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Banking & Financial Services

First Federal Bank Adds Schuyler Vaughan As VP of Mortgage Banking

Posted October 12, 2023 The First Federal Bank of Kansas City announced it has hired Schuyler Vaughan as its Senior Vice President of Mortgage Banking Vaughan brings 27 years of experience to the mortgage lending service and will lead the… more

Social Security Cost-Of-Living Adjustment Increases To 3.2% in 2024

Posted October 12, 2023 Social Security beneficiaries will see a 3.2 percent increase in their benefits in 2024, according to an announcement made by the Social Security Administration on Thursday. On average, beneficiaries will see an increase of more than… more

KC Fed COO Kelly Dubber To Retire After 38 Years

Posted October 11, 2023 The Federal Reserve Bank of Kansas City announced last week its COO Kelly Dubbert will retire effective Feb. 29, 2024. Dubbert will be leaving after a 38-year-long career with the bank. He was appointed the role… more

Small Business Lending Demand On Decline, KC Fed Survey

Posted October 5, 2023 Small business commercial and industrial lending continued to decline in the second quarter, decreasing 16.8 percent year-over-year and down 1.2 percent from Q1 2023, according to the Federal Reserve Bank of Kansas City. The Fed released… more

The 10-year Treasury Yield Increases To 4.80%, Highest In 16-years

Posted October 5, 2023 The 10-year Treasury yield, a common measurement for core inflation and mortgage rates, struck its highest point since 2007 on Tuesday. The yield reached a high point of 4.804 percent on Tuesday. In addition, the 30-year… more

Creative Planning Acquires Financial Planning Firm Kistler-Tiffany Advisors, $1B In Assets

Posted October 5, 2023 Creative Planning has acquired Pennsylvania-based Kistler-Tiffany Advisors, a registered investment advisory firm with $1 billion in assets. Creative Planning announced on Tuesday its latest acquisition of Kistler-Tiffany Advisors. The firm was founded in 1974 and specializes… more

Ingram’s September 2023 Digital Edition

You can read all about the Ingram's 250 in the September Digital Edition here.   more

Lendmark Financial Adds Second Branch To Liberty

Posted September 28, 2023 Georgia-based Lendmark Finacial Services is adding another branch to Liberty, Missouri, making this the second branch for the company’s Kansas City footprint. The Liberty branch is located at 882 S. Missouri Route 291. Leading the new… more

Goldman Sachs Now Predicts Fed To Cut Interest Rate In Q4 2024

Posted September 21, 2023 Goldman Sachs economists now expect the U.S. Federal Reserve to begin cutting interest rates in the fourth quarter of 2024, compared to their previous prediction of second quarter cutting, following the Fed’s decision to keep rates… more

Region’s Economy Index Slows in September, Bankers Expect Conditions to Worsen

Posted September 21, 2023 Creighton University released its Rural Mainstreet Index (RMI) report for September showing for the first time since March of this year, the overall index sank below growth neutral. The region’s overall reading for September fell to… more