Bank of Blue Valley is one of the best turnaround stories in the Kansas City area, and it’s about to write a new chapter after being acquired in January by Heartland Financial USA Inc. for about $94 million.
Bank of Blue Valley became a huge success after building a niche in Johnson County real estate. But that was one of the hardest-hit segments of the Kansas City economy when the Great Recession arrived in 2008. After charging off $13.9 million in loans, Bank of Blue Valley posted a loss of…
Bank of Blue Valley is one of the best turnaround stories in the Kansas City area, and it’s about to write a new chapter after being acquired in January by Heartland Financial USA Inc. for about $94 million.
Bank of Blue Valley became a huge success after building a niche in Johnson County real estate. But that was one of the hardest-hit segments of the Kansas City economy when the Great Recession arrived in 2008. After charging off $13.9 million in loans, Bank of Blue Valley posted a loss of…