Sunwest Bank Expands with Acquisition of Former Branches in Colorado

Sunwest Bank Successfully Acquires Branches in Colorado

SANDY, Utah and DENVER, July 29, 2026 /PRNewswire/ -- Sunwest Bank has officially completed the acquisition of former MidWestOne and Bank of Denver branches in Colorado from Nicolet National Bank. This strategic move marks a significant expansion of Sunwest Bank's footprint within the Rocky Mountain region, allowing the bank to strengthen its relationships with local entrepreneurs, businesses, and individuals by providing a broad range of banking solutions.

Carson Lappetito, President and CEO of Sunwest Bank, expressed pride in this milestone, stating that it underlines their ongoing dedication to Colorado and reflects their commitment to fostering meaningful relationships with new clients.

"We are thrilled to welcome our new clients as we finalize this transaction. Our focus is on delivering personalized service and innovative banking solutions that cater to the unique needs of our customers. This acquisition showcases our entrepreneurial spirit and commitment to serving the communities in which we operate," said Lappetito.

Since its inception in 1969, Sunwest Bank has established itself as a reputable institution known for its financial strength and technology-driven approach to banking. The recent acquisition positions the bank to offer an extensive suite of commercial banking services, treasury management, lending, and personalized banking solutions statewide.

Likewise, Robert Faver, Chief Banking Officer at Sunwest Bank, emphasized that the acquisition aligns with their long-term strategy to expand in markets where relationship-driven banking can create substantial impacts.

"By investing in Colorado’s banking landscape, we are not only prioritizing our growth but also enhancing the communities we serve," he stated.

A Hub for Entrepreneurs

Founded with the intent to empower entrepreneurs, Sunwest Bank prides itself on a strong capital foundation, making it well-equipped to navigate through various economic conditions. With assets exceeding $4 billion, the bank offers a plethora of services designed for both individuals and businesses, ensuring that clients receive direct access to decision-makers and timely responses to their banking needs.

The acquisition reinforces Sunwest Bank’s message of consistency and reliability, and establishes their position during economic fluctuations. Their Fortress Balance Sheet assures clients of financial security and promotes prudent credit management practices, which are vital in today’s dynamic market.

Notably, Sunwest Bank’s commitment to fostering an entrepreneurial culture sets it apart from its competitors. The flexibility and responsiveness that characterizes the bank’s services resonate well within the entrepreneurial community it aims to serve. Their dedication to discipline in financial practices complements their philosophy of empowering client growth and success.

As the bank moves forward with its expansion, clients can expect access to a full suite of banking services tailored to meet the diverse needs of the Colorado market. Sunwest Bank offers tailored lending solutions, treasury management services, and other financial products aimed at enhancing business operations and personal banking experiences.

Sunwest Bank invites current and prospective clients to learn more about their services through their website. Furthermore, updates on the Colorado expansion will be regularly posted to keep clients informed of new opportunities and initiatives.

With a vision centered on entrepreneurship and client success, Sunwest Bank remains dedicated to continuing its legacy of high-quality banking services that prioritize the individual needs of its clients in all market circumstances.

As they grow, Sunwest Bank looks forward to building lasting connections in Colorado, equipped with the resources and commitment necessary to ensure their clients not only thrive but also have an unparalleled banking experience.

For more information about Sunwest Bank and their new branches in Colorado, please access their dedicated acquisition page at Sunwest Bank Acquisition.