Meet the Directors: Timothy Laney

Understanding the needs of small and medium-sized businesses is at the core of G. Timothy Laney’s work at National Bank Holdings Corporation (NBHC), which is headquartered in Greenwood Village, Colorado, in the Denver metropolitan area.

Laney, who joined the Kansas City Fed’s Denver Branch Board of Directors this year, is a founder, chairman and chief executive officer of NBHC. He also serves as the chairman of the board of directors of NBH Bank, a subsidiary of NBHC. The holding company is a $9.9 billion asset institution that operates banks in eight states, including Colorado, Kansas, Missouri, New Mexico and Wyoming of the Tenth Federal Reserve District.

“We are very focused on the support of small and medium-sized businesses,” Laney said. “We believe that small businesses are at the heart of this country’s economy, so we place a premium on helping those companies be successful.”

Recently, Laney announced the formation of 2UniFi, which he describes as a unique “ecosystem” connecting smaller and mid-sized businesses with banking services and timely information to help them in their day-to day operations.

“What we hope to deliver with 2UniFi is a marketplace where people who are intimidated or uncomfortable with traditional banking can come in as business owners and operators and explore all of their financial options,” Laney said.

Earlier in his career, Laney was senior executive vice president and head of business services at Regions Financial, one of the country’s largest full-service banks, and had a 24-year tenure at Bank of America. As a longtime leader in the banking sector, Laney saw the opportunity to become a Reserve Bank director as an honor.

“I was honored because I believe that a strong banking system is key the United States economy, and I believe that the Federal Reserve plays an absolutely critical role in ensuring that our banking system is safe and sound,” he said.

Serving on the Denver Branch Board also presents opportunities to share specific perspectives gained from NBHC’s interactions with clients across a large portion of the Tenth District’s footprint.

“I hope to be an advocate and a voice for what our business clients are experiencing across the region,” Laney said. “I’m also a very curious person by nature, and my hope is that the nature of my questions will promote active discussion that aids our understanding of our markets and provides high-quality information for the (Federal Reserve) research teams.”

He added, “I tend to think that there’s a lot of work that occurs with the Federal Reserve districts that isn’t broadly understood, and I believe that if I can better understand the full role and mission of the Federal Reserve Board, I can be a better advocate for it out in the public.”

Learn more about Mr. Laney here.