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Company Profile for United Western Bancorp, Inc.


United Western Bancorp, Inc. owns United Western Bank, Colorado's largest federal savings bank Noun 1. federal savings bank - a federally chartered savings bank
FSB

savings bank - a thrift institution in the northeastern United States; since deregulation in the 1980s they offer services competitive with many commercial banks
 with $2.2 billion in assets. Under a new management team, United Western Bank has attracted veteran Colorado Colorado, state, United States
Colorado (kŏlərăd`ə, –răd`ō, –rä`dō), state, W central United States, one of the Rocky Mt. states.
 banking executives to expand from Denver throughout Colorado's Front Range market.

The company, formerly Matrix Bancorp, initiated a restructuring restructuring - The transformation from one representation form to another at the same relative abstraction level, while preserving the subject system's external behaviour (functionality and semantics).  in late 2005 to shed non-bank assets and refocus Verb 1. refocus - focus once again; The physicist refocused the light beam"
focus - cause to converge on or toward a central point; "Focus the light on this image"

2.
 on building its community bank network, serving individuals and small and mid-size business customers with new branch locations under development in the Cherry Creek Cherry Creek may refer to:
  • Cherry Creek Golf Links, Riverhead, New York
  • Cherry Creek, Columbus, Ohio
  • Cherry Creek, a tributary of the Cheyenne River in South Dakota in the United States
  • Cherry Creek, in Tuolumne County, California in the United States
 area of Denver, Boulder Boulder, city, United States
Boulder, city (1990 pop. 83,312), seat of Boulder co., N central Colo.; inc. 1871. A Rocky Mountain resort and a suburb of Denver, it is the seat of the Univ. of Colorado (1876).
 and Fort Collins. The company's subsidiary Sterling Trust Company manages more than $3.3 billion in assets, including approximately $301 million on deposit with United Western Bank. United Western Bank's SBA SBA
abbr.
Small Business Administration

Noun 1. SBA - an independent agency of the United States government that protects the interests of small businesses and ensures that they receive a fair share of government
 division is one of the nation's preferred lenders, originating more than $300 million since its inception in 1998.

More than 80% of Colorado's 4.7 million residents reside within United Western's target region, a 160-mile North-South corridor. Colorado's work force is one of the most highly educated in the nation, ranking fifth nationally based on residents with college degrees. It ranked eighth largest among the 50 states for personal income in 2005.
Company:                United Western Bancorp, Inc.

   Headquarters Address:   700 17th Street
                           Suite 2100
                           Denver, CO 80202

   Main Telephone:         303-595-9898

   Website:                http://www.unitedwesternbancorp.com

   Ticker:                 UWBK(NASDAQ)

   Type of Organization:   Public

   Industry:               Professional Services: Banking

   Key Executives:         CEO: Scot Wetzel
                           COO: Michael McCloskey
                           CFO: William Synder

   Investor Relations
     Contact:              Michael McCloskey
     Phone:                303-595-9898

   Investor Relations
     Contact:              Philip Bourdillon / Silverman Heller
                           Associates
     Phone:                310-208-2550
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Article Type:Company overview
Date:Sep 15, 2006
Words:252
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