News Topic: Missouri
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Small Kansas City credit union to merge into CommunityAmerica
Together Credit Union names first chief diversity officer
The St. Louis-based institution is the latest in the industry to create an executive-level position focused on diversity, equity and inclusion. ... Read full article
United Consumers Credit Union names insider as president
Jay Neathery has taken over for Chris McCreary, who stepped down as president of the institution but is staying on as executive vice president. ... Read full article
First Mid plans to expand St. Louis operations with Linco acquisition
The company would also gain a branch near Dallas with the proposed acquisition. ... Read full article
1st Financial FCU eyes expansion with rebrand
The $282 million-asset institution's new name is intended to build on its work with underserved communities around St. Louis. ... Read full article
Rhineland Bancshares expanding close to St. Louis with acquisition
The Missouri company 's deal for Clifford Bancshares is set to close later this year. ... Read full article
Southern Missouri Bancorp lines up deal in its home state
The company will pay $24 million in cash for Central Federal Bancshares. ... Read full article
Community bank rethinks wisdom of branch closings
Academy Bank in Kansas City, Mo., which shuttered nearly a quarter of its branches between 2015 and 2018, is now in expansion mode. Its CEO explains his renewed affinity for brick and mortar. ... Read full article
Simmons First expanding to Oklahoma City with Landmark purchase
The Arkansas company will pay $434 million for Landrum Co., which has branches in Missouri, Oklahoma and Texas. ... Read full article
Associated adding heft near St. Louis with First Staunton acquisition
The Wisconsin regional agreed to buy the parent of First National Bank in Staunton for $76 million in cash. ... Read full article
A commercial lending battle royal in Kansas City
The city, among the Midwest's most vibrant C&I markets, is luring community banks, as well as giants like PNC and JPMorgan Chase. ... Read full article
First Bank in Missouri taps insider as next CEO
Shelley Seifert had been the bank's chief operating officer. ... Read full article
Uma Wilson, UMB Bank | Most Powerful Women: Next
Over the past two years, Uma Wilson's strategy took a program that had been losing customers on a year-over-year basis and transformed it into the fastest-growing issuer of Visa cards in the region. ... Read full article
UMB to buy corporate trust business in Iowa
The company will open its first office in Iowa after buying the business from Bankers Trust. ... Read full article
Pass. Pass. Pass. Pass. Pass. Deal! When healthy banks have M&A leverage
Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked. ... Read full article
Heartland to expand Kansas City operations with Blue Valley acquisition
The Iowa company will pay $94 million for a bank with five branches and $727 million in loans. ... Read full article
Nobody saw this bank deal coming
When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away. ... Read full article
Missouri bank recruits veteran banker to join its board
Mike Walsh, former CEO of Jefferson County Bancshares, has become a director at St. Louis Bank. ... Read full article
Acquisition to give Simmons First big boost in St. Louis
The Arkansas company will pay $170 million to buy Reliance Bancshares. ... Read full article
