NBH moves into Utah

Hillcrest Bank, a division of Denver’s NBH Bank, has moved into Utah, focusing on commercial and business banking clients in the Wasatch Front.

Chet Samuelson will serve as Hillcrest’s market president in Utah. As market leader, he and his team will offer a full range of business and commercial banking services.  Samuelson is a Utah resident with two decades of professional banking experience.

Samuelson received his Bachelor of Science degree and MBA from Weber State University, Ogden, Utah, and began his career in Ogden with Bank One. He remained through the bank’s merger with J.P. Morgan Chase, working for them through 2014 in positions ranging from credit analyst to senior banker.  During that time, he also led the effort as Chase Commercial Bank expanded into Idaho through their acquisition of Washington Mutual in 2008.

In 2014, Samuelson joined the Wells Fargo Commercial Bank in Utah and led the Global Banking expansion effort for Wells Fargo and its Middle Market customers, serving as Global Banking Regional Manager for the eight mountain states.  He has served on numerous boards, including the Utah World Trade Center, Mountain West Capital Network, Utah Microenterprise Fund and the Utah County Chamber of Commerce.

“We are very excited to expand our commercial and business banking footprint into Utah,” said Tim Laney, chair, president and CEO of Hillcrest parent National Bank Holdings Corporation. “We are fortunate to have Chet Samuelson join us to establish a strong foothold in what we recognize is a highly attractive and competitive market.”

The $5.6 billion National Bank Holdings Corp operates more than 100 branches under various brand names in Colorado, Missouri, Texas, Kansas and New Mexico.