Banking Finance News

Sunwest Bank Completes Acquisition of Former MidWestOne and Bank of Denver, Colorado Branches from Nicolet National Bank

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Sunwest Bank announced it has completed its acquisition of the former MidWestOne and Bank of Denver, Colorado branches from Nicolet National Bank.

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The acquisition represents a major milestone in Sunwest Bank’s continued growth and significantly expands its presence across the Rocky Mountain region. By growing its branch network, Sunwest Bank is increasing its ability to serve entrepreneurs, businesses, and individuals with banking solutions, local decision-making, and exceptional client service.

Carson Lappetito, President & CEO of Sunwest Bank, said, “We are proud to officially welcome our new clients to Sunwest Bank as we complete this transaction. It reflects our long-term commitment to Colorado, and we look forward to building lasting relationships while delivering the personalized service, innovative solutions, and entrepreneurial spirit that define Sunwest Bank.”

Founded in 1969, Sunwest Bank has earned a reputation for combining financial strength, innovative technology, and relationship-focused banking. The acquisition expands the ability to deliver a full suite of commercial, treasury management, lending, and banking solutions to clients throughout Colorado.

“This acquisition is part of our long-term strategy to grow in markets where relationship banking makes a meaningful difference. We believe this investment positions us for continued growth in Colorado while strengthening the communities we serve,” said Robert Faver, Chief Banking Officer at Sunwest Bank.

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