Citywide Banks Customer E- News
Message from Citywide Banks President & CEO, Kevin Quinn
Not Every Asset Is on
Your Balance Sheet
Message from Citywide Banks President & CEO, Kevin Quinn
This is the time to benefit from “high-touch” banking at Citywide. Chances are, one of the reasons you chose to bank with us was because you valued your banker as a trusted advisor, looking out for your best interest as part of your decision-making team. Today, in these uncertain times, that relationship is more important than ever. goClick here to read full article

Denver Unemployment Rising While State's Retail Sales Sliding Lower
Citywide Banks presents Monthly Denver Economy Tracker
Citywide Banks presents the Denver Economy Tracker, a monthly summary of local and national economic trend data.
JANUARY 2010 ISSUE PREVIEW:
Real Estate
(Dec 09) Denver Home Sales -9.9%*
Consumer Spending
(Oct 09) Colorado Retail Sales -13.4%*
Employment
goView More Benchmark Data Trends in Full Issue
* Compared to same period in 2008
Citywide Banks 10-Second Survey
What's Your Source for Business News?
Please take a moment to tell us how you stay on top of local and national business news. Your anonymous feedback will help us serve you better. goClick here to participate in quick survey
Do You Trust the Cloud?
by Peter Horewitch, President, Common Knowledge Technology
Citywide's PRO BUSINESS TIPS Article Series for Small Business
Citywide presents this ongoing series of small business topics written by local experts in accounting, technology, HR, and other specialty segments. Look for a new article every month in E-News.

Cloud computing is rapidly gaining steam, especially among small and mid sized businesses which have the ability to quickly change and adapt to new cost-effective technologies. Haven’t heard of cloud computing? At its most basic level, it is simply hosting a technology service from outside your office. It could be an application such as e-mail, or an entire server. But how do you know if you should jump on the band wagon?

There are certainly pros and cons to putting your data in the cloud. You don’t provide the electricity or water that you use in your business, why provide your own servers? Although electricity is critical to running your business, it does not define your business. Its readily available to everyone. This is a good rule of thumb in deciding when you should take advantage of the cloud. Any intellectual property or proprietary process that defines your business, provides differentiation or competitive... goClick here to read full article

Check out other Pro Tips articles at CitywideBanks.com.
"Your most unhappy customers are your greatest source of learning."
- Bill Gates
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