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UMB official: Moderate growth ahead, with some hazard signs
Investment officials from UMB said Wednesday they expect moderate economic growth in 2013.
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Intrust Bank writes off $57 million in bad loans
Intrust Bank wrote off $57.4 million in loans in 2012, according to a filing with federal bank regulators.
Citizens Bank closes branch in Barber County
Citizens Bank of Kansas has closed a branch in Barber County.
Bank of Kansas parent posts profit for 2012
The holding company of Bank of Kansas said Wednesday it reversed its loss from a year ago.
Number of branch banks decline for year in Kansas
A report released Tuesday said for every bank branch that opened in Kansas in the past year, three closed.
Social Security checks switch to digital by March 1
More than 31,000 Social Security and other federal payments are mailed to Kansans each month – more than 6,700 of them in the Wichita area.
New CEO James Nastars wants to take Meritrust to next level
James Nastars is still about a month away from taking on the job as the new chief executive of the city’s largest credit union.
Mid American Credit Union opens northeast branch
Mid American Credit Union on Monday opened its northeast branch — the first office the $196 million credit union has built in more than a decade.
Mobile devices replacing card readers at some Wichita registers
At Twizted Confections bakery in Normandie Center at Central and Woodlawn, customers using credit or debit cards will find themselves using Tina Reesman’s smartphone to complete their purchases.
Meritrust CEO to start in February
Meritrust Credit Union said Friday it will have a new chief executive next month.
Treasury: Five of eight Kansas banks increase small business lending
The Treasury Department reported Tuesday that five of the eight Kansas banks participating in its Small Business Lending Fund program — including Wichita-based Equity Bancshares — have increased their lending since the program’s inception.
Hutch bank keeping it rural
First National Bank of Hutchinson has made only two acquisitions in its 136-year history, and both of them came in the past three years.
Competition will grow for banks, credit unions
The area’s credit unions continued to grow assets while banks improved their loan quality and began to record earnings gains in 2012.
UMB taps Kansas chief Watson for new division, names replacement
UMB Bank serves more than 1,000 agribusiness clients, and on Monday it tapped its top Kansas executive to grow that business by leading a new agribusiness division.
Kansas credit unions turn in strong quarter
It was yet another good quarter for Kansas-chartered credit unions, with loans and assets higher than a year ago as well as profitability, according to a report this week from the industry’s state regulator.
FDIC says profitability at Kansas banks and thrifts rises in third quarter
Total net income for Kansas banks and thrifts increased nearly 18 percent for the quarter, and the percent of unprofitable institutions fell to its lowest level in three years, according to the Federal Deposit Insurance Corp.’s third-quarter 2012 State Banking Performance Summary.
Closings leave Bank of America with 54 branches in Kansas
Earlier this month, Bank of America closed a branch in Topeka, leaving it with 54 branches in Kansas.
Banker’s Bank of Kansas to convert to state charter
Banker’s Bank of Kansas is the third Wichita-area bank in the past 12 months to make the move from a national bank charter to a state one.
Wichita Federal Credit Union plans east-side branch
Wichita Federal Credit Union said Wednesday it will break ground on a $1.8 million, east-side branch.
Region sees uptick in commercial real estate activity
The numbers might not show a lot of commercial real estate loans on the books of banks statewide or even regionally, but borrowers and bankers said there is lots of activity in that sector.
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