InBank Launches New SBA Lending Division as INTQ Financial

InBank, a growing independent commercial bank serving the Colorado Front Range, southern Colorado, and northern New Mexico markets, announced today that it has launched a new small business lending division branded as INTQ Financial (INTQ).

In a strategic partnership with NOVATRAQ®, a premier cloud-based software platform for small business lending, INTQ Financial will originate and service SBA 7(a), SBA 504, and USDA loans to borrowers nationwide.  This move follows the announcement in May 2023 that InBank was selected by the Small Business Administration (“SBA”) as the “Small Bank Lender of the Year” for the state of Colorado.

InBank plans to expand its existing SBA lending team and add additional resources to create the new division, which will be led by industry veteran Tim Romano as Managing Director of INTQ Financial.

“We are thrilled to be launching INTQ Financial to deepen our commitment to SBA lending, and to pursue new opportunities for InBank through INTQ Financial.  We aim to make the SBA and USDA lending process easier for small businesses, and we also plan to work in cooperation with other banks that don’t have SBA lending capabilities,” says Ed Francis, Chairman and CEO of InBank.  “We look forward to combining Tim Romano’s SBA lending expertise and the long-term relationship with NOVATRAQ to provide small business customers and bankers with the most robust and integrated small business lending solutions available in the marketplace.”

As a division of InBank, INTQ Financial will be headquartered in the bank’s Greenwood Village, Colorado location. In addition to its existing Colorado presence, INTQ has already begun its expansion plans with the addition of SBA Sales Executives in key markets for the company, including Arizona and Georgia, and expects to continue hiring experienced loan origination and servicing professionals to support its growth plans.

“This is a unique opportunity to build upon InBank’s Lender of the Year status in Colorado and grow it into a national presence,” says Tim Romano, Managing Director of INTQ Financial.  “I understand the vision that Ed Francis and NOVATRAQ’s founder and CEO, Louis Taylor, have for INTQ Financial — their shared commitment to excellence and customer experience — and I am looking forward to leading our team focused on executing that vision.”

About InBank

InBank is the wholly-owned subsidiary of InBankshares, Corp (OTCQX:INBC), a Colorado-headquartered bank holding company. InBank is an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. At June 30, 2023, InBank had $1.30 billion in total assets. InBank offers a full suite of commercial, business, personal and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

InBank Names Bo Scott as New President

InBank, a growing independent commercial bank serving the Colorado Front Range, southern Colorado, and northern New Mexico markets, announces today that it has named veteran banking executive, Bo Scott, as President and Chief Commercial Banking Officer. Ed Francis, the current Chairman, CEO and President of InBank and InBankshares, Corp (OTCQX:INBC), will continue to serve as CEO and Chairman for both as the bank continues its growth trajectory and prepares for additional expansion plans.

Bo Scott has over 25 years of banking and financial institution experience and will serve as President and Chief Commercial Banking Officer of InBank. Previously, he held the position of Executive Vice President at UMB Bank, leading the Colorado commercial bank, and Senior Vice President at US Bank where he managed multiple West Coast markets for the Emerging Business division.

“It is an honor to welcome Bo to our executive leadership team and we look forward to quickly integrating his leadership and deep experience in commercial banking into the InBank team,” says Ed Francis, Chairman and CEO of InBank. “We are confident Bo will help us accelerate our organic growth.  His acumen for attracting top talent and his deep experience in C&I lending will afford us new opportunities to open doors for new clients and talented bankers.”

“Joining InBank is an exciting new chapter for me and I am very enthusiastic about being a part of the talented and experienced executive team at InBank and contributing to a high-growth organization that will be strengthening its position in the marketplace,” says Bo Scott, President and Chief Commercial Banking Officer of InBank.

InBank’s expansion plans include an increased presence along the 1-25 corridor from Northern Colorado through the Denver Metro Area south to Colorado Springs and recruitment of additional commercial bankers to serve the needs of business owners throughout the Front Range.

About InBank

InBank is the wholly-owned subsidiary of InBankshares, Corp (OTCQX:INBC), a Colorado headquartered bank holding company. InBank is an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. At June 30, 2023, InBank had $1.30 billion in total assets. InBank offers a full suite of commercial, business, personal and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

InBank Welcomes Steve Shear and Liz Pike to Senior Leadership Team

InBank, a growing independent commercial bank serving the Colorado Front Range, southern Colorado, and northern New Mexico markets, announces today that it has added Steve Shear and Liz Pike, two talented and experienced bankers, to its leadership team.

“The addition of Steve and Liz to our senior leadership team is another great win for the InBank team. Their talent and leadership will help us achieve several strategic objectives that will continue to fuel our organic growth,” says Ed Francis, Chairman and CEO of InBank. “Steve and Liz bring a wealth of experience in building teams that drive core deposit growth. Their expertise in retail and private banking leadership will help expand our service offerings in these areas as we strive to build market share. They are a great complement to our team that has had a strong track record of success.

 

READ — The Women to Watch of InBank

Steve Shear joins InBank as Chief Deposit & Private Banking Officer. Steve will be responsible for managing InBank’s overall deposit function. He will also lead InBank’s Private Banking division, focused on delivering custom banking solutions to business owners and high-net-worth individuals. Prior to joining InBank, Steve was the Executive Vice President, Director of Treasury & Commercial Services at Central Bank & Trust and has held leadership positions at First Western Trust and J.P. Morgan Chase.

In Bank: Headshots
Steve Shear

“I am thrilled to be joining InBank at such an exciting time,” stated Steve. “I look forward to developing strategies to support our new and existing clients, and contributing to the Bank’s continued growth in the markets we serve.”

Liz Pike joins InBank as Senior Vice President, Director of Retail Banking. She will be part of the Bank’s senior leadership team and responsible for leadership, strategy development and implementation, and direct oversight of branch operations for the InBank retail banking team. Prior to joining InBank, Liz was a Senior Vice President and Head of Retail Banking for Citywide Banks.

“I am pleased to be a part of such a service-oriented and enthusiastic team,” added Liz. “I look forward to collaborating with this outstanding group of bankers and building on our already great service culture.

 

 

 

 

About InBank:

InBank is the wholly-owned subsidiary of InBankshares, Corp (OTCQX:INBC), a Colorado headquartered bank holding company. InBank is an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. At December 31, 2022, InBank had $1.24 billion in total assets. InBank offers a full suite of commercial, business, personal, mortgage and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

InBank and InBankshares, Corp Announce Mark Christian as Executive Vice President and Chief Operations Officer

InBankshares, Corp (OTCQX: INBC) and its wholly owned subsidiary InBank (together, the “Company”), an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets, announced earlier this month that they have added veteran banking and operations executive Mark Christian as Executive Vice President and Chief Operations Officer. InBank had total assets of just over $1.2 billion as of September 30, 2022.

Mr. Christian has over 35 years of experience in bank operations and systems, including branch administration, IT strategic planning, system conversions and optimization, and mergers and acquisitions. Most recently, Mr. Christian held the position of Executive Vice President, Operations & Systems Group, for Pacific Western Bank (Nasdaq: PACW), a national financial institution with over $41 billion in assets.

“I am very excited to welcome Mark to our executive leadership team. He will lead all operations and technology for InBank as our new Chief Operations Officer,” says Ed Francis, Chairman of the Board, President and Chief Executive Officer for the Company. “Mark’s deep expertise in scaling banks across the western US will add significant depth to our leadership team and position us well for continued success in growing our Colorado and New Mexico markets.”

As Executive Vice President and Chief Operations Officer, Mr. Christian will be responsible for operations and systems for the Company.

“It is a great pleasure for me to join InBank and to have the opportunity to make immediate contributions that will add to the health and growth of the organization, create efficiencies in our systems, strengthen relationships with our customers, associates and partners, and ultimately build shareholder value,” says Mr. Christian.

 

InBankshares, Corp (OTCQX: INBC) is the holding company for InBank, an independent commercial bank serving the Colorado Front Range, southern Colorado and northern New Mexico markets. InBank had total assets of just over $1.2 billion as of September 30, 2022.  InBank offers a full suite of commercial, business and personal banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.

InBank adds senior bankers and expands to Boulder/Northern Colorado Market

InBank announces that it has added four senior bankers and additional support staff with plans to open a Loan Production Office (LPO) in Boulder and expand its presence in the Boulder and Northern Colorado market.

InBank’s new hires as part of the Boulder-area expansion include Adrianne Tracy, Senior Vice President, Boulder Market President; Andrew Sauer, Senior Vice President, Treasury Management; Stephanie Miller, Vice President, Private Banking; Zac Claeys, Assistant Vice President, Treasury Management & Payment Implementation Officer and Charlene Garcia, Senior Loan Assistant. InBank has also added Casey Stelman, Vice President, Commercial Banker, who joins the bank’s Denver Tech Center (DTC) location.

“We are very excited to announce that we have added several senior bankers to our team as we continue to invest in the growth of InBank. This investment includes an established team in the Boulder market that will help us build-out our footprint in the Boulder and Northern Colorado area,” says Ed Francis, CEO, InBank.  “We are currently securing space for a Loan Production Office (LPO) in Boulder with plans for full-service locations in the near future. This will allow us to support our existing clients in this market and attract new customers who are looking for a relationship-banking experience with local decision-making and experienced banking professionals who understand the nuances of business.”

Adrianne Tracy will serve as Senior Vice President, Boulder Market President for InBank. She is a commercial lender with nearly 20 years of experience in the banking industry. Prior to joining InBank, Tracy was Senior Vice President and North Metro Market President for Citywide Banks and a Vice President and Commercial Lender for Colorado Business Bank. She has a Master of Business Administration from University of Colorado, Boulder Graduate School of Banking, a B.S. in Business Administration from the University of Nebraska, Lincoln and a B.A. from the University of Nebraska, Lincoln.

“We are excited to join InBank and to continue to serve our customers in Boulder and throughout the Northern Colorado market with a positive and personalized banking experience,” says Adrianne Tracy, Senior Vice President, Boulder Market President, InBank. “InBank’s entrepreneurial spirit and commitment to innovation, happiness and respect truly mirrors the values of Boulder and the surrounding communities and we look forward to expanding the InBank presence here.”

Andrew Sauer joins InBank as Senior Vice President, Treasury Management with has nearly 20 years of experience in the financial industry and a focus on treasury management. Prior to joining InBank, he was Vice President of Treasury Management for Citywide Banks and led sales and marketing efforts for a de novo bank in the growing Las Vegas market. He has a B.A. in Communications from Concordia University.

Stephanie Miller joins InBank as Vice President, Private Banking with 18 years of experience. Prior to joining InBank, she was a private banker for Citywide Banks. She has a B.A. from the University of Colorado, Boulder and holds a Certified Wealth Strategist (CWS) designation from Cannon Financial Institute.

Casey Stelman is an experienced commercial banker in the Denver Metro Area. Prior to joining InBank, she was a Commercial Relationship Manager for BOK (formerly CoBiz). She has a B.S. in Finance from Metropolitan State University of Denver.

InBank is a wholly owned subsidiary of InBankshares, Corp (OTCQX: INBC) and an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. InBank offers a full suite of commercial, business, personal and mortgage banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com