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LOVELAND--When Colorado became the 50th state in the union to allow interstate banking in 1995, Home State Bank had already been serving Larimer County residents for 45 years. For 25 years, it had been under the ownership of founder Jack Devereaux, who came to Loveland after selling his bank in Wyoming.
Today, Home State is still in the Devereaux family, with Jack's sons Harry and Jack Jr. continuing their father's vision of a locally owned, independent bank serving the needs of small businesses and individuals.
"We've never strayed from our core values," Harry Devereaux explained. "We're here to give people a chance and allow them to pursue their dreams."
The list of entrepreneurs who got a
chance to pursue their dreams with a loan from Home State reads like a Who's Who of Northern Colorado business, from Heath Construction to FRII, The Silver Grill in Fort Collins to Mike's Barbershop in Loveland.
Max and Mary Beth Rodgers began banking with Home State in 1954, when they purchased Brown's Shoe Fit on Fourth Street in downtown Loveland. After that initial loan, they received several others over the years to expand the business.
"This bank has definitely grown with the town, and Brown's Shoe Fit grew with Home State Bank," said Max Rodgers, who retired in 1989. "We've always stayed with Home State, even when approached by other banks."
That sort of loyalty even extends into the next generations. Steve Rodgers, Max and Mary Beth's...