A $1.2 billion merger is expected to create a full-service community bank to serve both Colorado’s Front Range and northern New Mexico, if the merger is approved as early as next year.

InBankshares Corp. (INBC) and Legacy Bank — both Colorado-based banks — announced plans for a merger Dec. 1 after unanimous approval by both board of directors. INBC is known for its involvement in commercial banking while Legacy Bank is already known for being a full-service community bank throughout Colorado.

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