Alpine Bank contributes $2.35 million to nonprofits through loyalty card program

Glen Jammaron

Alpine Bank contributed $2.35 million to nonprofit organizations throughout Colorado in 2023 as part of a loyalty debit card program.

The bank fell short of its goal of raising $2.5 million. But a record 23 million debit card transactions resulted in a total of  $2.35 million in donations — a dime for each transaction.

“It was a stretch goal, and we knew it. This being our 50th anniversary year, we didn’t want to play it safe. It’s not the Alpine way,” said Glen Jammaron, president of Alpine Bank.

The bank donates 10 cents for every personal debit card transaction, contributions directed by customers to support the arts, community, education and environment as well as Colorado Mountain College, Fort Lewis College and Children’s Hospital Colorado.

The bank donated $352,513 to the arts, $734,091 to community causes, $535,400 to environmental causes, $305,638 to educational causes, $103,219 to Colorado Mountain College, $33,000 to Fort Lewis College and $285,000 to Children’s Hospital Colorado.

As part of its 50th anniversary in business, Alpine Bank employees were given $500 each to donate to the nonprofits of their choice — a total of $426,500 to 355 organizations.

Additional charitable gifts totaled $4.17 million, and bank employees contributed a total of more than 17,000 hours of volunteer service.

A $6.5 billion, employee-owned organization headquartered in Glenwood Springs, Alpine Bank operates locations across Colorado. For additional information, log on to the website at www.alpinebank.com