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Banking & Financial Services


Kansas City organizations form PPP PREP program to assist local small businesses

A group of Kansas City organizations have formed a new program to provide local small businesses guidance with the PPP loan application process. Called Payroll Protection Program PREP (PPP PREP), the program is a collaboration among local chambers of commerce,… more

Biden makes PPP changes to benefit smallest businesses

An alteration to the Paycheck Protection Program (PPP) by the Biden Administration will take effect this week. Biden is set to announce a change in PPP rules this afternoon, which will last for two weeks beginning Wednesday, Feb. 24. Starting… more

Overland Park OneDigital adds $1.3B in assets with acquisition

A recent acquisition is adding $1.3 billion in assets to OneDigital Retirement + Wealth, the Overland Park-based subsidiary of Atlanta-based OneDigital Investment Advisors. The strategic advisory firm bought Atlanta Retirement Partners, allowing OneDigital to expand its retirement and wealth capabilities.… more

BKD report shows majority of nonprofits saw dip in revenue

A 2021 State of the Nonprofit Sector Report from Missouri-based BKD CPAs & Advisors shows how nonprofit organizations have managed operations during COVID-19. The findings show a majority of nonprofits have increased their services, yet reduced staffing. It also highlights… more

Mo. Rural Mainstreet index climbs to regional high

Missouri and Kansas showed growth in Creighton University’s February Rural Mainstreet Index (RMI). The Show-Me state rose to 66.2 from January’s 63.6, a regional high. The Kansas RMI for February increased to 55.9 from 53.6 in January. February was also… more

Remote Learning Grant program extended in Kansas

Kansas programs that aim to help school-aged kids while undergoing remote learning can now apply for extensions in the Remote Learning Grant program. Kansas Gov. Laura Kelly said programs that got funding for remote learning are now eligible to apply… more

Requirements expanded for Missouri energy aid program

Missouri residents who meet certain guidelines may be eligible for additional assistance to help pay for home utility costs this winter. Amid several days of bitter winter weather including severely-low temperatures, Missouri Gov. Mike Parson announced changes to the state’s… more

Kansas to provide $200M in rental assistance statewide 

A program in Kansas is making $200 million available to qualifying residents for rental assistance. Kansas Gov. Laura Kelly and the Kansas Housing Resources Corporation announced the program on Tuesday, which will be funded through federal CARES Act money. “COVID-19… more

Missouri-based Aegion to go private with $963M sale

Aegion Corp., based in Chesterfield, Mo., announced this week it is selling to New Mountain Capital, a New York investment firm. The infrastructure pipeline rehab company will go the New Mountain in a deal valued at $963 million and will… more

Kansas rural communities receive development grant

This week, Kansas Gov. Laura Kelly announced 32 rural Kansas communities will receive a share of approximately $13.8 million in federal grants to assist with community development projects. The money is available through the Community Development Block Grant program facilitated… more