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Despite earlier assurances, Federal Savings Bank exits KC

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The Federal Savings Bank sold its only bank branch in the Kansas City area to Blue Valley Ban Corp., despite earlier assurances from the CEO that the company was still interested in the Kansas City area. In February 2014, The Federal Savings Bank moved its headquarters from Overland Park to Chicago, sparking concern about the future of the operation in the Kansas City area. Federal Savings Bank CEO Steve Calk said in an interview at the time that the company had no intention of leaving Kansas "at…

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