News


Finalized “fair access” rule receives big-bank pushback

The Office of the Comptroller of the Currency (OCC) has finalized a controversial rule within days of a change in leadership. Originally proposed in November, the rule prohibits the nation's largest banks from denying services to gun manufacturers, energy firms, operators… more

January Rural Mainstreet Index ticks up in Mo. and Kan., bankers concerned about inflation in 2021

The Creighton University Rural Mainstreet Index (RMI) climbed above growth neutral across the 10-state region. The overall index for January rose to 52.0 from December’s 51.6 (the index ranges between 0 and 100 with a reading of 50.0 representing growth… more

In a Nutshell

Joe Biden has referred to the latest coronavirus aid package as a "down payment" for dealing with the pandemic.  Another stimulus bill providing more funding for tests, vaccinations, aid to cities and states, plus a third round of direct payments… more

Missouri December jobs report shows unemployment increase

Missouri non-farm payroll employment increased again in December 2020, but a large increase in the civilian labor force sent unemployment higher. Employment, seasonally adjusted, increased by 10,400 jobs over the month, and over-the year job losses from COVID-19 shutdowns fell… more

KC region sees significant industrial growth in 2020

The last year presented many challenges, most centered around COVID-19. However the Kansas City region also had its bright spots. Similar to the rest of the country, the industrial real estate and supply chain sectors in Kansas City saw significant… more

Cerner to bring on Erceg as new Chief Financial Officer

Approaching his departure from the company, a replacement has been announced for 30-year Cerner veteran and current CFO, Marc Naughton. Succeeding Naughton is Mark Erceg, who will join Cerner as Executive Vice President and CFO beginning Feb. 22, 2021. Naughton… more

Coping with COVID: Local health officials urge patience from those waiting to receive vaccine

Area residents eager to receive a COVID-19 vaccination will have to wait a bit longer, according to regional health directors. In a joint statement issued Thursday, directors said high demand, low supply and continued priority for health workers means vaccine… more

Rebranding delivers return of Kansas City Monarchs

Resurrecting a part of Kansas City’s rich history, a new partnership is bringing back the name of the Kansas City Monarchs. Formed between the Negro Leagues Baseball Museum and minor league team T-Bones Baseball Club, the partnership has resulted in… more

Kansas City, Kan. noted among top U.S. cities where more young residents are buying homes

A national ranking by personal finance technology company SmartAsset on the top U.S. cities where more young residents are buying homes found Kansas City, Kan. to be among the top 50, landing at 48. Using data collected by the U.S.… more

New home listings show first decline since July

Key housing market takeaways for 400+ U.S. metro areas during the 4-week period ending Jan. 10, 2021 included a mixture of increases and falls. The median home sale price increased 14 percent year over year to $320,025, according to real… more