Alpine Bank celebrates the enduring legacy of Founder J. Robert “Bob” Young
Globenewswire·2025-12-12 20:25

Core Insights - The passing of J. Robert "Bob" Young marks a significant loss for Alpine Bank and the community, as he was a pivotal figure in its establishment and growth [2][4][5] - Young's legacy includes a commitment to community service, employee ownership, and a culture of integrity within the bank [3][5][6] Company Overview - Alpine Bank, founded in 1973, has grown to become a respected financial institution in Colorado with 39 locations and $6.8 billion in assets [3][6] - The bank employs 890 people and serves approximately 170,000 customers, offering a range of financial services [6] Leadership and Impact - Bob Young's leadership philosophy emphasized caring for others and community connection, which has shaped the bank's mission [2][5] - Young's initiatives included the introduction of an employee stock ownership plan (ESOP) in 1983, fostering employee investment in the bank's future [3] Community Engagement - Young was actively involved in community service and philanthropy, notably through the creation of the Alpine Bank First-Generation Scholarship, benefiting over 300 college students [4] - His contributions extended to leadership roles in the Colorado Bankers Association and the Colorado state banking board [4] Legacy and Future - The values instilled by Young continue to guide Alpine Bank, ensuring a commitment to community service and integrity [5] - The bank's five-star rating from BauerFinancial reflects its superior performance in the financial sector [6]

Alpine Bank celebrates the enduring legacy of Founder J. Robert “Bob” Young - Reportify