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In 1906, Kemper was named president of the newly chartered Commerce Trust Company, an affiliate of the National Bank of Commerce. [8] Following the 1916 merger of the National Bank of Commerce into Southwest National Bank of Commerce ("Southwest"), Kemper sold his ownership in the trust company for $740 thousand in 1916 and retired in early 1917.
Commerce was founded by Francis Reid Long with $10,000 in capital in 1865, just as communities were rebuilding during post-Civil War Reconstruction. Originally known as the Kansas City Savings Association, it was acquired in 1881 by Dr. William Stone Woods and renamed the National Bank of Commerce, claiming at the time to be the largest bank west of Chicago. [5]
The acquisition gave Equity Bank 51 locations overall, including 23 in Kansas. In 2021, Equity Bank became a $5 billion bank. [30] In October, Equity merged with the parent company of American State Bank & Trust in Wichita, KS. [31] CEO Brad Elliott called the moved "The largest merger in the company's history."
CoreFirst Bank & Trust (formerly Commerce Bank & Trust) is an American community bank headquartered in Topeka, Kansas. Commerce Bank & Trust changed its name to CoreFirst Bank & Trust in order to differentiate itself from other "Commerce Banks", both in Kansas ( Commerce Bancshares ) and nationwide (such as Commerce Bank & Trust Company ). [ 2 ]
Hanes previously was the CEO of Heartland Tri-State Bank in Elkhart in southwest Kansas. "Shan Hanes is a liar and a master manipulator who caused Heartland Tri-State Bank to collapse," U.S ...
Trust families to use funds On Oct. 26, the South Carolina Education Association filed a lawsuit challenging the constitutionality of the Education Scholarship Trust Fund.
The U.S. attorney in Kansas says Shan Hanes, the bank’s CEO at the time, transferred approximately $47.1 million from the bank to make cryptocurrency purchases between May 30, 2023, and July 7 ...
The Young Americans Bank (YAB) is an American bank specifically set up for young people under the age of 22. [1] Although designed to teach children and young people how to manage money, Young Americans Bank is a full for-profit, Federal Deposit Insurance Corporation -insured financial institution. [ 2 ]