Alpine Bank
- Company typePrivate
- Founded1973
- HeadquartersGlenwood Springs, United States
- Headcount501–1,000
- GTM typeB2B and B2C
- OfferingServices
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.
Alpine Bank firmographics
Firmographics- 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
Alpine Bank industry classification
Industry- 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
Where Alpine Bank is headquartered
LocationHeadquarters
- HQ city
- Glenwood Springs
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Alpine Bank business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Technology or R&D, Others
Revenue model
- 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%.
- Wealth Management Fees: Fee-based revenue from trust management, investment management, and fiduciary services provided to high net worth individuals and families.
- Non-Interest Income: Fees from banking services including account maintenance, transaction processing, credit cards, and other banking service charges.
- Mortgage Banking: Revenue from mortgage originations, refinancing, and home lending services across Colorado.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Monthly | Standard banking products with fee-based pricing |
Go-to-market motion1 record
Distribution channels7 records
Marketing channels10 records
Alpine Bank product offering
Product offeringCore 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
Companies that use Alpine Bank
Customer profileNamed customers4 records
Segments4 records
Ideal customer profiles4 records
Alpine Bank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration7 records
Feature2 records
Alpine Bank partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Allpoint ATM NetworkcoreATM network partnership providing Alpine Bank customers access to 43,000+ surcharge-free ATMs across the United States, enhancing customer convenience.
- VisacorePayment 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
Alpine Bank competitors and assessment
Company assessmentDirect 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
Alpine Bank social profiles
Digital presenceAlpine Bank compliance and trust
Trust signalCompliance4 records
Alpine Bank financial estimates
Financial estimateRevenue estimate
Valuation estimate
Alpine Bank leadership team
Management profileNumber of profiles
Profiles16 records
Alpine Bank funding detail
Funding detailFunding overview
Funding rounds2 records
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Alpine Bank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Alpine Bank
What does Alpine Bank do?
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.
Is Alpine Bank a public or private company?
Alpine Bank is a private company. It is classified as management employee owned and is currently operating.
When was Alpine Bank founded?
Alpine Bank was founded in 1973. It employs 501 to 1,000 people.
Where is Alpine Bank based?
Alpine Bank is headquartered in Glenwood Springs, United States, in the North America region.
How does Alpine Bank make money?
Four revenue lines are on record. Net Interest Income is the primary driver. The others are wealth Management Fees, non-Interest Income and mortgage Banking.
Who are Alpine Bank's main competitors?
Direct peers on record are FirstBank, Pinnacle Financial Partners, ANB Bank, Stock Yards Bancorp and First Western Financial. Broad incumbents are CoBank, Glacier Bancorp and HTLF / Heartland Financial USA. Regional players are Elevations Credit Union and Bellco Credit Union.
Does Alpine Bank have an API?
No public API is recorded for Alpine Bank.
What industry is Alpine Bank in?
Alpine Bank's product category is Community Banking. Its primary akta.pro industry code is FSABAAAJ, Retail Wealth & Bancassurance Distribution (Investment & Insurance via Bank). Its NAICS code is 5221 and its SIC code is 6035.