Central Bank announces new CEO

Steve Giles

Bill Dana

Michael Bushnell
Northeast News

Central Bank of Kansas City on Wednesday announced that Steve Giles will succeed Bill Dana as President and CEO of the Northeast based financial institution. Dana has served as CEO of Central Bank since 1991. He will remain with the bank on a full time basis as he transitions to Vice Chair of Central Bank’s Board of Directors.

 

“We have had a lengthy search to find just the right candidate to take the reins of CBKC”, said Bill Dana. “Steve emerged as the clear cut choice and we believe his experience and passion for community banking is the perfect fit to lead Central Bank into the future.”

 

Giles is no stranger to the banking industry in Kansas City having served in leadership positions at Lawson Bank, Freedom Bank and most recently Bank Liberty prior to its recent sale.

 

“Central Bank has a long history of supporting the Kansas City community” Giles said. “We’re excited about the opportunities the CDFI (Community Development Financial Institution) designation and the bank’s central payment’s division provide for the future.” Giles said.

 

Under Dana’s leadership the bank has received nine allocations of New Markets Tax Credits totaling $456-million. Those tax credits are designed to spur economic growth in traditionally distressed areas, providing loans, investments and financial counseling to low income rural communities.

 

Dana has also been instrumental in the continued growth and development of the Northeast Kansas City Chamber of Commerce and the Independence Avenue Community Improvement District.

“Bill has been a tremendous, hands-on supporter of the Northeast Chamber as well as the development of the Independence Avenue Community Improvement District” said Bobbi Baker-Hughes, President of the Northeast Chamber and CEO of the IACID.  “That said, we look forward to Steve coming on board and becoming part of the Historic Northeast community.

 

Want Northeast News articles sent straight to your inbox each week? Subscribe below!
Enter your email address and click on the Get Instant Access button.
We respect your privacy

Comments are closed.

  • End of school year parade

    9 hours ago
    by

    Dorri Partain Contributor On Thursday, May 21, teachers and staff at Gladstone Elementary decorated their cars with balloons, streamers, and […]


    After nearly 63 years, Joe Vento announces his retirement

    9 hours ago
    by

    Daisy Garcia Montoya Editorial Assistant If you’ve ever been to Joe Vento’s Barber Shop, you know that for $9, not […]


    Spread awareness, not COVID-19

    9 hours ago
    by

    Bryan Stalder Contributor City and State Stay Home orders have been lifted, but the city of KCMO has issued a […]


    Northeast News managing editor returns home to Texas

    9 hours ago
    by

    Northeast News Last week, Northeast News said goodbye to managing editor Elizabeth Orosco. She joined our staff in November 2018, […]


    KC STREETCAR MAIN STREET EXTENSION GETS GREEN LIGHT FROM FEDS

    19 hours ago
    by

    The KC Streetcar Main Street Extension project received the green light from the Federal Transit Administration (FTA) to enter into […]


  • Homicide near Indep/Hardesty

    May 24th, 2020
    by

    Officers were dispatched to an area near 12th and Hardesty  on a reported shooting at about 1:00 am.They however located […]


    Representation — and federal funding — at stake with 2020 Census 

    May 22nd, 2020
    by

    By Celisa CalacalThe Beacon If more Missouri residents had completed the 2010 Census, there’s a chance the state wouldn’t have […]


    RideKC Announces Later Hours for Transit Routes

    May 22nd, 2020
    by

    RideKC service routes will offer more hours as the region opens back up amid the COVID-19 crisis. Starting May 31, […]


    Longtime Avenue Barber hangs up the scissors.

    May 22nd, 2020
    by

    In 1957 when Joe Vento began what was to become a sixty-two year career of barbering, gas was 24 cents […]


    Concourse fountain dry through Labor Day

    May 20th, 2020
    by

    If you missed the wonderful photo op earlier this week while the Concourse fountain was a bright blue honoring UMKC […]


  • Want articles sent directly to your inbox each week? Subscribe below!
    We respect your privacy and will not distribute your information.