Community Banks of Colorado to rebrand after acquisition

Community Banks of Colorado to Rebrand as Vista Bank

Community Banks of Colorado is set to undergo a significant transformation as it prepares to rebrand its 36 branches across the state as Vista Bank. This change comes following the acquisition of Dallas-based Vista Bancshares by the bank’s parent company, National Bank Holdings.

With the acquisition finalized, National Bank Holdings will be adopting the Vista title for nearly all of its 80 branches in the Midwest and Texas. Brendan Zahl, president of Community Banks of Colorado, expressed his excitement about the rebranding, stating, “For some time, we have been looking for a name that would unite our enterprise. We have found that with Vista Bank.”

The acquisition of Vista Bancshares by NBH involved a substantial sum of $377.4 million, with Vista shareholders receiving a combination of cash and NBH stock. This strategic move has resulted in NBH now boasting $12.6 billion in assets and $10.7 billion in deposits across nine states.

While the name is changing, the commitment to serving clients efficiently remains the same. The only bank brand retaining its name in the acquisition is Bank of Jackson Hole in Wyoming.

NBH’s deposit share in the Denver metro area ranks 10th, representing 2.05% of the total market. Looking ahead, Zahl mentioned that NBH is open to strategic opportunities for further expansion in Colorado, positioning the bank to capitalize on the evolving landscape of the banking industry in the state.

Founded in 2009, NBH acquired Community Banks of Colorado in 2011 and subsequently relocated its headquarters to Colorado in 2012.