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Hate all those rising fees? Big banks may not care
It’s been interesting to watch banks — particularly the larger ones — continue to raise fees on services despite a backlash from consumers. U.S. bank customers paid $32 billion in checking account...
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Lead Bank offering free business advice
It's hard running a business, and if you need some advice on how to improve, Lead Bank is offering a way to get it. Lead Bank will host a resource fair for local entrepreneurs from 5:30 to 7:30 p.m. on...
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Kemper Arena replacement must be priority
The quest to replace Kemper Arena is like a duck on a pond moving quietly forward on the surface, with turbulent paddling going on underneath. It's been a year-and-a-half since the American Royal and...
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Joplin bankers share disaster recovery experience
Two years ago, with huge swaths of Joplin, Mo., leveled by a massive tornado, Arvest Bank's Stuart Puckett learned the personal side of the banking equation. Friends, neighbors and longtime customers...
View ArticleTnemec Co. sells equity stake
Tnemec Co. Inc. sold $409,493 in equity in a private offering that commenced on May 13, according to a filing with the Securities and Exchange Commission. The Kansas City-based provider of industrial...
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Mortgage lending growth finds a home in KC-area banks
Banks in the Kansas City area have been beefing up their mortgage operations, trying to increase their net interest income. Within the past year, Kansas City has reaped hundreds of new mortgage...
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Equity Bank CEO Elliott makes waves with KC growth plans
Brad Elliott started Wichita-based Equity Bancshares from scratch in 2003 and grew it into a bank with more than $1 billion in assets, mainly through mergers and acquisitions. Equity Bancshares has...
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Reporter page: Kemper Arena plan works on finances
Kansas City continues pumping between $1 million and $2 million a year into Kemper Arena, even though there seems to be consensus that the facility is no longer viable for anyone involved. Kansas City...
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Nike abandons Livestrong Foundation
The Livestrong Foundation suffered a big blow when Nike announced that after a nine-year partnership, it will no longer support the organization. The Livestrong Foundation provides free cancer support...
View ArticleBank earnings reach five-year peak
Banks in the 10th Federal Reserve District got healthier in the first quarter, according to a report by the Federal Reserve Bank of Kansas City. District earnings as a percentage of assets were at 1.13...
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Country Club Capital Advisors seeks banking M&A
Country Club Capital Advisors is entering the banking mergers and acquisitions market. The Kansas City-based investment bank isn't buying financial services directly for its parent Country Club Bank....
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Bank of Kansas City builds first new branch in years
BOK Financial Corp. celebrated Thursday the grand opening of its first newly constructed branch office since 2009. The new Lee's Summit branch is a clear departure from past Bank of Kansas City...
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New Ivy Fund raises $317 million
Waddell & Reed's Ivy Funds announced that it raised $317 million through an initial public offering of its first ever closed-end fund, called the Ivy High Income Opportunities Fund. The new fund...
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Reporter page: Banking on advice in disasters
It’s been interesting to learn a bit more about how bankers react to natural disasters like tornadoes. This past week, I talked to bankers in Joplin, Mo., about any tips they might have for their...
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Kansas City Board of Trade nears final closing time
For generations, the trading pit at the Kansas City Board of Trade was capitalism in its purest form. Traders crowded the steps of the recessed area, frantically calling out offers to sell and buy...
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Boulevard expands its distribution area
Boulevard Brewing Co. announced Friday that it plans to expand distribution of its beer to the entire state of Virginia. The Kansas City-based craft brewer already sells some product in limited areas...
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General Motors unveils new Chevrolet Malibu design
General Motors unveiled the 2014 Chevrolet Malibu on Friday, which will be produced at its local Fairfax Assembly Plant. The new car goes on sale this fall. The new car was developed in 18 months, much...
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Ford’s KC-made vehicles gain in sales, but GM's face declines
The Kansas City-produced Ford F-150 had stellar sales in May, but the Chevrolet Malibu and the Buick LaCrosse suffered disappointing sales, according to numbers released by the companies. The Ford...
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Willis nabs experienced VP from Blue Cross Blue Shield
Willis of Greater Kansas named Mark Dolsky as the new vice president of its human capital practice. Dolsky most recently served in the same role at Blue Cross Blue Shield of Kansas. He spent 23 years...
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George: Feds should ease up on the easing
If the U.S. economy were a car, and monetary policy were the accelerator, right now the pedal would be to the metal. Esther George, president of the Federal Reserve Bank of Kansas City, said the...
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