Merit Bank deal expands Academy Bank’s Johnson County footprint

Merit Bank deal expands Academy Bank’s Johnson County footprint

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Academy Bank announces plan to acquire Merit Bank.. commercial and retail customers in Johnson County." Academy Bank currently has three Johnson County, Kan., banking centers located inside.

A report from the American Academy of Arts and Sciences report, a national research group, says all states’ spending on higher education is still at a historic low, even after their recovery from the.

Upon completion of the transaction, Merit Bank will be fully merged into Academy Bank. Merit Bank is a $104 million Kansas community bank with three banking centers located in Overland Park.

It was founded in 1904 as the First Bank of Goff and took the Merit name in 2008 when it expanded into johnson county. merit Bank ranked No. 31 on the Kansas City Business Journal’s most recent.

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That would mean an operating budget of at least $2.8 million based on per-pupil state education funding and private contributions, but Ross said the academy could have an operating capacity of nearly.

First Citizens Bank is planning to beef up its presence in Virginia by acquiring the corporate parent of Bank of Virginia, which has six branches in the greater Richmond area, for about $35 million.

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