Savings bank

Clay County Savings Bank celebrates its century | Business

LIBERTY – This month, Clay County Savings Bank, with locations in Liberty, Kearney and Kansas City North, celebrates its 100th anniversary.

On March 15, 1922, a group of local businessmen – James Costello, SD Church, HR Banks, Frances Hale, Frank Hamilton, RW Rand, EH Norton, James Simrall and Claude Donovan – met at the now hotel known as the Franklin Apartments off historic Liberty Square for the purpose of discussing the formation of a new savings and loan association, a statement said.

On March 28, 1922, the Clay County Building and Loan Association was formed, marking the beginning of a community bank that now celebrates its centennial as Clay County Savings Bank. The first office was a 493-square-foot space in the basement of a building on the northwest corner of Liberty Square, according to the bank.

“It’s really exciting for us,” said President and CEO Mario Usera, who is celebrating 25 years with the bank. “Given the consolidation of our industry, continuing to be part of this community is quite an accomplishment.”

The bank is planning a celebration this summer at each of its branches. The bank will also be honored with a proclamation from the City of Liberty by Mayor Lyndell Brenton.

Clay County Savings Bank is the only financial institution headquartered in Liberty, the statement said. Nearly a third of its employees have 15 or more years of service with the bank and many former employees have worked their entire careers with the bank.

Source link