Clay County Savings Bank ranks third among the strongest small banks in the Kansas City area, according to the Kansas City Business Journal.
The business newspaper ranked banks based upon five categories including: problem loan ratio, core capital ratio, equity capital, total loans and leases and bank credit problems. Data was compiled from 2015 year-end information posted by the Federal Deposit Insurance Corp. Small banks are defined as having less than $250 million in assets.
According to the Business Journal, Clay County Savings Bank is the only small bank “in the Kansas City area with a perfectly clean loan portfolio.”
The Bank offers a variety of personal and business loan services including home loans, home equity lines of credit, closed-end home equity loans, auto loans, construction and investment property loans, small business loans and commercial loans.
Clay County Savings Bank understands that loans are not one-size-fits-all. As a community bank, lending decisions are made locally and loans are serviced personally at area locations.