CrossFirst Bankshares Inc. (CFB)

Overview

CrossFirst Bankshares, Inc. stands as a prominent banking holding entity for CrossFirst Bank, aiming to serve a diversified client base that includes businesses, business proprietors, professionals, and their personal networks. Founded in the year 2007, the company is strategically headquartered in Leawood, Kansas, and extends its operations through a comprehensive full-service banking office network spanned across several states in the United States, including Kansas, Missouri, Oklahoma, Texas, Arizona, Colorado, and New Mexico. This expansion is complemented by its adept utilization of digital banking products, positioning the company to effectively cater to the evolving needs of its clientele.

Products and Services

CrossFirst Bankshares, Inc. offers a prolific spectrum of banking and financial services designed to meet the multifaceted needs of its clients, as outlined below:

• Commercial and Industrial Loans: This includes enterprise value lending, tailored to support businesses in various stages of their growth cycle.
• Commercial Real Estate Loans: Financing solutions for purchasing, developing, or refinancing commercial properties.
• Construction and Development Loans: Including home builder lending, these loans support the development and construction of residential and commercial properties.
• Residential Real Estate, Multifamily Real Estate, and Energy Loans: Diverse lending options for residential real estate buyers, multifamily property investments, and energy sector financing.
• SBA and Consumer Loans: Small Business Administration loans for small businesses, along with consumer loans for personal finance needs.
• Credit Cards: A range of credit card products suited for both personal and business use, featuring various benefits and rewards.
• Deposit Banking Products: Includes personal and business checking and savings accounts, offering a secure base for managing finances.
• Treasury Management Services: Advanced solutions for managing a business's finances, including cash management, payment processing, and fraud protection.
• Money Market Accounts and Certificates of Deposit: Investment options that offer competitive rates for short and long-term savings.
• Negotiable Order of Withdrawal Accounts, ATM Access, and Mobile Banking: Functional banking services designed for convenience and easy access to funds.
• International Banking Services: Support for cross-border financial transactions, facilitating global business operations.
• Non-interest-bearing Demand Deposits and Interest-bearing Deposits: A variety of deposit accounts that cater to different customer preferences, including transaction accounts.
• Brokered Deposits, Internet Subscription Certificates of Deposit, and Reciprocal Deposits: Alternative deposit gathering methods that enhance the bank’s liquidity and deposit base.
• Investments in Marketable Securities: The bank holds a portfolio of marketable securities, contributing to its financial stability and income generation.