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Kansas City Business Journal honors Bank of Labor

In its annual bank rankings report, the Kansas City Business Journal awarded Bank of Labor in Kansas City, Kansas, an honorable mention in the category of strong, mid-sized banks with between $250 million to $1 billion in assets. The Business Journal stated: “Bank of Labor was founded in 1924 by the International Brotherhood of Boilermakers and established deep roots with working people. It’s being a good steward for that trust: The bank had 0.36% problem loans in a $256.7 million loan portfolio and a core-capital ratio of 7.42%.” (Previously unranked in 2019)