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Academy Bank Announces Completion of Merger with KCB Bank That Gives Clients Access to 25 Locations in Kansas City Metro


KANSAS CITY, Mo., Oct. 21, 2019 /PRNewswire-PRWeb/ -- Academy Bank, a full-service community bank and wholly owned subsidiary of Dickinson Financial Corp., today announced the completion of its merger with Kearney, Mo. based KCB Bank. The merger demonstrates Academy Bank's continued expansion in the Kansas City metropolitan area. The merger bolsters Academy Bank's presence in Kansas City's Northland communities ? including Kearney, Liberty, and Gladstone, Mo. ? and expands its presence in Bonner Springs, Kan. ? to give clients access to 25 Academy Bank locations throughout the Kansas City metropolitan area. The five KCB Bank locations will be officially transitioned to Academy Bank by Monday, Oct. 21.

"Academy Bank's merger with KCB is a good fit that enables us to establish our footprint in Kansas City's Northland communities as part of our steady expansion across the metro area," said Paul Holewinski, President and CEO of Academy Bank. "By joining two strong, family-owned community banks, KCB and Academy Bank clients will benefit from newly combined resources that offer greater convenience with the latest banking innovations for a fast, easy and personal banking experience."

In addition to Smart ATM and mobile services for both personal and business clients, the merger gives all Academy Bank clients access to 25 locations across the metro are that now include four new branches in Missouri and one in Kansas:

Academy Bank recently opened new retail banking centers in Overland Park, Kan. and in the Crossroads Arts District in Downtown Kansas City, Mo. The bank also plans to open a retail banking center in Lenexa, Kan. next year.

Academy Bank ranked third on the Kansas City Business Journal's list of the "strongest large banks in 2018." With this merger, Academy Bank will now have $1.9 billion in assets and 25 branches in the Kansas City region, making it the seventh largest bank in the bi-state metropolitan area.

In addition to opening retail banking centers, Academy Bank is expanding Academy Express ?its innovative Drive-Thru Video Banking and ATM service ? throughout the Kansas City metro. Academy Bank clients are connected to a live banker to personally assist them with most banking services. Academy Express offers the convenience of extended banking hours, seven days a week (8 a.m. to 10 p.m. Monday through Friday; 8 a.m. to 5 p.m. Saturday; and 11 a.m. to 4 p.m. Sunday).

About Academy Bank
Academy Bank is a full-service commercial bank with $1.9 billion in assets and over 70 branch locations in Arizona, Colorado, Kansas and Missouri. Academy Bank provides a wide range of financial solutions for business and individuals, including commercial and business banking, treasury management and mortgage services. Academy Bank is a wholly owned subsidiary of Dickinson Financial Corporation, a $2.5 billion bank holding company headquartered in downtown Kansas City, Mo. Academy Bank's sister bank, Armed Forces Bank, proudly serves active and retired military and civilian clients around the world from 35 branches in 15 states. For more, visit http://www.academybank.com

 

SOURCE Academy Bank


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