Banking & Financial Services

Academy Bank To Acquire Colorado-based Mountain View Bank of Commerce

Posted June 6, 2024 Academy Bank announced it has entered into a definitive agreement to acquire Colorado-based Mountain View Bank of Commerce. Academy Bank and its parent company, Dickinson Financial Corporation, announced the transaction is expected to close in the… more

First Federal Bank of Kansas City Restructures to Access New Avenues to Raise Capital

Posted May 30, 2024 Leawood-based First Federal Bank of Kansas City reorganized its corporate structure resulting in the formation of a new mutual holding company called Cosperity Bancorp, Inc. As a result of the restructuring, First Federal Bank is now… more

UMB Distribution Services, LLC to be Acquired by ACA Group

Posted May 30, 2024 Updated at 4:47 p.m., May 30, 2024 UMB Distribution Services, LLC, a subsidiary of UMB Financial Corporation, is being acquired with the deal expected to close in the fourth quarter. ACA Group announced it plans to… more

Fed Beige Book: CRE Loan Demand Declines Due to Costs

Posted May 30, 2024 The Federal Reserve Board released the Beige Book for May indicating moderate growth in the Tenth District and banks anticipate diminishing demand for commercial real estate loans. The Tenth District, or the Federal Reserve Bank of… more

Bank Midwest Names Charlie Koch as New President

Posted May 23, 2024 Bank Midwest, a division of NBH Bank, announced the appointment of Charlie Koch as its new president, effective June 15, 2024. Koch succeeds Nicole Van Denabeele, who joined NBH Bank in 2018 as chief accounting officer… more

C2FO Selected to Provide Platform for Small, Medium Businesses in India

Posted May 16, 2024 Leawood-based fintech firm C2FO’s capital platform has been selected to operate with the State Bank of India (SBI) and Dabur India Ltd. as the platform's inaugural participants. The Trade Receivables Discounting System (TReDS) platform—also named C2treds—has… more

Arvest Bank Promotes Rodney Shepard to KS, MO, OK Regional Executive

Posted May 16, 2024 Arvest Bank has promoted Rodney Shepard to regional executive, overseeing Kansas, Missouri and Oklahoma. Shepard has been with Arvest for 30 years and previously served as chief customer experience officer, according to a release. Before that,… more

Bank of America Private Bank Kansas City Hires Tiffany Owens as Market Executive

Posted April 25, 2024 Bank of America has named Tiffany Owens as the new market executive for the private bank in Kansas City, Mo. As the market executive, Owens is responsible for leading a team of Kansas City-based advisors. She… more

Fed Beige Book: Labor Market Rises, Loan Demand Remains Unchanged

Posted April 18, 2024 The Federal Reserve Board released the Beige Book for April, showing slight economic growth in the Tenth District while community and regional banking activity remained nearly unchanged. The Tenth District, or the Federal Reserve Bank of… more

UMB Promotes CMO to President of Consumer Banking

Posted April 11, 2024 UMB Financial Corp. has promoted Liz Lewis to president of consumer banking, in addition to continuing her duties as chief marketing officer. Lewis is now responsible for the consumer banking division which oversees retail, private and… more