Experienced lenders join Alamosa State Bank

Nick Malone, left, and Kasey Russell are new to Alamosa State Bank, both serving as commercial and agriculture specialists./Courier photo by Keith R. Cerny

ALAMOSA– Two Adams State University graduates have recently joined the staff at Alamosa State Bank as commercial/agriculture specialists.

Nick Malone and Kasey Russell are both new loan officers at the main branch of Alamosa State.

Nick was most recently market president and vice president with Sunflower Bank in Monte Vista and Kasey was a loan officer and vice president with Frontier Bank in Alamosa.

Malone was with Sunflower Bank since 2008 and prior to that was vice president at Commerce Bank in Lakin, Kansas for eight years. Prior to that he was assistant vice president at Western State Bank in Scott City, Kansas and a loan officer at First National Bank in Lamar.

He also served as a teller at what was then Alamosa National Bank from 1992 to 1993 while attending Adams State College where he earned his Bachelor of Science in Business Administration with an emphasis in finance and a minor in accounting in 1992.

Malone and his wife Mindy have three children; Megan, 27, Dax, 21, and Madison, 20. He enjoys spending time with his family, hunting and fishing, and officiating high school football and basketball, and also serves on the Ski Hi Stampede Committee, SLV Fair Board where he has served as president the past three years, and was a former member of the Sargent Education Foundation.

Kasey Russell is an experienced loan officer with 16 years working with ag, commercial, consumer and real estate credits. He was commercial/ag loan officer and vice president at Frontier Bank from 2016 until his move to Alamosa State.

Prior to that, Kasey was a relationship manager and assistant vice president at Community Banks of Colorado from 2003 to 2016. He received his Bachelor of Science in Business Administration with an emphasis in finance in May 2003, and also earned a Bachelor of Arts in Spanish.

He is a board of trustee member for San Luis Valley Health, a member of the ASU Alumni Board, and SLV Development Resource Group board. He is also a member of the Centauri High School CTE multimedia program advisory committee and is president of Conejos County Youth Soccer.

Kasey and his wife Mindy have four children; McKay, 16, Kallon, 13, Harper, 10, and Landry, 5.

“We are very excited to be able to hire these two talented and local individuals,” said Russell Achatz, president of Alamosa State Bank. “Their strong ag and commercial backgrounds along with all their community participation, will help keep us at the top of the market share in the San Luis Valley for years to come.”

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