Banking & Financial Services

Academy Bank Closes KCB Deal

The parent institution of Academy Bank has closed on its acquisition of KCB Bank from Kearney-based Bancshares of Missouri. KCB had just under $243.2 million in assets as of the end of June.  Academy, owned by Dickinson Financial Corp., adds… more

Country Club Bank Snaps Up Olathe’s Bank of the Prairie

The Kansas City-area local bank mergers keep coming. Country Club Bank parent CCB Financial is purchasing Olathe-based Bank of the Prairie, in a deal expected to close during next year's second quarter. It's the latest in a string of deals… more

Mayor Lucas Chooses TIF Commission Nominees

Mayor Quinton Lucas has chosen six members and six alternates for the city's TIF (tax-increment finance) Commission who will decide which development projects do and don't get tax breaks over the next four years, if the nominees are approved by… more

KC Area Leads Kansas Job Growth

Kansas counties in the Kansas City metropolitan area led the rest of the state in job growth over the past year, according to the recently released Kansas Department of Labor (KDOL) 2019 Kansas Economic Report. Total employment in the area,… more

AI Is Already Prevalent Across KC-Area Businesses

Artificial intelligence is usually spoken about as future tech component of business, but for many area companies, it's already here. Speakers at the KC Tech Council's recent Tech on Tap event at the Boulevard Brewery, gave examples of how they… more

BKD Names Higgins New Kansas City Managing Partner

A new managing partner is stepping in at BKD CPAs & Advisors to lead the Kansas City office: Rachel Dwiggins will succeed Abe Cole, who has been at that post since 2014. Cole will become regional managing partner of the… more

Kelly, Parson Sign Border War Agreement

Businesses expecting special tax incentives to make a move from South Kansas City to Overland Park, or from Lee's Summit to Lenexa, are out of luck. Kansas Gov. Laura Kelly and Missouri Gov. Mike Parson just signed an agreement between… more

Stifel Acquiring Core George K. Baum Business

George K. Baum & Company, a Kansas City-based investment bank focused on public finance and taxable fixed income sales and trading, is selling its core business functions to St. Louis-based Stifel Financial Corp. Baum's business specializes in underwriting and other… more

Gov. Parson Has a Democratic Challenger

Missouri State Auditor Nicole Galloway, a Democrat, has put her hat in the ring to challenge Republic Gov. Mike Parson for the office in the August of 2020 election. Galloway, from Columbia, late last month publicly asked Parson to take… more

C2FO Completes $200M Funding Round

C2FO, a Leawood-based financial-technology firm, has secured a $200-million round of funding led by Toyko-based SoftBank, which owns a significant portion of Sprint, as well as major stakes in WeWork and Uber. C2FO, through a system of algorithms, pairs companies… more