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New Mazuma COO hopes to repeat history
Deonne Edwards helped Seattle-based Kitsap Credit Union double in size during the past decade, and now she wants to do the same thing at Mazuma Credit Union as its new chief operating officer. Ten...
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Bank Midwest parent launches capital finance division
National Bank Holdings Corp., the parent of Kansas City-based Bank Midwest, formed a new specialty finance division called NBH Capital Finance. NBH Capital Finance will make asset-based loans to middle...
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First National Bank of Louisburg establishes niche in Prairie Village
After a year of remodeling, First National Bank of Louisburg officially opened a new office in Prairie Village on Wednesday, which will house two other businesses also owned by the McLiney family....
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Milburn Country Club reborn from ashes of its clubhouse
Milburn Country Club is set to celebrate the grand opening of its new $9.8 million clubhouse, which replaced a building that burned down in November 2010. The Overland Park-based country club’s new...
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Reporter page: Looking to buy a failed bank? Expect slim pickings
There are slim pickings for bank failures this year, causing many banks to rethink that route as a strategy for growth and adjust their plans. National Bank Holdings Corp., the parent of Bank Midwest,...
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Up close: Mariner Kemper follows history, his own path at UMB
Mariner Kemper took the helm at UMB Financial Corp. on May 10, 2004, a date he recites quickly from memory. It was a pivotal moment for the bank, and Kemper picked up the ball and ran with it where his...
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Kemper family values chart the course for UMB
Mariner Kemper comes from a long line of bankers, and plenty of knowledge has passed along through the generations, shaping the way UMB Bank looks today. Kemper’s great-grandfather, William Kemper,...
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Ranpak move to Missouri will create 25 jobs
Ranpak Corp. will invest $2.9 million and create 25 new jobs as it moves a production plant from Kansas City, Kan., to Kansas City, Mo. The company will receive $176,247 in enhanced enterprise zone tax...
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State Street fires and hires in Kansas City
State Street Corp. in Kansas City is laying off people while hiring at the same time. The company laid off 15 IT employees last week in Kansas City. However, it also is hiring client service...
View ArticleKPMG's Dobbs: Supply-chain efficiency motivates manufacturers
Cost reduction remains the No. 1 priority of manufacturers, leading to a focus on supply chains and renewed interest in mergers and acquisitions, according to a new study KPMG LLP released Monday. The...
View ArticleDobbs' career path as manufacturing expert has KC roots
Career paths often take interesting twists and turns, and that's certainly the case for Jeff Dobbs. I recently had a chance to interview Dobbs after KPMG LLP released its fourth-annual Global...
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NASB continues to add mortgage jobs
North American Savings Bank added nearly 250 employees to its mortgage operations center in Kansas City in 2012 and plans to add 75 more workers by the end of 2014. Grandview-based NASB’s mortgage...
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Stinson named as top banking M&A law firm
Stinson Morrison Hecker LLP was the nation's most active legal adviser for bank mergers and acquisitions in 2012, according to data from SNL Financial. Kansas City-based Stinson was involved in 14...
View ArticleWireCo hires heavy hitter as new CEO
Kansas City-based WireCo WorldGroup named Christopher Ayers as its new president and CEO. Ayers replaces Stephan Kessel, who served in an interim role since April, when Ira Glazer, the previous CEO...
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Barth: Commerce Bank acquisition expands Oklahoma foothold
The agreement to buy Tulsa-based Summit Bancshares Inc. is the first time in six years that Commerce Bancshares made a move to acquire another bank, and it comes with many benefits. The Kansas...
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Hawthorn zeroes out TARP debt, avoids potential snags
Hawthorn Bancshares Inc. announced that it repaid the entire balance of the debt it owed to the U.S. Treasury’s Troubled Asset Relief Fund. Lee's Summit-based Hawthorn Bancshares, the holding company...
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Reporter page: Country Club CEO gets lifelong tutorial in banking
When you talk about banking in the Kansas City area, two family names always come to the forefront: the Kempers, predictably, and the Thompsons. Country Club Bank Chairman Byron Thompson, a leading...
View ArticleHarley-Davison cuts Kansas City workforce by 140
Harley-Davidson Inc. will reduce the workforce at its Kansas City plant by 140 on June 30. Out of that total, 75 are seasonal employees who are brought on and let go as demand for production rises and...
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Cable-Dahmer beefs up repair capabilities
Cable-Dahmer Auto Group Inc. is betting heavily on its auto repair and body shop business — to the tune of $2.2 million. That's how much the Independence-based company spent remodeling the former...
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Regulators find BMO Harris lax on compliance
Bank regulators found BMO Harris Bank deficient in compliance with the Bank Secrecy Act and anti-money laundering regulations, placing the bank under a written agreement to improve the situation. The...
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