Central Bank makes a $104M buy in KC


Central Bancompany Inc., which operates Central Bank of St. Louis, has agreed to buy LibertyBank in Liberty, Missouri, in a $103.7 million deal.

Bill Ferguson, president and CEO of Central Bank of the Midwest, said, “This opportunity allows us to expand our footprint north of the river in Kansas City, an area we have wanted to be in for some time.” The purchase adds 13 branches in the Kansas City area.

With $540 million in assets, BankLiberty has been named one of the strongest midsize banks…

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