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.
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.
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.
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.
Earlier this month, Bank of America closed a branch in Topeka, leaving it with 54 branches in Kansas.
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 said Wednesday it will break ground on a $1.8 million, east-side branch.
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.
A long-time Halstead banker who died nearly a year ago had his name placed on a building this month on the Bethel College campus in North Newton.
Simmons First National Bank is growing its footprint in other states through acquisitions of troubled banks. Its area chief executive said Monday that the bank is on a separate growth track locally.
For the first time, Bank of America has the most local deposits of 56 banks and thrifts doing business in the Wichita area.
Bank of Oklahoma Mortgage in Wichita has expanded beyond the city by adding a Salina-based mortgage office.
Kansas’ largest financial institution has named a new executive to lead its lending operations in the Wichita area and other parts of the state.
This looks like another tough year for business owners looking to sell their business – and for those looking to buy them
The Federal Deposit Insurance Corp. on Friday released its monthly list of banks examined for meeting the credit needs of their communities, and one Kansas bank with Wichita ties has received a low rating.
The 40 or so area bank executives — and one credit union boss — gathered in a meeting room Thursday at the Wichita Country Club represented banks ranging from $65 million to $4 billion in assets.
At the close of business on Friday, Sedgwick became the fourth community that Colwich-based Legacy Bank serves.
Kansas bank and thrift earnings were higher – and more of them were profitable – in the second quarter of 2012, according to a report released Tuesday by the Federal Deposit Insurance Corp.
Bob Corwin will be leaving his post as chief executive of Kansas’ largest credit union for a similar job in his hometown of Portland, Ore.
By this time next year, Community National Bank & Trust will have a permanent location in Newton.
Equity Bank and its holding company are pursuing separate lawsuits in Butler and Sedgwick counties against two former executives who now work for a competing bank – Rose Hill Bank.