Banking & Financial Services

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

FDIC Looks at American Banking Habits

A Federal Deposit Insurance Corporation (FDIC) study out today says that 8.5 percent of Missouri households did not have a bank accounting in 2015 and that 22.3 percent were underbanked. For Kansas, the figures were 7.6 percent unbanked and 18.3… more

Leadership Change at Alterra Bank

The parent company of Alterra Bank, First Business Financial Services, Inc., has announced that Alterra president and CEO, Pam Berneking is no longer with the bank. Chuck Mackey, Alterra Bank Board Chairman, said, “Under Pam’s leadership, Alterra Bank set out… more

CBOE Holdings to Acquire Bats Global Markets

Bats Global Markets, Inc.— operator of the second-largest stock exchange in the U.S., as well as the largest stock exchange and trade reporting facility in Europe—has entered into a definitive agreement to be acquired by CBOE Holdings, Inc., the holding… more

KCRise Fund Has $10 Million in Commitments

The KCRise Fund—an initiative of the KC Rising effort to fully realize the Kansas City region’s economic potential—announced today that it has closed on an initial $10 million in commitments from area investors.  KCRise was established, “as a solution to… more