Kansas City Banking Company Buys Financial Services Firm

The Lee's Summit branch of the Bank of Kansas City | Photo courtesy of the Bank of Kansas City
The Lee's Summit branch of the Bank of Kansas City | Photo courtesy of the Bank of Kansas City

The Bank of Kansas City’s holding company has entered into an agreement to acquire GTrust Financial Corp., which adds $600 million in assets under management to the bank’s $3.5 billion. It also gives BOK Financial locations in Topeka, Wichita, Marysville, Larned and Overland Park. Aside from Overland Park, BOK has no presence in those cities.

The deal also adds a team of 30 experienced trust and investment professionals to the BOK network. A BOK Financial executive said the acquisition will “give us an instant and significant presence in markets where we really don’t have a presence today.”

Read more from the Kansas City Business Journal


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