County's banking goes to Alpine
By Hank Lohmeyer
Published Thursday, April 20, 2017 8:30 am
The Board of County Commissioners on Monday chose Alpine Bank as the local financial institution to provide the county's financial service needs.
Alpine's offer for the county's business included no requirement for a minimum balance, no bank fees charged for four years, and a free supply of the first 250 checks.
The Alpine offer was recommended by county treasurer Lisa Tafoya who reported that seven county officials heard and evaluated presentation by local banks for the county's business.
Tafoya said she had gotten references from neighboring counties that use Alpine Bank services including the counties of Mesa, Ouray and Montrose.
The commissioners approved a 48-month banking services agreement with Alpine, with the stipulation the county could abrogate the agreement if it proves unsatisfactory.
The deal does not include the county's credit card business which is handled through US Bank.