Fewer Colorado banks, credit unions seen as 'troubled'

DENVER - The health of Colorado banks and credit unions continues to improve, with the number of the state's financial institutions considered "troubled" dropping in the first quarter, according to a report Thursday from Bauer Financial Inc.

The report rated 9.3 percent of Colorado banks "troubled and problematic" as of March 31, down from 14.4 percent as of March 31, 2013.

That designation means the banks received two or fewer stars from Bauer in its quarterly report, based on financial data as of March. 31, 2013.

Read more at the Denver Business Journal

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