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CoreFirst Bank & Trust facts for kids
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| Private | |
| Industry | Financial services |
| Founded | 1959 |
| Headquarters | Topeka, Kansas, USA |
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Number of locations
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14 branches |
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Key people
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Duane Fager, Chairman Kurt Kuta, President and CEO |
| Products | Banking services |
| Total assets | About $997 million (March 2013) |
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Number of employees
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Around 300-350 people (June 2013) |
| Parent | Commerce Bank & Trust Holding Company |
CoreFirst Bank & Trust is a bank that helps people and businesses with their money. It's known as a community bank because it focuses on serving specific local areas. The main office is in Topeka, Kansas, in the United States.
The bank used to be called Commerce Bank & Trust. They changed their name to CoreFirst Bank & Trust. This helped them stand out from other banks with "Commerce" in their name.
CoreFirst Bank & Trust serves communities in Kansas, like Topeka, Lenexa, and Olathe. They also have a location in Englewood, Colorado.
The bank offers many services. These include accounts for saving and checking money. They also provide loans for homes and other things. You can get Visa credit cards too. CoreFirst helps manage investments and offers services for businesses.
They also have modern banking options. You can do your banking online or pay bills over the internet. They offer electronic statements and ATM cards. Their ATMs and phone system can be used in both English and Spanish.
How CoreFirst Bank & Trust Started
CoreFirst Bank & Trust first opened its doors on December 3, 1959. Back then, it was called Commerce State Bank. In 1976, the bank got permission to offer trust services. This means they could manage money or property for others. After this, they changed their name to Commerce Bank & Trust.
In 1988, Commerce Bank & Trust started opening branches inside grocery stores. This made banking more convenient for people. Their first location outside of Topeka opened in Emporia, Kansas, in 1997. By 2004, the bank had grown a lot. Its total assets, which is all the money and property it owns, reached $1 billion.
Growing and Changing
In July 2007, Commerce Bank & Trust changed its name again. It became CoreFirst Bank & Trust. This new name helped them grow and open branches in new places. They wanted to expand beyond their original area in Topeka, Kansas.
In September 2007, CoreFirst opened its first location in Englewood, Colorado. This was a big step for the bank. Later that same year, they opened a branch in Shawnee, Kansas. This was their first location in the Kansas City, Kansas area. Since 2007, CoreFirst has opened two more branches in the Kansas City area. Today, CoreFirst has 15 branches in total, across Kansas and Colorado.