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Searching to boost its deposits and expand its footprint in the Kansas City area — particularly in the Northland — Academy Bank reached an agreement to acquire Gladstone-based KCB Bank.
Academy Bank is a wholly owned subsidiary of Dickinson Financial Corp., a bank holding company that also owns Leavenworth-based Armed Forces Bank.
Academy Bank ranked third on the Kansas City Business Journal’s list of the strongest large banks in the metro area in 2018. Its loan portfolio grew by 22.2% in…