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In the United States, a state bank is a bank in a U.S. state that is chartered by the government of that state, as opposed to a national bank which is chartered at the federal level. [ 1 ] [ 2 ] Overview
Northwest Missouri State University: Maryville: Public: Master's colleges and universities: 9,662 1905 Southeast Missouri State University: Cape Girardeau: Public: Master's colleges and universities: 9,677 1873 Truman State University: Kirksville: Public: Master's colleges and universities: 3,636 1867 University of Central Missouri: Warrensburg ...
The Bank of Missouri began as The Bank of Perryville which received a state charter on November 2, 1891. From 1891 until 1902, The Bank of Perryville served as the only bank in Perry County, Missouri. In June 1997, The Bank of Perryville changed its name to The Bank of Missouri, and expanded into Cape Girardeau, Missouri.
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In 2007, Equity Bank made its first foray into the Kansas City metropolitan area, opening a location in Lee's Summit, Missouri. [4] The opening marked Equity's first location in Missouri, making the bank a multi-state operation. In June 2007, Equity Bank possessed $226.9 million of assets, compared to just $52.8 million in December 2004. [5]
The bank was a full-service branch of the former Reading State Bank, Reading, Kansas. To capitalize on the notoriety of the unusual name, the Reading location's name was changed to Tightwad Bank as well. [12] "We're seeking the customers with a sense of humor", admitted bank co-owner Donald Higdon in a 2008 interview with The Washington Post.
Missouri is the only state to have two main Federal Reserve Banks (Kansas City also has a bank). [2] Located in downtown St. Louis, the St. Louis Fed is the headquarters of the Eighth Federal Reserve District, which includes the state of Arkansas and portions of Illinois, Indiana, Kentucky, Mississippi, the eastern half of Missouri and West ...