Governor Jared Polis has appointed Scott Applegate, President & CEO of Bank of Estes Park, to the Colorado State Banking Board. The appointment falls under the Colorado Department of Regulatory Agencies, in the Division of Banking.

This board is the policy, rulemaking, and supervisory authority for the Division of Banking in the State of Colorado—comprised of five banking executives from across the state, an executive officer of a money transmitter company, an executive officer of a trust company, and two public members with expertise in finance.

Scott brings a unique resume to the table, having been an executive at banks from large to small, from established to new, and from urban to rural, with all of them having been run in a regulatorily safe and sound manner, and all top tier from a profitability perspective. According to Applegate, “When you put the client first, make long-term relationships the top priority, and just do things the right way, the rest just takes care of itself.”

Applegate says his appointment will not change his focus in any way, and adds, “My primary professional focus is Estes Park, our clients, our community, our employees, our shareholders—and that is permanent. This town and this bank are my family and my home. But I’ve also been truly blessed in my life and in my career to have had the very best mentors anywhere, and this appointment now gives me the opportunity to deploy their wisdom and knowledge at the very highest level of banking across the entire state of Colorado. “I’m extremely humbled and honored to have been nominated, supported, and ultimately appointed by Governor Polis to this position—it’s a very rare and unique capacity to be able to serve in, and I’m grateful for it.”