Mesa National to consolidate with sister banks |

Mesa National to consolidate with sister banks

Staff Report

GRAND JUNCTION- Mesa National Bank hopes to offer better service by consolidating with other regional banks under the name American National Bank on Presidents Day, 2004.

The consolidation will give customers multiple locations to bank at and provide a larger base for loans, said Mesa National Bank President and CEO Bill Sisson of Grand Junction.

Mesa National Bank is owned by the family of Don and Sue Sturm.

Sturm Financial Group, Inc. plans to consolidate the four banks it owns in Colorado and Wyoming: Mesa National, The Bank of Cherry Creek, Western National Bank and American National Bank.

After the consolidation, American National Bank will have assets exceeding $1.3 billion.

Customers will have 32 banking locations and 58 ATMs in Colorado and Wyoming.

Don Sturm, owner of Sturm Financial, said the new name will be the biggest change.

“The new consolidated American National Bank will be owned by the same people, operated by the same people, be in the same locations, while still leaving decisionmaking to local bank management,” he said.

“We intend to provide the same high-quality service,” said Sturm.

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