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InBank Names Bo Scott as New President

InBank, a growing independent commercial bank serving the Colorado Front Range, southern Colorado, and northern New Mexico markets, announces today that it has named veteran banking executive, Bo Scott, as President and Chief Commercial Banking Officer. Ed Francis, the current Chairman, CEO and President of InBank and InBankshares, Corp (OTCQX:INBC), will continue to serve as CEO and Chairman for both as the bank continues its growth trajectory and prepares for additional expansion plans.

Bo Scott has over 25 years of banking and financial institution experience and will serve as President and Chief Commercial Banking Officer of InBank. Previously, he held the position of Executive Vice President at UMB Bank, leading the Colorado commercial bank, and Senior Vice President at US Bank where he managed multiple West Coast markets for the Emerging Business division.

“It is an honor to welcome Bo to our executive leadership team and we look forward to quickly integrating his leadership and deep experience in commercial banking into the InBank team,” says Ed Francis, Chairman and CEO of InBank. “We are confident Bo will help us accelerate our organic growth.  His acumen for attracting top talent and his deep experience in C&I lending will afford us new opportunities to open doors for new clients and talented bankers.”

“Joining InBank is an exciting new chapter for me and I am very enthusiastic about being a part of the talented and experienced executive team at InBank and contributing to a high-growth organization that will be strengthening its position in the marketplace,” says Bo Scott, President and Chief Commercial Banking Officer of InBank.

InBank’s expansion plans include an increased presence along the 1-25 corridor from Northern Colorado through the Denver Metro Area south to Colorado Springs and recruitment of additional commercial bankers to serve the needs of business owners throughout the Front Range.

About InBank

InBank is the wholly-owned subsidiary of InBankshares, Corp (OTCQX:INBC), a Colorado headquartered bank holding company. InBank is an independent commercial bank growing throughout the Colorado Front Range and serving southern Colorado and northern New Mexico markets. At June 30, 2023, InBank had $1.30 billion in total assets. InBank offers a full suite of commercial, business, personal and private banking solutions with a focus on personalized service, technology and local decision-making. InBank was built on the entrepreneurial spirit and is led by a team of experienced banking professionals committed to the mission of positively impacting the lives of its customers, communities and associates. For more information, visit www.InBank.com.