June 2015
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Central Bank of Kansas City receives $60 million NMTC Award
Marks the 6th time as an allocatee
by Sarah Cousineau
Central Bank of Kansas City (CBKC) is proud to announce being awarded $60 million in New Markets Tax Credit (NMTC) authority from the U.S. Treasury's CDFI Fund.The NMTC program allows CBKC to direct capital to underserved communities through financing high-impact, mission-focused projects. This is their sixth New Market Tax Credit award for a total of $271 million in allocations since the programís inception. In this allocation, CBKC is the only Kansas City home-office based allocatee out of the total of 87 organizations from across the country that will receive a total allocation of $3.5 billion, according to CDFI.
Supporting KC Hospice
cb staff volunteers at KC Hospice House
by Sarah Cousineau

On February 25, 2014, we lost a dear friend and colleague, Eddie Huwaldt, SVP of Central Bank of Kansas City. He spent his last days at the Kansas City Hospice House.  A little more than a year later, cbkc staff wanted to honor our friend by serving others that were in KC Hospice or visiting loved ones there as a community outreach project.

The Problems with Loan Websites
Why online loans may not be the answer

Letís face it: If youíre strapped for cash and need a loan, you want to be able to get it quickly. And thatís the reason why so many people turn to loan websites for their answer. Depending on your situation, loan websites may be beneficial to you. However, not everyone has the best luck with them. Sometimes, you risk losing a lot more than youíve gained, and itís smart to be aware of the cons when dealing with these kinds of sites.

Best Apps for Investing
For pros or beginners, the best ways to manage investing on the go

Thinking about becoming an investor, or want to make investing easier? Thereís an app for that. Thereís several, actually, and if used wisely, they can help anyone from big brokerages to small start-ups find success in their investing endeavors.

Best Vehicles for Summer
The open road and warm weather form a fantastic duo

The warmer weather is here, which can only mean one thing: summer vacation road trips! Whether youíre going out with friends or with the whole family, having the right vehicle can make all the difference.

Random Acts of Kindness Ideas
Make someone elseís day ó and yours!

They say kindness is contagious. The more nice things you do for others, the more that makes others prone to do the same. That said, what goes around comes around ó performing random acts of kindness upon others can make you happier, too, over the long haul.

What You Risk Without Small Business Insurance
Thereís a lot on the line ó protect yourself

Even though itís one of the most essential ways you can keep a small business secure, insurance is one of the most overlooked aspects in business planning. Donít let all your hard work and creativity go to waste due to one random incident; protect yourself and your business by obtaining the right …

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Disclaimer - All content contained in this newsletter is for informational purposes only and should not be relied upon to make any financial, accounting, tax, legal or other related decisions. Each person must consider his or her objectives, risk tolerances and level of comfort when making financial decisions and should consult a competent professional advisor prior to making any such decisions. Any opinions expressed through the content in this newsletter are the opinions of the particular author only.  This is an advertisement.
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