FirstBank Holding Co

{{Use American English|date=June 2022}}

{{Short description|US Bank}}

{{Use mdy dates|date=June 2022}}

{{Infobox company

| name = FirstBank Holding Company

| logo = Cube and Tagline.jpg

| former_name = First Westland National Bank

| type = Private

| industry = Banking, financial services

| foundation = {{start date and age|1963}} in Lakewood, Colorado, U.S.

| founders = {{ubl|Everett Williams|George Williams}}

| hq_location = 12345 W. Colfax Avenue

| hq_location_city = Lakewood, Colorado

| hq_location_country = U.S.

| area_served = Predominantly in Colorado, and also in California and Arizona

| key_people = {{Plainlist|

  • Kevin Classen (CEO){{cite web |url=https://www.bizjournals.com/denver/news/2024/02/26/firstbank-new-ceo-kevin-classen.html |title=Exclusive: Top Colorado bank names new CEO - Bizjournals.com |date=February 26, 2024 }}
  • Kelly Kaminskas (COO){{cite web |url=https://bankbeat.biz/firstbank-announces-ceo-succession/ |title=FirstBank Announces CEO Succession - Bankbeat.biz |date=February 29, 2024 }}
  • Adam Sands (CBO){{cite web |url=https://www.monitordaily.com/news-posts/firstbank-promotes-sands-to-chief-banking-officer/|title=FirstBank Promotes Sands to Chief Banking Officer - Monitordaily |date=April 9, 2024 }}

}}

| products = Consumer banking, Commercial banking

| net_income =

| num_employees =

| homepage = {{URL|https://www.efirstbank.com/|efirstbank.com}}

}}

FirstBank Holding Company (or 1stBank) is an American privately held bank and financial services company that operates more than 100 locations in three states in the Southwestern U.S., in Colorado, Arizona, and California. Founded in 1963, it is headquartered in Lakewood, Colorado.{{Cite web |last=Svaldi |first=Aldo |date=April 10, 2020 |title=FirstBank hits pause button on emergency business loans after a flood of applications |url=https://www.denverpost.com/2020/04/10/coronavirus-firstbank-emergency-business-loans-ppp/ |access-date=June 24, 2022 |website=The Denver Post |language=en-US}}

History

FirstBank was founded by George and Everett Williams in Lakewood, Colorado, in 1963 as the First Westland National Bank.{{Cite web |last=Stonebraker |first=Stoney |date=July 1, 2017 |title=Stoney Stonebraker: George and Everett Williams had a huge impact on Boulder |url=https://www.dailycamera.com/ci_31107528/stoney-stonebraker-george-and-everett-williams-had-huge |access-date=June 24, 2022 |website=Boulder Daily Camera |language=en-US}}{{Cite web |last=Mendoza |first=Monica |date=July 7, 2016 |title=A look at Colorado-based FirstBank's new HQ complex |url=https://www.bizjournals.com/denver/blog/finance_etc/2016/07/a-look-at-firstbanks-new-hq-office-in-metro-denver.html |access-date=June 24, 2022 |website=Denver Business Journal}} The Williams were joined on the founding board by Ira C. Rothgerber Jr. and William Johnson, both from the Denver law firm Rothgerber, Appel and Powers (now Lewis Roca).{{Cite web |last=Kellard |first=Joseph |date=June 23, 2016 |title=Co-Founder of FirstBank in Colo. Retires as Co-Chairman |url=https://www.americanbanker.com/news/co-founder-of-firstbank-in-colo-retires-as-co-chairman |access-date=June 24, 2022 |website=American Banker |language=en}}{{Cite web |last=Mendoza |first=Monica |date=June 22, 2016 |title=FirstBank Holding chairman resigns |url=https://www.bizjournals.com/denver/blog/finance_etc/2016/06/chairman-of-firstbank-holding-company-announces.html |access-date=June 24, 2022 |website=Denver Business Journal}}{{Cite web |date=2003 |title=Rothgerber Johnson & Lyons |url=https://duarchives.coalliance.org/repositories/2/archival_objects/568 |access-date=June 24, 2022 |website=University of Denver Archives}} Roger Reisher became the founding president of the bank and remained at the position for the first 36 years of the bank's history.{{Cite web |last=Rusch |first=Emilie |date=January 29, 2017 |title=After 17 years as FirstBank CEO, John Ikard leaves legacy of record profits, community giving |url=https://www.denverpost.com/2017/01/29/firstbank-ceo-john-ikard/ |access-date=June 24, 2022 |website=The Denver Post |language=en-US}}

By the 1970s, the company had grown to include a number of additional Colorado locations including banks in Vail and Wheat Ridge.{{Cite news |date=November 9, 1967 |title=2 New Banks Bring State Total to 217 |pages=3 |work=Fort Collins Coloradoan |url=https://www.newspapers.com/clip/104315630/p-3/ |access-date=June 24, 2022 |via=Newspapers.com}}{{Cite book |url= |title=Federal Register |date=1972 |publisher=Office of the Federal Register, National Archives and Records Service, General Services Administration |language=en |chapter=Weerva, Inc.: Acquisition of Banks |chapter-url=https://books.google.com/books?id=3EUSWNP7j-YC&pg=PA240}}{{Cite web |date=July 2, 1973 |title=Ex-resident heads board of bank group |url=http://www.newspapers.com/clip/104316064/p-12/ |access-date=June 24, 2022 |website=The Muscatine Journal |language=en |via=Newspapers.com}} In 1978, the organization consolidated under its current name, FirstBank.{{Cite web |title=FirstBank |url=https://banks.data.fdic.gov/bankfind-suite/bankfind/details/18714?bankfindLevelThreeView=History |access-date=June 23, 2022 |website=Federal Deposit Insurance Corporation}} In 1985, the bank opened its first location outside Colorado in Palm Desert, California.{{Cite web |last=Barba |first=Robert |date=October 2, 2013 |title=FirstBank in Colo. to Buy Branch in Southern Calif. |url=https://www.americanbanker.com/news/firstbank-in-colo-to-buy-branch-in-southern-calif |access-date=June 24, 2022 |website=American Banker |language=en}} FirstBank expanded to Arizona in 2007.{{Cite web |last=Gonzales |first=Angela |date=May 22, 2013 |title=FirstBank Arizona opens Goodyear branch, plans two more |url=https://www.bizjournals.com/phoenix/news/2013/05/22/firstbank-arizona-opens-goodyear.html |access-date=June 24, 2022 |website=Phoenix Business Journal}}

Operations

FirstBank is a member of the Federal Deposit Insurance Corporation, often styled as Member FDIC. It has its headquarters at 12345 W. Colfax Avenue in Lakewood, Colorado. In June 2016, the organization completed an addition to its facilities that expanded it to a 227,000-square-foot campus that could accommodate up to 1,400 employees.{{Cite web |last=Rusch |first=Emilie |date=June 24, 2016 |title=FirstBank doubles down on Lakewood headquarters |url=https://www.denverpost.com/2016/06/24/firstbank-doubles-down-on-lakewood-headquarters/ |access-date=June 24, 2022 |website=The Denver Post |language=en-US}} In February 2020, FirstBank opened its Multicultural Banking Center in Lakewood to provide banking services in languages such as Spanish, Chinese, Mandarin Chinese, Korean, Vietnamese and Cantonese.{{Cite web |last=Rios |first=Joseph |date=February 25, 2020 |title=FirstBank opens Multicultural Banking Center: The center will provide banking services in different languages |url=https://arvadapress.com/stories/firstbank-opens-multicultural-banking-center,294586 |access-date=June 24, 2022 |website=Arvada Press |language=en}}

Philanthropy

In 2010, FirstBank partnered with Community First Foundation to launch Colorado Gives Day – a 24-hour online drive to raise funds for Colorado nonprofits.{{cite web |author= |date=December 5, 2016 |title=FirstBank-backed Colorado Gives Day means a bonanza for charities |url=http://www.bizjournals.com/denver/news/2016/12/05/firstbank-backed-colorado-gives-day-means-a.html |access-date=April 26, 2017 |publisher=Denver Business Journal}} Since Colorado Gives Day's inception, more than [https://www.denverpost.com/2023/01/26/firstbank-expands-presence-downtown-denver/ $400 million has been raised]. Gives Day expanded beyond Colorado, in 2013, with the implementation of Arizona Gives Day and [https://kesq.com/lifestyle/business-matters/2022/11/08/nonprofits-can-register-now-for-coachella-valley-giving-day/ Coachella Valley Giving Day] in 2023. FirstBank received the 2016 Corporate Citizenship award from Governor John Hickenlooper.{{Cite web |last=Storum |first=Doug |date=February 25, 2017 |title=FirstBank posts net income of $190.6M for 2016" |url=https://bizwest.com/2017/02/24/firstbank-posts-net-income-190-6m-2016/ |access-date=June 24, 2022 |website=BizWest |language=en-US}}

See also

References

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