North Valley Bank

What North Valley Bank does

North Valley Bank is a state-chartered community bank headquartered at 9001 North Washington Street in Thornton, Colorado, with a second branch in Broomfield. Founded in February 1963, the bank operates as the oldest independent bank in the North Denver Metro area, serving individual consumers, small-to-medium businesses, and government/public entities across an 8-county service area spanning Adams, Arapahoe, Denver, Douglas, Jefferson, Weld, Boulder, and Broomfield counties. The bank's value proposition centers on relationship-based banking, local decision-making on credit, and competitive deposit pricing as an alternative to credit unions and larger regional banks.

The product set spans retail deposit products (free personal checking, interest-bearing NOW accounts, statement savings, money market, certificates of deposit with terms from 3 months to 5 years, traditional and Roth IRAs), personal lending (installment loans, home equity loans and lines of credit, overdraft protection), and a full business banking suite including business checking with transaction-based fees, business money market, construction loans, real estate mortgages for residential rental and commercial properties, fix-and-flip loans, equipment loans, lines of credit, letters of credit, and small business loans. The technology stack is built on third-party industry-standard platforms: Banno Online Internet Banking with multi-factor authentication, NetTeller Cash Management for business cash management, Remote Deposit Capture for business check deposits, the Banno Mobile Banking app for iOS and Android, and the i-Talk 24-hour telephone banking service. The bank is FDIC-insured, holds Equal Housing Lender designation, has achieved fTLD CyberSecurity Pioneer status, and maintains six S.A.F.E. Act-registered mortgage loan originators.

North Valley Bank's revenue model follows the standard community bank model: net interest spread on loans funded by deposits, supplemented by fee income from account service charges (e.g., $6.50/month business checking, $10/month for interest-bearing accounts when balances fall below minimums), $15/year MasterCard debit card fees, safe deposit box rentals ($25-$125 annually by size), and transaction fees on business deposit accounts. The bank reports assets in excess of $200 million (with a $160M alternative disclosure on the same About Us page, likely reflecting different measurement periods). Ownership is privately held and local, with no disclosed parent company, subsidiaries, institutional investors, or capital raises. Leadership consists of Michael J. Cushman (President & CEO), Roger D. Nash (EVP & CCO), and Scott R. Louis (EVP & COO). No mergers, acquisitions, or restructuring activity is disclosed.

Name

North Valley Bank

Legal name

North Valley Bank

Website

https://nvbank.bank

Company type

Private

Founded year

1963

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

North Valley Bank is a Colorado community bank founded in 1963, operating two branches in Thornton and Broomfield. It serves consumers, small-to-medium businesses, and government entities in the North Denver Metro area with deposit products, personal and commercial loans, and standard digital banking services.

Ownership category

akta.pro rank

Product category

Community Banking

NAICS

Commercial Banking (52211)

SIC

State Commercial Banks (6022)

akta.pro primary industry

Savings Banks (Public/State-Owned) (FSABAKAK)

Keywords

• Community banking services
• Personal banking products
• Business lending solutions
• Deposit account services
• Commercial loan financing

Headquarters

HQ city

Redding

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income on Loans: Primary revenue from interest charged on personal and business loans including construction loans, mortgages, lines of credit, equipment loans, and personal installment loans.
2. Deposit Account Fees: Monthly service charges on checking, savings, and money market accounts when balance falls below minimum thresholds. Transaction fees per debit, deposit, and item deposited.
3. ATM and Card Fees: Annual fees for MasterCard debit cards ($15/year), surcharges for foreign ATM withdrawals, and fees for additional ATM transactions beyond free allowances.
4. Paper Statement Fees: $3 monthly fee for customers requesting paper statements instead of electronic statements.
5. Safe Deposit Box Rental: Annual rental fees ranging from $25 to $125 depending on box size, plus $25 refundable key deposit.
6. Cash Management Services: Business cash management features including wire transfers and ACH transactions subject to approval and application.
7. Certificate of Deposit Interest: Interest paid to depositors on CDs; bank profits on spread between loan rates and deposit rates.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels1 record

Core offering

North Valley Bank is a locally owned community bank offering personal and business deposit products (checking, savings, money market, CDs, IRAs), consumer and commercial lending (personal installment loans, home equity loans, construction loans, fix-and-flip loans, business loans, equipment financing, lines of credit, letters of credit), debit card services, cash management for businesses, safe deposit boxes, and electronic banking delivered through online, mobile, and telephone channels. The bank serves the North Denver Metro area of Colorado through two branches and digital channels.

Product overview

North Valley Bank is a community bank offering a unified banking platform with multiple product lines for personal and business customers. The core offerings include Banno Online™ Internet Banking (online/mobile banking platform) and NetTeller™ Cash Management, supplemented by deposit products (checking, savings, CDs, IRAs), lending products (personal loans, home equity, business loans, construction loans, credit cards), and convenience services (mobile banking, bill pay, telephone banking, remote deposit capture). The bank serves the Denver metro area with two physical branches and digital banking services.

Differentiator

Problem solved

Functional benefit

Products and services

• Personal Checking Accounts

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

Feature5 records

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• Glacier Bancorp: Multi-state community bank holding company that has actively acquired Colorado community banks. Comparable operating model at consolidated level, with a track record of consolidating community banks in growth markets like Denver metro.
• Heartland Financial USA: Diversified community bank holding company operating across the Mountain West, Midwest, and Southwest. Comparable business model emphasizing community banking, SBA lending, and commercial real estate finance.
• UMB Financial Corporation: Kansas City-based regional bank holding company with presence across multiple states. Comparable diversified community/commercial banking model with emphasis on commercial, treasury, and personal banking services.
• First Interstate BancSystem: Community bank holding company with Western U.S. footprint including Colorado. Comparable community banking model with personal and business banking, lending, and local decision-making at branch level across multiple states.
• CoBank: Denver-headquartered cooperative bank serving the Farm Credit System, agribusiness, and rural infrastructure. Comparable Colorado-rooted depository institution, though operating at much larger scale and broader mission than North Valley Bank.

Direct peers

• Flatirons Bank: Boulder, Colorado community bank serving individuals and businesses in the Front Range. Directly comparable on size, geography, and product mix — personal banking, business checking, construction lending, and local decision-making emphasis.
• Alpine Banks of Colorado: Family-owned community bank with multiple branches across Colorado. Comparable community bank model with personal and business banking, construction lending, and emphasis on local relationships in the same Front Range market.
• Cache Bank: Colorado-based community bank that operated in the Denver metro area with similar SMB and real estate lending focus. Closely comparable in scale and target market to North Valley Bank before its acquisition by Glacier Bancorp.

Others

• Bellco Credit Union: Denver-headquartered credit union serving the Colorado Front Range with consumer and business banking products. Competes directly with North Valley Bank for household deposits and consumer lending in the same metro market.
• Elevations Credit Union: Boulder/Denver-area credit union directly competing with North Valley Bank for retail deposits, mortgage lending, and consumer relationships in the same geographic market. North Valley Bank explicitly positions against credit unions like Elevations.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/north-valley-bank-thornton-co-

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

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 North Valley Bank