First National Bank of Omaha is acquiring CCB Financial Corp., which is the holding company for Kansas City, Mo.-based Country Club Bank. .The deal involving the two family-owned banks is expected to close before the end of the year. Country Club Bank has $2.2 billion in assets and $1.8 billion in deposits, along with a trust company with $2.8 billion in assets under management. Following the completion of the deal, the $32 billion First National Bank of Omaha will grow to have nearly $35 billion in assets and 4,800 employees. Country Club Bank’s 20 branches in Kansas and Missouri are expected to be rebranded and join FNBO’s more than 100 branches in eight states. “This is an exciting opportunity to bring together the best of both FNBO and Country Club Bank, combining our strengths, expertise and commitment to customer service to create a stronger, more innovative financial partner for not only the Kansas City area, but the entire FNBO footprint,” said FNBO Chair and President Clark Lauritzen.
First National Bank of Omaha is acquiring CCB Financial Corp., which is the holding company for Kansas City, Mo.-based Country Club Bank. .The deal involving the two family-owned banks is expected to close before the end of the year. Country Club Bank has $2.2 billion in assets and $1.8 billion in deposits, along with a trust company with $2.8 billion in assets under management. Following the completion of the deal, the $32 billion First National Bank of Omaha will grow to have nearly $35 billion in assets and 4,800 employees. Country Club Bank’s 20 branches in Kansas and Missouri are expected to be rebranded and join FNBO’s more than 100 branches in eight states. “This is an exciting opportunity to bring together the best of both FNBO and Country Club Bank, combining our strengths, expertise and commitment to customer service to create a stronger, more innovative financial partner for not only the Kansas City area, but the entire FNBO footprint,” said FNBO Chair and President Clark Lauritzen.