All the buzz about Central Bank of Kansas City
Welcome House honored with 2025 Capstone Award
Congratulations to Welcome House! We’re honored to have supported the Welcome House project through New Markets Tax Credit financing. This nearly $13 million initiative created a state-of-the-art facility to expand residential recovery services for men battling substance use disorder—and it was recently recognized with a KCBJ Capstone Award for its impact on our region. Central Bank of Kansas City is proud to be part of projects that restore hope and strengthen our communities.
2024 KC's Five Strongest Midsize Banks of 2024
Proud to be named the Strongest Midsize Bank in KC!
"No. 1: Founded in 1950,
Central Bank of Kansas City is led by CEO Steven Giles. It's certified as a Community Development Financial Institution (CDFI), giving it special tools from the U.S. Treasury to boost economic opportunity and promote community development investments for distressed communities throughout the area. It’s also a well-run and strong institution. The bank had zero problem loans in a $288 million portfolio and a 13.4% core-capital ratio. The size of its loan portfolio, its equity capital of $50.2 million and income of $18.4 million (the highest of the top five) were the deciding factors in surpassing Fusion Bank for the No. 1 spot. (
Previous year: No. 2)"
Shark Tank Youth Competition 2025
On March 13th, 82 high school students competed in the 10th Annual Central Bank of KC Shark Tank Competition. 21 teams competed overall at Junior Achievement of GKC who hosted the competition. In the Innovation Center, Raytown High School's Blue team took first place and Allen Village1 won 2nd place. In the Career Center, Raytown South won 1st place and Allen Village2 won 2nd place. All teams had creative business pitches for the World Cup in 2026. As a CDFI, we are committed to supporting the community with impactful projects, but also through financial education with events like the Shark Tank Youth Competition.
2024 Capstone Real Estate Awards
The 2024 Capstone Awards recognizes five Community Impact Projects - projects that bring unique and meaningful services to our KC Community. Central Bank was proud to allocate New Markets Tax Credits to help Swope Health and Pawsperity - two of the five recognized in the Capstone Awards.
Swope Pace KC Adult Wellness Center offers a full range of health and wellness services for people ages 55 and older to help them age gracefully in their home communities. Pawsperity is a non-profit grooming school whose students are primarily single parents living in poverty - the workforce training gives the students a future career. Pawsperity offers additional pet services including doggie daycare and a grooming salon, which help support their life-changing mission.
KC's Five Strongest Midsize Banks of 2023
Central Bank of KC was recognized as one of Kansas City's top five strongest midsize banks. Our CDFI designation from the U.S. Treasury gives us special tools that "boost economic opportunity and promote community development investments for distressed communities throughout the area."
Affordable Housing
Creating affordable housing units is a critical part of developing low- to moderate-income communities, and a central focus of many CDFIs. This video highlights the work of Central Bank of Kansas City, and how alongside various partners, we helped create affordable housing units in KC's Historic Northeast.
NE News article from June 1, 2022 - Central Bank: Focused on serving the community in large and small ways
Housing Announcement - Congressman Cleaver - April 12, 2022
LISC Greater Kansas City’s Regional Housing Initiative, a partnership with
Mid-America Regional Council and other stakeholders, recently received a $3 million federal Community Project Funding grant that will help provide affordable housing for residents in Kansas City. The grant was announced by U.S. Rep Emanuel Cleaver III, chairman of the Financial Services Subcommittee on Housing at our main branch at 2301 Independence Blvd.
May 5, 2021
The Northeast News highlights what we've been up to this past year in their May 5th issue.
Donations for Don Bosco Senior Center - 4/3/2020
As our local communities face challenges from the coronavirus pandemic, Central Bank of Kansas City is ready to help. Our community partner Don Bosco Senior Center does so much to support our local seniors every day, and are essential in keeping them cared for during this challenging time. So we decided to help by donating fresh produce, groceries, totes and word search books for the seniors being served by center. Read more in our press release here.
Independent Banker - 9/01/2019
Central Bank of Kansas City created its own version of Shark Tank to give local high school students a hands-on lesson about entrepreneurship.
“As a CDFI [Community Development Financial Institution], financial education and community outreach has always been a really high priority for us,” says Sarah Cousineau, Director of Marketing and Community Outreach of Central Bank of Kansas City. “We saw this as a way to engage high school students in a worthwhile competition.”
The Wyandotte Echo | 8/23/2019
The Merc Co+op Breaks Ground on Downtown Grocery Store
“We are proud to be a part of The Merc Co+op project along with the other stakeholders. We know how important sustainable food is to the health of our communities. CBKC looks forward to downtown KCK progress with the opening of The Merc Co+op,” said Bill Dana, President/CEO of Central Bank of Kansas City.
Northeast News | 4/3/2019
Central Bank continues long tradition of offering services and products to meet the financial needs of Northeast customers.
“Central Bank of Kansas City has been an icon in the Northeast community for almost 70 years. While the financial institution has branched out over the decades, it remains committed to serving the community where its roots are planted. To that end, Central Bank continuously introduces new programs.”
Kansas City Business Journal | 3/27/2019
KC area has four of the nation's best-performing community banks. “Central Bank of Kansas City ranked 18th. It’s generating a net-interest margin of 4.93 percent and an efficiency ratio of 57.06. Its loan portfolio grew by 11.5 percent. Founded in 1950, the bank is led by CEO Bill Dana. It has a strong niche serving the low- to moderate-income population that dominates its geographic footprint. It also has become a trusted resource for the local Hispanic population.”
American Banker | 3/26/2019
Banks explore ways to capitalize on
tax law's 'Opportunity Zones' Bill Dana, CEO at the $177 million-asset Central Bank of Kansas City in Missouri, is still trying to figure out his bank’s role. As a community development financial institution, Central Bank works primarily in low-income communities. The majority of the Opportunity Zones in Kansas City are right in the census tracts that we deal in and provide services to,” Dana said. “It seems natural for us to be at the table.” Dana said he is continuing to examine possible business deals for his bank, but nothing has been finalized. "We’re still trying to figure out the best methodology for deployment,” he said.
Kansas City Business Journal | 3/5/2019
Kansas City Business Journal | 3/30/2018
Capstone Awards 2018: Adaptive Reuse — Hotel Indigo/Fairfax Lofts
“The Hotel Indigo/Fairfax Lofts project won a 2018 Capstone Award in the adaptive reuse category. In this profile, we highlight the project details, including unique features, special considerations and the community impact.”
