In today's challenging banking environment, First American State Bank is a rarity. As one of Colorado's leading independent banks, it has experienced 65 percent growth in the last five years and is continuing on an upwards trajectory. A community bank that knows every client by name, has expanded its local presence in Greenwood Village by increasing its staff and completing an expansion that brings its office space to more than 10,000 square feet.

Since opening its doors in 1995, First American State Bank has grown to more than $150 million in assets by focusing on offering exemplary service to its clients including independent business owners, high net-worth individuals and professionals.

"In spite of the steady growth of the bank, we have always kept sight of our goals which are to exceed the expectations of our customers and provide a superior return to our shareholders," says Jay Davidson, Founder, Chairman, and CEO of First American State Bank. "In addition to knowing our clients by name, we treat them as if they were family when it comes to their financial business. Questions and problems are resolved on the spot. Additionally, we are able to bring the bank to our customers with online banking, remote deposit capture and deposit pickup services."

As a community bank, First American State Bank continues to grow because it offers a full range of financial products typical of larger institutions, enhanced by personal attention and exceptional service that comes from a locally-owned bank committed to the local community. There are no long lines, automated phones or constantly changing personnel.

Davidson, President Nick Lepetsos and all the executive officers are shareholders of the bank. All banking decisions are made locally and all profits stay in the state. The bank is led by a strong Board of Directors, each with a diverse background and long history in the Denver area.

First American State Bank is deeply rooted in the general welfare and growth of the local community. Officers, directors and employees are extensively involved in local charities and the bank is the title sponsor of the First American State Bank Fitness Festival, held annually in September, for the benefit of Cherry Creek Schools Community Asset Project. The bank also provides special services, free checking and more to 501(c)3 nonprofit organizations.

To celebrate their expansion, the public is invited to view First American State Bank's new addition at an open house on November 8 from 2:00 p.m. to 6:00 p.m. at the Denver Tech Center, 8390 East Crescent Parkway in Greenwood Village.

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