Fort Collins Banker Headed to Washington to Discuss Tax Reform

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Sue Wagner, Senior Vice President at Bank of Colorado has been asked to join the President of the United States in the Oval Office as part of a fireside chat with community business leaders from across the country. Wagner will head to the White House on Wednesday, January 31st along with other representatives to discuss the Administration’s recent Tax Reform Bill and its impact on the business community. The eight attendees directly benefited from their employer providing tax bill bonuses, and they will be discussing the lasting impact this could have in their communities. Many businesses around the country applauded the administration’s efforts and passed the savings immediately onto their workforce. Bank of Colorado provided $1,000 bonuses to all full-time employees, one of the first community banks in Colorado to do so.

Sue Wagner is the perfect person not only to represent Bank of Colorado, but the State of Colorado. Wagner has been in the banking industry for 35 years and has been with Bank of Colorado since 2012. Wagner is a graduate of Colorado State University and in March of 2017, she was recognized by BizWest as one of twelve Business Women of Distinction.

“I’ve had the pleasure to serve the people and businesses of Northern Colorado for many years,” Sue commented, “and I am honored to represent Bank of Colorado at the White House to discuss the impact of tax reform and share my perspective as a strong advocate for community banking.”

Bank of Colorado is headquartered in Fort Collins, and is part of a family of banks held by Pinnacle Bancorp, serving eight states. The Tax Reform bonus of $1,000 was given to all of its employees in all the communities Pinnacle Bancorp serves. Shawn Osthoff, President of Bank of Colorado states, “Community banking is a vital component to the communities we serve here in Colorado and across the country. We feel strongly that the recent moves by the Administration will benefit all Americans and we wanted share the savings of the tax reform with our 641 associates.”

Community banks are locally focused and are deeply involved in their communities. Bank of Colorado has a rich heritage of supporting local businesses and consumers in communities it serves. Local decision making and long-standing relationships are strong differentiators for community banks such as Bank of Colorado. In addition, community banks are well-capitalized and are well positioned to serve Colorado small businesses and consumers.