YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Great Southern Bank maintained its local No. 1 rank on the Federal Deposit Insurance Corp.'s annual deposit market share report.
The FDIC's summary of deposits report, released this morning, shows that the financial institutions in the Springfield metropolitan statistical area collectively grew their deposits to $15.6 billion as of June 30. That's up 2.9% from $15.2 billion at the same time last year.
Great Southern Bank controlled 13.6% of the Springfield MSA deposit market as of June 30. That's up from a lead of 12% last year. Total deposits for the institution grew to $2.1 billion from $1.8 billion year over year.
Movement within the Top 10 comprised Guaranty Bank, which jumped to No. 3 from No. 4 a year earlier; Commerce Bank, down to No. 4 from No. 3; Legacy Bank & Trust Co., up to No. 6 from No. 7; OMB Bank, up to No. 7 from No. 8; Bank of America, down to No. 8 from No. 6; and U.S. Bank, up to No. 9 from No. 11.
Moseley’s Discount Office Products was purchased; Side Chick opened in Branson; and the Springfield franchise store of NoBaked Cookie Dough changed ownership.
