Alpine Banks of Colorado Names New Leadership Team

GLENWOOD SPRINGS, Colo., Sept. 10, 2026 /CourierPR/ -- Alpine Banks of Colorado, a $6.8 billion independent, employee-owned bank founded in 1973, has announced significant leadership changes effective September 10, 2026. Glen Jammaron, who has been serving as the President/CEO and Chairman of both Alpine Banks of Colorado and its wholly owned subsidiary, Alpine Bank, will now focus exclusively on high-level banking directives. This decision underscores the bank’s commitment to maintaining its culture, brand, and values.

In Jammaron's place, Jay Rickstrew, who currently holds the position of Chief Retail Officer at Alpine Bank, has been appointed President and Vice Chairman of the Company, as well as President of Alpine Bank. Rickstrew will take on the responsibility of overseeing the day-to-day operations of the company and its subsidiaries, ensuring operational and financial performance.

Additionally, Matt Teeters, who has served as the Regional President of Alpine Bank, has been promoted to Chief Retail Officer. In this role, Teeters will oversee all retail banking functions, including deposit and loan operations, marketing, mortgage services, and wealth management.

Alpine Banks of Colorado’s President, Glen Jammaron, expressed confidence in the new leadership structure, stating, "These leadership appointments reflect our commitment to thoughtfully preparing the bank for the future while staying true to who we are. By building greater focus and alignment across our leadership team, we seek to position the bank for continued success while remaining dedicated to our customers, communities, employees, and shareholders."

Established in Glenwood Springs, Colorado, Alpine Banks of Colorado serves 170,000 customers with a wide range of services including personal, business, wealth management, mortgage, and electronic banking across Colorado’s Western Slope, mountains, and Front Range. The bank has a five-star rating from BauerFinancial, an independent organization that analyzes and rates the performance of financial institutions in the United States.

These changes are part of a broader strategy to enhance the bank's operational effectiveness and ensure a seamless transition in leadership. Alpine Banks of Colorado continues to prioritize its customers, communities, and employees in its ongoing efforts to maintain its position as a leading financial institution in the region.