ANB BANK AND STURM FINANCIAL GROUP APPOINT KOGER L. PROPST AS CEO

Denver (March 6, 2017)

Donald Sturm, Chairman of ANB Bank and Sturm Financial Group, the bank’s holding company, is proud to announce the promotion of Koger L. Propst to the position of CEO of ANB Bank and Sturm Financial Group.

With 35 years in the financial industry, Koger’s extensive leadership and knowledge of banking have been instrumental as President in building and leading ANB Bank’s team of professional bankers in Colorado, Wyoming, and the Kansas City metro area. Prior to joining ANB Bank in 2011, Koger had been with FirstBank for 28 years, ultimately achieving the position of Executive Vice President of its holding company.

A University of Denver graduate, Propst is a past chair of the Colorado Banker’s Association, the Community First Foundation and the Colorado board of trustees of the Nature Conservancy. He currently serves on the American Bankers Association of Government Relations Council and the board of the Colorado Cattlemen’s Land Trust.

"We are extremely fortunate to have Koger’s comprehensive banking expertise and leadership skills in building our teams and our banking centers. It is wonderful to see the growth in our ability to serve the needs of our customers and the development of ever stronger and mutually satisfying banking relationships," said Sturm.

"As an employee-owned, privately held banking organization, ANB Bank with assets over $2.6 billion is thriving by providing true relationship banking that allows our teams to craft solutions to fit each customer’s specific needs. I am honored and thankful to be part of the ANB Bank team of bankers as we fulfill this vital role in the local communities we serve," said Koger Propst.

ANB Bank has 30 banking centers serving customers in three states. Its parent company, Sturm Financial Group, Inc. is headquartered in Denver Colorado. ANB Bank ranks in the top 6% of banks nationwide by size and is a true community bank with an unwavering commitment to excellence. The bank and its ownership help its communities prosper through investment, sponsorship, philanthropy, and employee volunteerism. It is a passion ANB Bank has for banking that makes the difference.