First Federal Bank merger, loan program approved

Federal regulators have approved the merger of Inter-State Federal Savings and Loan of Kansas City into First Federal Bank of Kansas City.

The bank also announced Wednesday the finalization of a $2.5 million home loan program with two coalitions to provide loan subsidies, financial education and money to rehabilitate vacant and blighted properties.

With the merger, First Federal Bank has $650 million in assets and operates 11 branches in Kansas City.

Read more: Kansas City Star


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