Alison Vollbracht Winfield joins the Alpine Bank board of directors

Rhea-AI Summary

Alpine Bank celebrates its 50th anniversary with the appointment of Alison Vollbracht Winfield to the board of directors. Sworn in January 2023, Alison has extensive experience in business and nonprofit leadership. She is the daughter of the late William Vollbracht, one of the bank's founders. Alison has served in various roles, including operations manager at the University of Washington’s Haring Center for Inclusive Education. The bank, founded in 1973, operates as an independent, employee-owned organization with assets of $6.3 billion and a 5-star rating from BauerFinancial. Shares trade under the symbol ALPIB on the OTCQX® Best Market.

Positive

• Alison Vollbracht Winfield's leadership experience may bring fresh perspectives to the board.
• The bank has celebrated 50 years in operation, indicating stability and longevity.
• Alpine Bank's 5-star rating from BauerFinancial reflects its strong financial performance.

Negative

• Concerns may arise regarding continuity in leadership as a new board member transitions into the role.

At the bank’s 50-year mark, the Vollbracht family’s leadership comes full circle

Glenwood Springs, Colo., Feb. 23, 2023 (GLOBE NEWSWIRE) -- Alison Vollbracht Winfield, MBA, is the newest member of the board of directors of Alpine Bank. Sworn in on January, 2023, Alison brings decades of business and nonprofit leadership experience to Alpine Bank as it celebrates its fiftieth anniversary this year.

Alison is the daughter of the late William “Bill” Vollbracht, founder of Colorado’s Land Title Guarantee Company, who was also a founder of Alpine Bank with partner J. Robert “Bob” Young, chairman. The two started the bank in 1973.

“Bill was an important organizer as we first started our bank. Having known him at that time for more than 20 years, Bill’s influence was totally key,” says Bob. “Now 50 years later that energy, intellect and spirit lives on with Alison, stepping into her role as our newest director at Alpine Bank.”

Alison resides in Washington state and earned her master’s in business administration from the University of Washington. She serves as the operations manager for the professional development and training team at the University of Washington’s Haring Center for Inclusive Education. Alison joined the Haring Center after her daughter, who has Down syndrome, graduated from its Experimental Education Unit in 2014.

Prior to the Haring Center, Alison was a consultant at Hitachi Consulting for ten years where she supported several marketing and organization design projects at Microsoft.

Alison is also the cofounder and board secretary of the Summit Community Center, a nonprofit organization that supports young adults with intellectual and developmental disabilities in their continued growth and independence. She’s a longstanding board member and the current president of the Down Syndrome Community of Puget Sound.

           

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About Alpine Banks of Colorado

Alpine Banks of Colorado, through its wholly owned subsidiary Alpine Bank, is a $6.3 billion, independent, employee-owned organization founded in 1973 with headquarters in Glenwood Springs, Colorado. With banking offices across Colorado’s Western Slope, mountains and Front Range, Alpine Bank employs 890 people and serves 170,000 customers with personal, business, wealth management*, mortgage and electronic banking services. Alpine Bank has a 5-star rating — meaning it has earned a superior performance classification — from BauerFinancial, an independent organization that analyzes and rates financial institutions’ performance in the U.S. Shares of the Class B Nonvoting Common Stock of Alpine Banks of Colorado trade under the symbol “ALPIB" on the OTCQX® Best Market. Learn more at www.alpinebank.com/media.

*Alpine Bank Wealth Management services are not FDIC insured, may lose value and are not guaranteed by the bank.

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• Alison Vollbracht Winfield

FAQ

What leadership changes occurred at Alpine Bank in 2023?

In January 2023, Alison Vollbracht Winfield was appointed to the board of directors of Alpine Bank.

What is Alison Vollbracht Winfield's background?

Alison brings decades of experience in business and nonprofit leadership, previously serving as an operations manager at the University of Washington’s Haring Center.

What is the significance of Alpine Bank's 50th anniversary?

The 50th anniversary marks a milestone for Alpine Bank, showcasing its long-standing presence and commitment to the community.

How does the appointment of Alison Vollbracht Winfield impact Alpine Bank?

Alison's appointment may infuse the board with new ideas and perspectives, enhancing the bank's governance.

What does the stock symbol 'ALPIB' represent?

The stock symbol 'ALPIB' represents the Class B Nonvoting Common Stock of Alpine Banks of Colorado, which trades on the OTCQX Best Market.