Banking & Financial Services


KC Fed Encourages Shrinking Digital Divide

The Federal Reserve Bank of Kansas City recently launched a program called the Employer Laptop Challenge, a community development program that encourages companies and other organizations to donate used computers and other devices to nonprofits, schools and firms that refurbish… more

Commerce Bancshares Paying Out Dividend

Kansas City-based Commerce Bancshares is paying dividends to shareholders still, despite challenges posed to the economy due to COVID-19. The company just declared a quarterly dividend of $0.27 per share for common stock, and payments are expected to be paid… more

A Record $601B in CRE Loans Closed in 2019

Before COVID-19 hit, the commercial real estate lending market was sure on a strong run. A record $600.6 billion of commercial real estate and multifamily loans in 2019, according to the Mortgage Bankers Association's (MBA) 2019 Commercial Real Estate/Multifamily Finance… more

Navigating a Pandemic

The gyrations in U.S. equities markets in March were truly unprecedented, spooked by a supply-and-demand conundrum. In a capitalist economy, everything is a function of supply and demand. Markets react very negatively to a significant disruption of either. After 9/11,… more

Mnuchin Asks Congress for More PPP Funds

U.S. Treasury Secretary Steven T. Mnuchin and U.S. Small Business Administration Administrator Jovita Carranza calling for Congress to appropriate more funds toward the Paycheck Protection Program and Economic Injury Disaster Loan Program, due to the havoc that COVID-19 has wreaked… more

Q&A With … Tom Salisbury, Small Business Administration

Small Business Administration loans are a major topic right now in the face of COVID-19. Tom Salisbury, the Regional Administrator for SBA’s Region VII states of Missouri, Kansas, Nebraska and Iowa, talks about the Paycheck Protection Program (PPP) and other… more

IRS Launches Stimulus Check Status Site

U.S. residents now have a resource from the Internal Revenue Service where they can track the status of their stimulus checks. Titled Get My Payment, it shows when people would receive payments of up to $1,200 for individuals, $2,400 for… more

WHO Leader: COVID-19 Dwarfs 2009 Flu

The COVID-19 pandemic is 10 times deadlier than the flu pandemic of 2009, according to Tedros Adhanom Ghebreyesu, general director of the World Health Organization. "We know that early case-finding, testing, isolating caring for every case and tracing every contact… more

Creative Planning Buys Wichita-Based Coe Financial

Overland Park-based Creative Planning has acquired Coe Financial Services, an RIA firm based in Wichita with $126 million in assets under management. The firm provides financial planning and investment-management services. Coe was founded in 1983 by managing director Richard Coe.… more

M&A Update: A Whole New World

A new update on the Kansas City M&A market issued by one of the leading firms in that space confirms what most might have anticipated: That space today is much different than just a month ago.  So concludes the leadership… more