Valley Bank & Trust Acquisition by TBK Bank, SSB Customer Q&A

Welcome customers and team members of Valley Bank and Trust.  TBK Bank would like to earn your continued business by providing a high-level of customer service with experienced community bankers and local decision making.


The following ATM’s will be deactivated for a few days as we work to bring you a new ATM experience.  We apologize for any inconvenience this may cause you. 

  • 11145 Sheridan Blvd, Westminster, CO beginning on November 27th
  • 580 Dahlia St, Hudson and 56641 Colfax Ave. Strasburg, CO beginning on November 29th
  • 4900 E. Bromley Lane, Brighton, CO beginning on December 4th
  • 30 N. 4th Ave., Brighton, CO beginning December 5th
  • 6171 N. Washington St. Denver, CO beginning on December 6th
  • 418 8th St., Dacono, CO beginning December 7th

  1. Why is Valley Bank & Trust being sold to TBK Bank?

Valley Bank & Trust is 46 years old this year.  The O’Dell Family is ready to pass on the torch to another owner.  After looking at many opportunities, we CHOSE TBK because it’s a wonderful match in culture and values and service.  We are very comfortable that TBK will take very good care of our customers and will serve them in the same traditional banking style that they have been accustom to for many years.

  1. What can you tell us about TBK Bank?

Headquartered in Dallas, Texas, TBK Bank, SSB has $2.7 billion in assets and its parent company, Triumph Bancorp, Inc., is publicly traded on the NASDAQ under the ticker symbol TBK. Today, TBK Bank has 37 branches – 1 in Dallas, 18 in Iowa and Illinois, and 18 in Colorado and Kansas. Its 18 branches in Colorado and Kansas joined TBK Bank with its acquisition of Colorado East Bank & Trust in 2016. TBK also recently announced the signing of a definitive agreement to acquire 9 branches from Northstar Bank, a branch of Independent Bank in Colorado. 

TBK Bank also has several commercial finance divisions and subsidiaries including Triumph Commercial Finance, Triumph Healthcare Finance, Triumph Premium Finance, Triumph Insurance Group and Triumph Business Capital. 

If you’d like to learn more about TBK Bank, please visit their website, To learn more about Triumph Bancorp, please visit their website,

  1. Will the name of Valley Bank & Trust change?

Simultaneously with the closing of the transaction, Valley Bank & Trust will be merged into TBK Bank, SSB, with the resulting institution operating under the TBK Bank brand name.

  1. What does TBK stand for?

TBK is the ticker symbol for TBK Bank’s holding company Triumph Bancorp, Inc.

  1. When will the sale actually take place?

At this point in time, we expect that the sale will close early in the fourth quarter of 2017, following receipt of regulatory approvals and satisfaction of customary closing conditions. Rest assured, we will provide you with updates as additional information becomes available.

  1. Is there any chance this transaction won’t happen?

Yes, although we’re confident that TBK Bank will receive customary approvals, we know that there’s no guarantee. Until the transaction is completed (and if the transaction is not completed), we will continue to operate as we have, serving our customers and communities with a great team of employees.

  1. Will any of these branches be closed?

TBK Bank is acquiring Valley Bank & Trust because we complement their current footprint and product offering in Colorado. While evaluating branch locations and doing what is in the best interest of employees, shareholders, and our communities is a normal course of business, there are no plans to close branches at this time.

  1. When will we hear more?

Please feel free to ask us if you have any questions at any time. We will let you know when we have any significant news, either personally, in a personal letter and/or by email. If we don’t have your email on file, please reach out to your branch to add your email to your account.

  1. With whom should I speak if I want more information?

If you have any additional questions, our Branch Presidents or Branch Managers are happy to speak with you.

  1. Will everyone in the bank have a job in the new organization?

We anticipate that there will be some retirements and that some back-office and support functions will be consolidated. However, we expect that customer-facing employees will see little-to-no changes. 

  1. Will your fees change?

At this point, TBK Bank hasn’t identified specific, if any, changes to our fees. But like all businesses, they will continually evaluate their products and services to ensure that they remain competitive. 

  1. Will my account numbers change? Will I need new checks and debit cards? Will my direct deposits or automatic payments be affected? Will I still be able to access my accounts online?

Until the closing, everything will stay the same. As we get closer to the close of the sale, you will receive information from TBK Bank that provides detailed information on what will and what will not change. TBK Bank’s goal is to make this transition as seamless as possible for you. We encourage you to pay close attention to any communications you may receive from us during this time.

  1. Will my deposits still be insured by the Federal Deposit Insurance Corporation (FDIC)?

Yes, your deposits continue to be insured to the maximum allowed by the FDIC. If you have any questions, one of our branch employees can review your accounts with you to make sure your accounts are structured to allow for the maximum coverage.