Liberty Capital, Inc. announced today that its wholly-owned banking subsidiary, Liberty Savings Bank, FSB, has entered into an agreement with Colorado Community Bank to sell its branches in Northglenn and Longmont, Colorado. Colorado Community Bank, headquartered in Yuma, Colorado, will acquire both branches, located at 10693 Melody Drive in Northglenn and 351 Coffman Street in Longmont. In the transaction, Colorado Community will assume all of the deposit liabilities and buy the related non-real estate fixed assets of the branches. Liberty will retain ownership of the multi-tenant facility housing the Longmont branch and will lease the banking office to Colorado Community.
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