Log Out | Member Center



Bank of Kansas passes lending exam

  • The Wichita Eagle
  • Published Tuesday, March 5, 2013, at 9:38 a.m.

Bank of Kansas was one of three Kansas-based banks to receive a satisfactory rating on its federal Community Reinvestment Act examination, the Federal Deposit Insurance Corp. said in a news release Tuesday.

The South Hutchinson-based bank operates two branches in Wichita and is owned by Stillwater, Okla.-based Southwest Bancorp.

The two other Kansas banks to receive satisfactory ratings were Solomon State Bank in Solomon and Stanley Bank in Overland Park.

The CRA is a 1977 law that encourages banks and thrifts to provide loans to their local communities, including to low- and moderate-income neighborhoods.

Banks can receive one of four grades from the FDIC: outstanding, satisfactory, needs to improve and substantial noncompliance.

Subscribe to our newsletters

The Wichita Eagle welcomes your comments on news of the day. The more voices engaged in conversation, the better for us all, but do keep it civil. Please refrain from profanity, obscenity, spam, name-calling or attacking others for their views. Please see our commenting policy for more information.

Have a news tip? You can send it to wenews@wichitaeagle.com.

Search for a job


Top jobs