Koger Propst has been promoted from president to chief executive officer of ANB Bank and a group of 30 banking centers that includes operations in the Grand Valley and Western Colorado.
Propst also serves as CEO of the Sturm Financial Group, the Denver-based parent company of ANB Bank.
Donald Sturm, chairman of ANB Bank and the Sturm Financial Group, announced the promotion.
“We are extremely fortunate to have Koger’s comprehensive banking expertise and leadership skills in building our teams and our banking centers,” Sturm said. “It is wonderful to see the growth in our ability to serve the needs of our customers and the development of ever stronger and mutually satisfying banking relationships.”
Propst said ANB Bank thrives by providing relationship banking and products and services that fit customers’ needs. “I am honored and thankful to be part of the ANB Bank team of bankers as we fulfill this vital role in the local communities we serve.”
Propst brings to his latest duties 35 years of experience in the financial industry. Prior to joining ANB Bank as president in 2011, Propst worked with FirstBank for 28 years, ultimately achieving the position of executive vice president of FirstBank Holding Co. He previously served as president of several FirstBank locations.
Propst holds a bachelor’s degree from the University of Denver and graduated from banking schools in Atlanta and Madison, Wis.
Propst is a past chairman of the Colorado Bankers Association, Community First Foundation and Colorado Board of Trustees of the Nature Conservancy. He currently serves on the American Bankers Association government relations council and the board of the Colorado Cattlemen’s Land Trust.
ANB Bank operates a total of 30 banking centers in Colorado and Wyoming as well as the Kansas City area. With more than $2.6 billion in assets, ANB Bank ranks in the top
6 percent of banks nationwide by size.