Arvest Bank Acquires More In Kansas City Area
by January 30, 2012 1:39 pm 89 views
Arvest Bank announced Monday it will acquire most of the assets and liabilities of Union Bank of Kansas City.
The move is expected to nearly double Arvest’s presence in the Kansas City area, where it has previously made acquisitions.
The Kansas City Business Journal reports:
“This was a way for us to expand our footprint,” said Mark Larrabee, Arvest president and CEO in Kansas City. “We have a couple branches in Missouri, in Downtown and in Lee’s Summit, and this was a great way to expand our presence on the Missouri side.”
You can read more here. Bentonville-based Arvest Bank is Arkansas’ largest bank in terms of deposit market share.