Alpine Bank

What Alpine Bank does

Alpine Bank is a Colorado-headquartered, employee-owned regional bank founded in 1973 in Glenwood Springs, operating 39 branches across the state's Western Slope, mountain communities, and Front Range (Denver, Boulder, Fort Collins, Colorado Springs). The bank serves approximately 170,000 customers across four primary segments — individual consumers, small and medium businesses, commercial clients (including real estate developers), and high net worth individuals — through a full-service platform spanning deposit accounts, consumer and commercial lending, mortgages, credit cards, treasury management, and a dedicated wealth management division offering trust, estate, and investment advisory services. As of Q1 2026 the institution held $6.8 billion in total assets, reported a record $20.2 million in quarterly net income (a 41% year-over-year increase), and maintained a 3.72% net interest margin with $1.26 EPS.

The bank earns revenue primarily through net interest income from its lending and deposit franchise, supplemented by recurring wealth management fees, fee-based non-interest income (account services, card payment processing, lockbox, remote deposit), and transactional mortgage banking revenue. Its distribution model is branch-centric, augmented by online and mobile banking platforms, a customer service center, surcharge-free ATM access through the Allpoint network (43,000+ ATMs), and Apple/Google/Samsung Pay wallet support alongside Zelle peer-to-peer payments. Differentiated community programs — including the Change Matters® debit round-up rewards program and the Loyalty Debit Card portfolio that donates 10 cents per transaction to customer-chosen nonprofits across environment, community, education, and arts — reinforce customer engagement. The holding company Alpine Banks of Colorado has Class B shares trading on OTCQX under symbol ALPIB.

Ownership is structured as an employee-owned organization; the holding company has executed multiple private placements ($50M in 2020, $34M in 2022, $75M subordinated debt in 2025), a 2025 forward stock split, and a December 2025 Class A-to-Class B exchange offer to broaden public-market liquidity. Following founder J. Robert "Bob" Young's death in December 2025, Glen Jammaron, a 40-year veteran, was appointed CEO and Chairman. The bank carries a 5-star BauerFinancial rating and KBRA bond rating affirmation, and is FDIC-insured and NMLS-registered.

Name

Alpine Bank

Legal name

Alpine Bank

Website

https://alpinebank.com

Company type

Private

Founded year

1973

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Depository Credit Intermediation (5221), Savings Institutions and Other Depository Credit Intermediation (52218), Savings Institutions and Other Depository Credit Intermediation (522180)

SIC

Savings Institution, Federally Chartered (6035), Personal Credit Institutions (6141), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank) (FSABAAAJ)

Keywords

• Community banking services
• Personal and business banking
• Commercial lending products
• Wealth management services
• Residential mortgage lending

Headquarters

HQ city

Glenwood Springs

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Net Interest Income: Interest income from lending activities (personal, business, and commercial loans) minus interest paid on deposits. Primary revenue driver with Q1 2026 net interest margin of 3.72%.
2. Wealth Management Fees: Fee-based revenue from trust management, investment management, and fiduciary services provided to high net worth individuals and families.
3. Non-Interest Income: Fees from banking services including account maintenance, transaction processing, credit cards, and other banking service charges.
4. Mortgage Banking: Revenue from mortgage originations, refinancing, and home lending services across Colorado.

Pricing tiers

Go-to-market motion1 record

Distribution channels7 records

Marketing channels10 records

Core offering

Alpine Bank provides retail, small business, commercial, and mortgage banking products and services, including checking and savings accounts, consumer and commercial loans, residential mortgages, business payment processing, treasury management, and credit cards. The bank also operates a wealth management division offering trust administration, investment management, and fiduciary services to high-net-worth individuals, families, endowments, and nonprofits. Distribution spans 39 Colorado branches and digital channels, with signature community-engagement programs including the Change Matters® round-up debit card rewards and Loyalty Debit Cards that donate to nonprofits.

Product overview

Alpine Bank is a Colorado-based regional bank offering a comprehensive, multi-channel banking platform organized around three core service lines: Personal Banking (checking, savings, lending, mortgages, and credit cards), Business Banking (business checking, savings, lending, payment processing, and treasury management), and Commercial Banking (real estate financing, working capital, and treasury management services). The bank also operates a Wealth Management division providing investment management, trust services, and fiduciary advisory. Beyond core banking, Alpine Bank has developed distinctive loyalty programs including Change Matters (a debit card round-up rewards program) and a portfolio of Loyalty Debit Cards that donate to cause-based categories (Environment, Community, Education, Arts, and Colorado Mountain College). The institution serves customers across Colorado through 39 branches with digital banking capabilities spanning online and mobile channels.

Differentiator

Problem solved

Functional benefit

Brands

• Alpine e-line®: Complimentary electronic news digest delivered by Alpine Bank each business day with summaries of Colorado community news and financial markets update.
• Change Matters®
• Loyalty Debit Card

Products and services

• Liberty Checking Basic personal checking account with essential banking features for everyday transactions, targeted at individual consumers across Colorado.
• Elite Checking Premium personal checking account with enhanced features and benefits for high-volume individual account holders.
• Golden Edge Checking Checking account designed for senior customers with age-appropriate benefits and services.
• Youth Checking Checking account tailored for young customers, typically teenagers and young adults.
• Mountain Money Market Money market savings account offering competitive interest rates with limited transaction access.
• Saver's Choice Savings account with flexible deposit options and competitive interest rates.
• Certificates of Deposit (CDs) Fixed-term deposit products offering guaranteed returns with various maturity options for personal savers.
• Health Savings Account (HSA) Tax-advantaged account for individuals with high-deductible health plans to save for qualified medical expenses.
• Individual Retirement Accounts (IRAs) Tax-advantaged retirement savings accounts including Traditional and Roth IRA options.
• Land & Construction Loans Financing for land purchases and construction projects for personal use.
• Home Equity Loans Loans using home equity as collateral for various personal financial needs.
• Personal Loans & Lines of Credit Unsecured borrowing options for personal expenses with flexible repayment terms.
• Auto Loans Financing for new and used vehicle purchases with competitive rates.
• Mobile Home Loans Specialized financing for mobile homes located in parks or on owned land.
• Green Lending Eco-focused lending products supporting environmentally sustainable purchases and improvements.
• Student Loans Financing options for higher education expenses.
• Home Mortgage Mortgage financing for home purchases, remodels, and refinances with personalized guidance and in-house processing.
• Visa Platinum Credit Card Standard platinum credit card with Visa's global acceptance and basic rewards features for individual consumers.
• Visa Platinum Rewards Credit Card Credit card with reward points earning on purchases for personal use.
• Visa Platinum Signature Credit Card Premium credit card with enhanced benefits, travel protections, and higher credit limits for individual consumers.
• Analyzed Business Checking Business checking account with detailed reporting and analysis tools for business finances, designed for SMBs with higher transaction volumes.
• Small Business Checking Checking account designed for small businesses with basic transaction needs.
• Small Business Checking with Interest Interest-bearing checking account for small businesses with higher balances.
• Business Lines of Credit Revolving credit facilities for managing business cash flow and unexpected expenses.
• Term Loans Fixed-term business loans for equipment purchases, expansions, and other business investments.
• Small Business Administration (SBA) Loans Government-backed loans for small businesses through the SBA program.
• Equipment Loans Financing for business equipment purchases including machinery, vehicles, and technology.
• Card Payment Processing Payment processing services enabling businesses to accept card transactions.
• Remote Check Deposit Digital check deposit service allowing businesses to deposit checks remotely via scanning.
• Lockbox Business payment collection service where customer payments are sent to a secure post office box for processing.
• Visa Business Platinum Business credit card with essential features and Visa acceptance for business expenses.
• Commercial Real Estate Loans Financing for commercial property acquisitions, developments, and refinances for commercial borrowers.
• Working Capital Financing Short-term financing solutions for managing day-to-day business operations of commercial clients.
• Treasury Management Comprehensive cash management services including payables, receivables, liquidity management, fraud mitigation, and file automation for commercial customers.
• Wealth Management Comprehensive wealth management services including investment management, trust administration, retirement planning, and fiduciary services delivered through relationship managers and specialized advisors to HNW individuals, families, endowments, foundations, and nonprofits.
• Change Matters® Debit Card Rewards Program Debit card rewards program that rounds up purchases to the next whole dollar and deposits the difference into a savings account, with a 5% quarterly bonus on accumulated amounts.
• Loyalty Debit Card - Nonprofit Donation Program Specialty debit cards that donate 10 cents per transaction to nonprofit organizations chosen by the customer across categories of community, education, arts, environment, and Colorado Mountain College Foundation scholarships.

Quantifiable outcome

• 41% increase in Q1 2026 net income year-over-year
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Allpoint ATM NetworkcoreTechnology or IntegrationATM network partnership providing Alpine Bank customers access to 43,000+ surcharge-free ATMs across the United States, enhancing customer convenience.
• VisacoreTechnology or IntegrationPayment network partnership for debit and credit cards including Visa Secure authentication, contactless payments, and global acceptance.

Scale indicators12 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• FirstBank: Lakewood, Colorado-based employee-owned community bank with similar structure and market footprint. Most directly comparable peer given employee ownership, Colorado focus, and similar business model spanning personal, business, and wealth management.
• Pinnacle Financial Partners: Nashville-based community bank holding company with similar size profile and full-service banking model. Comparable business mix including commercial, mortgage, and wealth management; serves as a useful business model benchmark though operating in different geography.
• ANB Bank: Colorado community bank part of Sturm Financial Group serving Denver metro and Colorado markets with personal, business, and commercial banking. Direct geographic competitor with comparable product suite including wealth management.
• Stock Yards Bancorp: Louisville, Kentucky-based community bank holding company with ~$7B in assets, very similar asset size to Alpine. Comparable commercial banking, wealth management, and mortgage services business mix with strong NIM and ROE metrics as a benchmark for healthy community banking.
• First Western Financial: Denver-based community bank holding company specializing in private banking, wealth management, and mortgage services across Colorado and other Western states. Comparable business model with strong wealth management focus similar to Alpine's Wealth Management division.

Broad incumbents

• CoBank: Denver-based Farm Credit System bank providing wholesale lending and financial services to agricultural cooperatives and rural utilities across the U.S. Larger institution (>$70B assets) based in same region but serves very different niche; relevant as a major Colorado-headquartered financial peer.
• Glacier Bancorp: Kalispell, Montana-based multi-state community bank holding company with $20B+ in assets across 8 Western states. Larger and more geographically diversified than Alpine but operates similar community banking model with personal, business, and wealth services.
• HTLF / Heartland Financial USA: Bloomington, Illinois-based regional community bank holding company operating across multiple Midwestern and Western states. Larger and more geographically diverse than Alpine but operates similar community banking model; relevant for understanding multi-state community bank dynamics.

Regional players

• Elevations Credit Union: Boulder, Colorado-based credit union serving Front Range communities with personal and business banking. Comparable Colorado market presence particularly in Boulder County where Alpine also operates, though structured as a member-owned credit union.
• Bellco Credit Union: Large Colorado-headquartered credit union serving Denver metro and Front Range with deposit, lending, and wealth services. Comparable Colorado market presence but operates as a member-owned credit union rather than a commercial bank.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/alpine_bank
• YouTubeyoutube.com/user/AlpineBank
• Facebookfacebook.com/alpinebankcolorado
• LinkedInlinkedin.com/company/alpine-bank
• Instagraminstagram.com/alpinebank

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles16 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Alpine Bank