Board Meetings
The notices regarding Board Meetings are updated no later than the 10th of each month. Posting of "Use of Name" requests are done as needed. If you have any questions with regard to this information, please contact the Division at 303-894-7575.
The Banking Board meets the third Thursday of every month at 10:00 a.m. MDT and, with the exception of Executive Sessions, meetings are open to the public. The public is invited to attend in person at 1560 Broadway, Denver, Room 100D or via the Zoom link listed below; the passcode is 832326:
https://us06web.zoom.us/j/84181226499?pwd=bGNmdFcwOHo3d3hnekJhblRDUlk1UT09
The bulletin lists applications from previous months that have been approved by the Banking Board or the State Bank Commissioner via delegated authority granted by the Banking Board. Transactions remain on the bulletin until completed. Bulletins from the previous few calendar years are listed in the Documents at the foot of this page.
Notice of Proposed Rulemaking
PLEASE BE ADVISED THAT, as required by Section 24-4-103, C.R.S., of the State Administrative Procedures Act, the Colorado State Banking Board (Banking Board) hereby gives notice of proposed rulemaking. A virtual and in-person hearing is scheduled for Thursday, April 17, 2025, commencing at 10:00 a.m. at 1560 Broadway, Room 100D, Denver, Colorado 80202. The virtual hearing is available via the Zoom link listed above.
Click Here for The Notice of Proposed Rulemaking
Click Here for the Proposed Changes to Commercial Bank Rules
Click Here for the Proposed Changes to Trust Companies Rules
Click Here for the Proposed Change to Administrative Rule 13
Hearings
Hearings will be listed on the Agenda. They are not held every month and are conducted on applications for:
- De Novo Charters
- Money Transmitter Licenses
- Rulemaking
- Other items requiring action by the Banking Board
Press Releases & Statements
April 2023: DORA released an update to its 2020 "Roadmap to Cannabis Banking & Financial Services." Access the new "Roadmap 2.0 - Cannabis Banking, Financial Services & Insurance" here
December 2023: Board Action Etana Custody Inc.
March 2024: Consent Order regarding Sigue Corporation (Sylmar, California)
October 2024 Updated Nonbank Ransomware Self-Assessment Tool (R-SAT) – Available now
Download the updated Nonbank Ransomware Self-Assessment Tool (R-SAT) today to evaluate your institution’s cybersecurity posture. This critical and repeatable cybersecurity tool is easy to use, and designed to assist nonbank companies of all sizes assess their readiness for ransomware attacks. This updated Nonbank R-SAT was developed collaboratively by CSBS, state bank examiners, the Bankers Electronic Task Force, and the U.S. Secret Service in response to the increasing cyber threat environment and evolutions in company control environments.
January 2025: Consent Order Block Inc.
March 2025: Consent Order Sigue Corporation
Use of Name Requests
The use of the words "Bank," "Trust," and "Trust Company" in any Colorado corporate filing is restricted by Sections 11-107-101 and 11-109-102, C.R.S.
- All requests for Use of Name must be approved by the Division of Banking prior to filing with the Colorado Secretary of State.
- Requests filed with the Division will be posted on this page for a fourteen (14) calendar day period, during which the public may submit any questions, comments, or objections on the proposed name.
- Questions, comments, or objections should be directed to 303-894-7575 or email DORA_BankingWebsite@state.co.us.
A "Use of Name" request was received by the Colorado Division of Banking from Sunwest Bank (Sandy, Utah) to use the name "Sunwest Bank" in Colorado. Questions, comments, or objections should be directed to dora_applications@state.co.us, or call 303-894-7575.
The fourteen (14) calendar day period for either submission of comments or objections regarding these requests will expire on May 21, 2025.
Documents
You may scroll through the list below, or for better accessibility click here to view and download the spreadsheet.