American National Bank plans to shorten its name

Donald Sturm, ANB Bank

A bank that operates locations in Grand Junction and other Western Colorado communities plans to soon change its name and some services, but not its ownership.

Effective Dec. 30, American National Bank will become ANB Bank, said Donald Sturm, the chairman and chief executive officer of the bank.

“We’re matching our new name with the more innovative banking services we’re bringing to our customers,” Sturm said.

Koger Propst, the new president of the bank, said the shorter name will be more simple and that many customers already think of the bank that way. What’s more, the new name will match the Web site address of the bank.

“In 2012, we’ll be bringing our customers even easier ways to do business with us, such as online account opening and even better mobile banking,” Propst said.

Other things won’t change, however.

“We will continue to be the locally owned bank we have always been,” Sturm said. “Our people, locations and our personalized service will continue to be right here, to serve our customers.”

A member of the Sturm Financial Group, a privately held Colorado bank holding company, American National Bank operates a total of 36 locations in Colorado and Wyoming and has assets of more than $1.7 billion.

American National Bank was adopted as the name for the bank early in 2004 following the consolidation of four banks owned by the Sturm Financial Group.

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Posted by on Nov 23 2011. Filed under Business News. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.

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