Banking & Financial Services

Employee Group Buys Lawing Financial

Lawing Financial, No. 21 on Ingram's list of Top Area Wealth Management Firms last year, announced this morning that an employee group had purchased the firm from CEO Kerry Lawing and minority investors. Terms of the deal were not disclosed.… more

Bank Midwest Buying Lawrence-based Peoples

The parent company of Bank Midwest announced today that it would acquire Lawrence-based Peoples Bank, boosting its status as the fourth-largest locally headquartered bank based on assets. If approved by regulators, it would push Bank Midwest's asset levels well above… more

Alterra Bank Raising the First Business Banner

Alterra Bank, the region's top small business lender, announced this morning that it would become First Business Bank, effective June 1. That aligns the company with the branding of its parent, First Business Financial Services, and follows an announcement made… more

Four Firms Merge into Wealth Manager Infinitas

The Kansas City area has a new player in wealth management, and it's a sizeable one: Four smaller firms have merged to create Overland Park-based Infinitas. With $1.47 billion in assets under management, the combined entity would have ranked in… more

2017 Banking Industry Outlook Assembly

Since the advent of the nation’s financial crisis in 2008, bankers have tended to gather under dark clouds at Ingram’s Banking Industry Outlook assemblies, overshadowed by concerns about excessive regulation, lack of qualified borrowers, public misperceptions that commercial banking, rather… more

Topeka Bank CEO to Retire

Andy Jetter, president and CEO , of Federal Home Loan Bank Topeka has announced his decision to retire on or about March 31, 2017. To facilitate an orderly transition, Jetter will step down as of December 31 and then serve as… more

Academy Bank and Merit Bank to Merge

Paul Holewinski, CEO of Dickinson Financial Corporation announced today that Dickinson will acquire Community Bancshares of Kansas, owner of Merit Bank—a $104 million community bank with centers in Overland Park, Olathe and Goff, Kansas. Upon completion of the of the acquisition… more

Unified Government Pays Off Village West STAR Bonds

The Unified Government of Wyandotte County/Kansas City, Kansas is celebrating an economic achievement. The STAR Bonds that funded the Village West Shopping and Tourism district were paid off, five years ahead of schedule, as of December 1.  STAR bonds allow… more

Kauffman Foundation Stresses the Importance of “Main Street” Entrepreneurs

The Ewing Marion Kauffman Foundation shared some information today from its report on what it calls “Main Street” entrepreneurs, owners and founders of companies more than five years old and with 50 or fewer employees—companies that account for 63 percent… more

Lockton Continues Leadership Transition

Lockton has announced the appointment of Peter Clune as its next US President and Chief Operating Officer, succeeding Glenn Spencer who was previously named President and CEO of Lockton, Inc.’s global operation. Both appointments are effective May 1, 2017. “Peter… more