Summit Bank & Trust

Denver Post Covers CIC Bancshares Merger Plans with Heartland Financial

See the Denver Post article on the CIC Bancshares and Heartland Financial merger announcement.

CIC Bancshares, Inc., parent company of Centennial Bank, headquartered in Denver, Colorado, announced today that it has entered into a definitive merger agreement with Heartland Financial USA, Inc., which is expected to close during the first quarter of 2016. Heartland’s Colorado-based subsidiary, Summit Bank & Trust, will operate under the Centennial Bank name. This acquisition will bring the combined bank to 17 full service banking locations with total assets of over $900 million in Colorado. Kevin Ahern will continue to be the Executive Chairman of the Board of Centennial Bank and Jim Basey will be President and CEO. More info.

 

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