LAKEWOOD, Colo., Dec. 20, 2022 (GLOBE NEWSWIRE) — First Bankone of the nation’s largest private banks with a focus on “banking for good,” announced Matt Ritter, Co-Founder and Principal of Pinnacle Real Estate Advisors LLC (Pinnacle), has been appointed to its Board of Directors.
Ritter, who has an extensive commercial and entrepreneurial real estate background, is also the founder of Clear Creek Advisors LLC and Knightbridge Capital.
“We look forward to having someone with Matt’s experience and entrepreneurial expertise join our Board of Directors,” said FirstBank CEO Jim Reuter. “Matt has a proven track record of building successful businesses and working as a strong partner in Denver’s commercial landscape. His experience will be an asset to FirstBank as we look to the future and continue to grow our business products and services.”
Over the years, Ritter has devoted his time and resources to supporting others and is steadfast in giving back to the community. He is passionate about serving numerous charities, including the Denver Santa Claus Shop, Wounded Warrior Project, Veteran’s Passport to Hope, Tennyson Center for Children and Judi’s House, all of which closely align with FirstBank’s mission of “banking for good”.
“As an entrepreneur, I’ve always been in awe of FirstBank and how far the company has come from its humble beginnings,” said Ritter. “It is an honor to join the board of a company that I have long admired and consider a pillar of the Colorado business community. I look forward to working with the other board members to create a path forward and put even more ‘banking for good’ initiatives into practice.”
In addition to co-founding Pinnacle, Ritter recently co-founded Knightbridge Capital, a Denver-based real estate investment firm focused on multifamily and commercial assets in Colorado. He also founded Clear Creek Advisors, a wealth management and investment advisory company, in 2017 and won several commercial real estate awards, including the Denver Metro Commercial Association of Realtors’ “Top Broker in Denver.” In his spare time, Ritter enjoys supporting the entrepreneurial community, particularly in his role on the board of the Young President’s Organization (YPO) and spending time with his family. He completed the Entrepreneurial Organization Master’s Program at the Massachusetts Institute of Technology (MIT) and holds a Bachelor’s degree in Finance from Illinois State University.
FirstBank began offering banking services in 1963. Today, it is recognized as a leader in the digital banking industry and has grown to be one of the largest private banks in the United States, holding more than $28 billion in assets and 100 branch locations in Colorado. Arizona and California. FirstBank offers a variety of consumer deposit accounts, home equity loans, mortgages, rental property loans and a full range of commercial banking services, including business financing, commercial real estate loans, treasury management and more. Since 2000, FirstBank has been recognized as a leading corporate philanthropist, contributing over $80 million and thousands of volunteer hours to charitable organizations. The company is also unique in that a large portion of its stock is owned by management and employees, giving employees a financial stake in the bank’s success through its Employee Stock Ownership Program. For more information, visit www.efirstbank.com.
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