Posted: September 04, 2013
2013 Top Company winner: FinancialBy Gigi Sukin
Winner: Mercury Payment Systems
Established in 2001, Durango-based Mercury is a fast-growing, award-winning payment processing company devoted to streamlining the payment chain for its clients.
Considered the pioneer of integrating payment processing into point of sale (POS) systems and the recognized market leader for POS developers and dealers, Mercury’s scale enables payment innovation and support that many merchants previously couldn’t afford.
The intersection of mobile devices, fraud reduction, social and Web-marketing is driving unprecedented change. The organization’s biggest challenge is innovating responsibly for its channel, payments and technology partners.
Consumers continue to demand a more personalized, rewarding and positive experience when spending their hard-earned money. Mercury is working with leading developers to revolutionize the new “point-of-purchase” experience.
Quote of Note
“Merchants demand point of sale systems and services that help build their businesses. With Mercury, they are tapping the power of gift cards, promotions and secure, reliable transactions without the hassle of technology integration or fragmented support and billing.” – CEO Matt Taylor.
The national cooperative bank, based in Greenwood Village, was created in 1989 and provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers nationwide.
CoBank’s customers are also its owners. As a mission-based lender, CoBank bases its success on communities where its associates, directors and customers live and work.
The low interest environment engineered by the Federal Reserve to stimulate the economy continues to be a challenge for all banks, including CoBank, since it translates to lower overall returns on invested capital.
On Jan. 1, 2012, CoBank merged with Wichita, Kan.-based U.S. AgBank, establishing a $90 billion asset financial institution, the largest headquartered in Colorado.
Recognizing that agribusinesses and rural infrastructure customers operate in a dynamic, fast-changing market, CoBank expects to continually evolve to serve as a financial partner with its clients and customers.
First Western Trust
Founded in 2002, First Western is a wealth management company in Denver, dedicated to the Western entrepreneur, providing comprehensive, tailored solutions in private banking, investment management, trusts and estates, and wealth planning so clients can reach their personal, business and philanthropic goals.
With a unique, holistic approach called ConnectView, First Western enables its associates to see how every financial decision – investment, real estate holding, trust or philanthropic endeavor – affects others, allowing them to create plans that most effectively meet clients’ objectives.
First Western works hard to anticipate its clients’ wealth management needs and attempts to keep ahead of the region’s most innovative businesses.
Success with leveraging new opportunities on behalf of clients is a continued accomplishment, along with adding resources focused on philanthropy and community service.
Quote of Note
“We can say we are successful entrepreneurs serving successful entrepreneurs.” – Scott Wylie, First Western chairman and CEO.
Gigi Sukin is an Associate Editor at ColoradoBiz. She can be reached at email@example.com.