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Bank of America closes nine KC-area drive-up teller windows
Citing low use, Bank of America closed drive-up teller lanes at about 20 percent of its locations in the Kansas City area. Bank of America has 42 branches in the Kansas City area and closed the drive...
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Ford Transit shines among KC-made auto sales
Kansas City-made automobiles had mixed sales result in March, a month where overall sales for Ford Motor Co. and General Motors Co. slipped a bit. Ford posted overall March sales of 235,929, a 3.4...
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Entrepreneur: Going beyond the bookkeeper
It doesn’t matter how well your small business is doing, if you have poor accounting and can’t accurately manage the money, eventually you’re probably going to end up with problems. For most...
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On the Money: Mazuma looks west for growth
Mazuma Credit Union spent the past 65 years focused on marketing itself in Jackson County, but Kansas will play a huge role in its future growth. Mazuma finished moving into its new $16 million...
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On the Money: Simmons subtraction may limit addition
Simmons Bank says it remains interested in growth in the Kansas City market, but the moves it’s been making recently seem to make that a more difficult prospect. Based in Pine Bluff, Ark., Simmons Bank...
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KC funds earn Lipper Awards
American Century Investments and Waddell & Reed raked in 10 Lipper Awards this year, including five in the all-important 10-year category. The Lipper Fund Awards are given out annually by Thomson...
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BOK Financial selects Maun as chief credit officer
BOK Financial Corp. announced that it promoted Marc Maun to become its new chief credit officer. Maun is well known in the Kansas City area as the former CEO of Bank of Kansas City, growing it from...
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Everything about Mazuma's new HQ makes a bold statement
Mazuma Credit Union's new headquarters in Overland Park is a three-story, 53,000-square-foot statement that it means serious business. Although it's tucked behind a retail development on the northwest...
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How much are you losing on your prepaid debit card?
Prepaid debit cards are becoming popular options to send as a gift or just by people who like how easy they can make budgeting, but they all charge some kind of fees and a new study by Bankrate.com...
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Arvest growth driver: SBA loans, equipment financing
Arvest Bank saw nice growth on two big fronts in the past year: Small Business Administration loans and equipment financing loans. Arvest announced late Friday that it made a record 145 new SBA loans...
View ArticleKC automation company's newest hire will focus on international growth
If you've ever eaten at a fast food restaurant or bought snack items at a convenience store, the chances are pretty good that Shick USA helped design the ingredient automation system for the company...
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BATS sets monthly records for options, European trading
March was good to BATS Global Markets, with the company gaining market share for its U.S. equities, options, European equities and foreign exchange trading. The Lenexa-based stock exchange posted its...
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Epiq sees Iris Data Services as a growth platform
The $134 million acquisition of Iris Data Services will give Epiq Systems Inc. a solid platform for growth in an area of its business where Iris was creating waves. Founded in 2007 by co-founders...
View ArticleOverland Park's mortgage corridor lands another office
Cornerstone Mortgage Inc., a privately held mortgage banking firm based in Chesterfield, Mo., is expanding its operations in the Kansas City area with the opening of a new Overland Park office. This is...
View ArticleU.S. Bank needs new KC leader for wealthiest clients
Brad Scott, who led The Private Client Reserve of U.S. Bank in Kansas City, left to do the same job in Cincinnati. Cincinnati is the second-largest market for The Private Client Reserve. “Brad’s...
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Cash, card or app?: Alternatives rise, but dough hangs tough
With a growing list of alternatives, it’s no wonder the average American now carries no more than $20 in cash. Cash no longer may be the undisputed king, but it’s far from dead. In fact, the overall...
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List Package: UMB sees agribusiness lending sprout
Based in the heart of the nation’s breadbasket, it makes a lot of sense that UMB Bank decided to rejuvenate its rich tradition of agricultural lending Agribusiness has been a part of UMB since it was...
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Cash, card or app?: Banks target a $1 trillion market
It’s a typical night out on the town — meeting up with friends for dinner and a movie. After the meal, one friend picks up the tab rather than have everyone scramble to split the check. It’s the same...
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Newsmaker: Top Boulevard exec Thorpe sees ‘noble purpose’ in job
Simon Thorpe’s career has led him to work with some of the world’s biggest and most well-known brands, doing everything from marketing to mergers and acquisitions. Today, he’s applying that experience...
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Cash, card or app?: The rise of the virtual wallet
The practice of trading currency for something of value goes back to the Bronze Age. But just as iron replaced bronze tools, technological advancement is threatening to overtake the use of coins and...
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