Acting more like a big bank than a community bank, a $464 million-asset Kansas bank has agreed to buy an area brokerage firm.

Gold Banc Corp. of Leawood, Kan., plans to pay $4.25 million in cash and stock for Midwest Capital Management Inc., a privately held Kansas City, Mo., investment firm that assists in managing $3 billion of assets. The deal would allow Gold Banc to offer stocks, bonds, and other investment products to its customers.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.