Gerard
Nalezny/ Mark Kross
Fort Collins Commerce Bank
(in organization)
(970) 204-1010
Local Bankers Complete Capital Raising
Efforts
Fort Collins Commerce Bank (in organization)
Moves Closer to Opening
FORT COLLINS,
Colo.:April
23, 2005 – Local bankers Gerard Nalezny
and Mark Kross today announced they have completed
their capital-raising efforts for Fort Collins
Commerce Bank (in organization). Pending state
and regulatory approvals, the proposed bank is
scheduled to open mid-summer 2005 at 3700 South
College Avenue in the old Palmer Florist building.
“The immediate response
from the community enabled us to raise more
than $8 million in funding in a very short time,”
said Kross. “This type of financial support
sends a clear message that there is a need and
a desire for the type of high-touch, relationship-based
service our community bank will deliver.”
Nalezny and Kross announced
plans to organize a community bank in Fort Collins
in February. Fort Collins Commerce Bank (in
organization) will focus on providing personalized
banking services to small to medium-sized business
owners, real estate professionals and individuals
within Fort Collins and the surrounding communities.
“We are building
this bank as a local, community bank with a
local management team that makes its decisions
right here in Fort Collins,” added Kross.