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FirstBank Press Release

1031 Corporation Moves to New Office

Thursday, December 28, 2006

1031 Corporation

1031 Corporation Exchange Professionals – a subsidiary of FirstBank and one of Colorado’s largest providers of Section 1031 like-kind exchanges for investors, small businesses and corporations – has moved to the recently renovated FirstBank Financial Center building located at 1707 N. Main St., Ste. 200, in Longmont.

“1031 Corporation continues to be a company built on customer service, experience and expert knowledge. Over the past sixteen years, we’ve worked with taxpayers on a diverse array of exchanges involving real property, farm equipment and livestock, aircraft and other personal property,” explained Vice President Larry Jensen. “This new, expanded office will continue to allow us to serve our clients and their attorneys, accountants, Realtors and financial advisors.”

The new 2,300-square-foot office will be led by President David Wright - a former executive vice president for FirstBank of Longmont. Wright has 17 years’ experience working with corporate, institutional, retail, and high-net-worth clients.

“We are very pleased to announce that we’re expanding our office in Longmont,” said Wright. “Our staff, including four Certified Exchange Specialists and a Certified Public Accountant specializing in like-kind exchanges, is dedicated to providing quality service to our clients. We believe the interest we pay our clients is among the highest in the industry for qualified intermediaries. Our expansion is a testament to the knowledgeable staff providing professional service. Our clients are loyal to the service we provide and that has led to the need to move to a larger space.”

Along with Jensen and Wright, the staff includes Senior Exchange Officer Carol Croft, Exchange Officers Betty Marick and Rosemary Albrecht and Exchange Coordinators Mandi Krueger, Kelly James and Chris Gagne.

Mr. Wright and the professionals at 1031 Corporation can be reached at (303) 402-1031 or 888-367-1031 and on the web at www.1031cpas.com.

About 1031 Corporation

1031 Corporation Exchange Professionals is the nation’s premiere provider of IRC Section 1031 Like-Kind Exchange Services. 1031 Corporation serves as Qualified Intermediary in forward like-kind exchanges (commonly referred to as “Starker” exchanges) and as Exchange Accommodation Titleholder in reverse exchanges under Revenue Procedure 2000-37. 1031 Corporation is a subsidiary of FirstBank Holding Company of Colorado and a member of the Federation of Exchange Accommodators.

FirstBank is the largest Colorado-based bank with $7.76 billion in assets. FirstBank serves individuals, small businesses, middle-market companies and institutions through over 110 retail locations and more than 200 ATMs throughout Colorado.

 
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