Business

Stafford bank converts charter, changes name

Farmers National Bank has changed its name to Prairie Bank of Kansas, the Stafford-based bank said in a news release Monday.

The top executive of the bank, which operates branches in Hutchinson, Buhler and Inman, said the name change reflects its conversion from a national to a state bank charter.

“Many of our customers’ lending needs are continuing to increase, especially our customers with agriculturally based operations,” CEO James Richardson said, in the release. “The move to a state charter will allow us to better meet those needs.”

Richardson added that the Prairie Bank name pays “homage to our agricultural roots.”

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