Alpine Bank donates $426,500 as part of anniversary celebration

Bob Young

Alpine Bank has donated a total of more than $425,000 to selected organizations as part of a celebration of 50 years in business.

Each of 853 Alpine Bank employees directed a one-time gift of $500 to an eligible Colorado nonprofit, bringing to $426,500 the total awarded through the 50 years of philanthropy campaign. Some organizations received more than $500 because they were selected by more than one employee.

The gifts were awarded on Aug. 1, also the anniversary of Colorado statehood.

“I think it’s impossible to separate where business interests end and where society’s begins,” said Bob Young, founder and chairman of Alpine Bank. “What makes a good banker is somebody who carries the same values. A good bank is one who can fully support the community in the most positive way.”

Colorado Gov. Jared Polis issued a proclamation designating Aug. 1, 2023 as Alpine Bank Day. The proclamation notes that since the bank was founded in 1973, it’s provided a total of more than $55 million in grants, scholarships, sponsorships and other donations.

A $6.5 billion employee-owned organization headquartered in Glenwood Springs, Alpine Bank operates locations across the state and serves 170,000 customers. For more information, visit www.alpinebank.com.