in Walnut Creek, CA.