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On the Money: Newest KC arrival comes girded for competition

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The newest bank to enter the Kansas City market also is going to be one of the largest. Fifth Third Bank announced that it will open a loan production office in the Kansas City area, its first in the region. The bank hired Lafayette Ford as the market executive for its new Kansas City region. Ford is a 30-year veteran of financial services, with 18 years in the Kansas City market. Fifth Third Bank is a huge operation, with $139 billion in assets, 1,302 full-service branches and 2,638 ATMs. It grew…

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