Fnbo signs fusion agreement with Country Club Bank

The first National Bank of Omaha (FNBO) has agreed to acquire CCB Financial Corp, the parent company of the Bank Club Bank, based in Kansas City, Missouri.

The agreement will combine two established financial institutions, both privately owned and have a history of family leadership, to improve financial services in the Midwest region.

Bank Country Club, founded in 1953, has expanded from a single commercial bank to a comprehensive financial institution and employs more than 400 people.

Currently, it has $ 1.8 million in deposits and $ 2.2 million in assets, as well as a trusted company with $ 2.8 million in management under management.

The signature services include personal banking, commercial banking, wealth management, trust services and capital markets.

This acquisition awaits the regulatory approval that is expected to be granted by the end of 2025.

Paul Thompson, chairman and CEO of the Bank Club Country Club, said: “Country Club Bank has a deep story of taking care of its customers, and it was paramount that any partner they consider to have a similar dedication.”

Following the merger, FNBO will manage about $ 35 million in assets and will have a workforce of approximately 4,800.

In addition, the 20 branches of the Bank Club country located in Kansas and Missouri will be integrated into the existing FNBO network of 100 branches in various states, including Nebraska, Kansas, Colorado, Wyoming, South Dakota, Illinois, Texas and Iowa.

The President and President of the FNBO, Clark Lauriva, said: “At FNBO, we know that long -term relationships are the angular stone of community growth and we were inspired by the Bank Club Bank’s shared commitment to this ideal.

“This is an exciting opportunity to bring together the best of FNBO and Country Club Bank, which combines our strengths, experience and commitment to customer service to create a stronger and more innovative financial partner not only for the Kansas City area, but also the entire FNBO footprint.”

“FNBO Sign Fusion Agree with Country Club Bank” was created and originally published International retail bankera brand of Globaldata property.

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