Alpine Banks of Colorado has announced it will pay quarterly cash dividends on Feb. 1.

The bank will pay a dividend of $24 per class A common share and 16 cents per class B common share. Those dividends represent a 33.3 percent increase over dividends paid in the previous quarter.

A $5.1 billion employee-owned organization headquartered in Glenwood Springs, Alpine Bank operates 39 locations across Colorado and serves a total of more than 160,000 customers. 

For more information, visit www.alpinebank.com.