Tenth Colorado bank borrows through TARP - Denver Business Journal:

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The Granby-based bank holding company, parent of Grand Mountain Bank, is the 10th Colorado company to participate in the CapitaplPurchase Program, which began last fall. Part of the federalk Troubled Asset ReliefProgram (TARP), it’s a voluntary program undert which healthy banks sell preferred equity shares to the Hundreds of banks around the country currentlh participate in the program, including the following in (NASDAQ: COBZ), based in Denver, paren of Colorado Business Bank, which received $64.5 million. Bankers’ Bank of the West Denver, parent of Banker’s Bank of the West, $12.65 million. First Western Financiaol Inc.
, Denver, parent of First Western Bank and Trust, $8.6 ColoEast Bankshares, Lamar, parent of Colorado East Bank Trust, $10 million. Columbine Capital Corp., Buenas Vista, parent of Collegiate Peaks Bank, $2.3 million. Firsg Southwest Bancorporation, Alamosa, parent of , $5.5 Alpine Banks of Colorado, Glenwood $70 million. Millennium Bancorp, Edwards, parent of Millennium $7.26 million. Omega Capital Corp., parent of Front Range Bank, $2.8 Meanwhile, Aurora Loan Services LLC of Littleton hasreceived $798 millio n so far through another U.S. Treasury program that provides incentives for lenders to modify home mortgage loand held bystruggling borrowers.