Bank of Colorado is remodeling its downtown Durango branch, creating 9,000 square feet of leasable space.
The bank is squeezing its offices into the north side of the building at 1199 Main Ave.
The south side of the branch will be rented.
"We've been talking about it for quite a while, but we just wanted to be more efficient," said John Dowling, the bank's regional president.
The south side of the bank used to host offices for operations and new accounts, in addition to a community room. Those functions have been shifted to the north side of the building.
"We're completely renovating the branch to give us a new look," Dowling said.
The remodel cuts banking space about in half.
Technology has allowed the branch to employ fewer people than it did years ago, Dowling said.
"We just do not need the total space we had in the past," he said.
The rental space will reduce the bank's occupancy costs, Dowling said. One or more tenants could occupy it.
Bank of Colorado has been at the location for more than a decade.
The bank also has Durango locations at Ninth Street and Camino del Rio, 3130 Main Ave. and 902 East Second Ave.
The remodel is expected to be completed in June.