Luna Parent, Inc. announced today that it has acquired Lead bank, an independent community bank headquartered in Kansas City, Missouri.
"This acquisition is the culmination of my family's decades-long investment in serving the community of Kansas City and a testament to the hard work and dedication of each banker and team member who makes Lead Bank what it is today," said Josh Rowland, CEO & Vice Chairman of Lead Bank. "With Luna's commitment to Lead Bank and the value they place on community banking, we'll be able to accelerate our energy and resources to serve our incredible neighbors and clients better.”
Lead Bank is a community-minded, independent commercial bank recognized for its innovative approach to community banking and banking solutions that allow real people, businesses, and communities to thrive—serving communities with traditional banking products for businesses and households, along with treasury management, lending services, and innovative financial technology services for financial technology companies.
As a devoted small business advocate, Lead Bank has an outstanding reputation for delivering exceptional client service, creating valuable local partnerships, contributing significant community investments, and for having a focus on developing financial pathways for those who, in the past, have been financially marginalized, particularly minority and women-owned businesses.
Luna will further expand Lead Bank's community-focused banking services, enhance and grow its unique banking offerings to fintech companies and consumers, and continue to invest heavily in the Kansas City metro area while developing a national client base.
"Lead Bank defines its success by the success of the people it serves, the neighborhoods it helps, and the communities it touches every day," said Erica Khalili, President of Luna. "We are excited and honored to join the Rowland family's mission, Lead Bank's innovative approach to community banking, and the greater community of Kansas City."
Luna is a Bank Holding Company organized in the State of Delaware.
Chartered as Garden City Bank in 1928 and re-founded in 2010 as Lead Bank, Lead Bank is a community bank that excels in traditional banking services, BaaS (Banking as a Service), and payments solutions. Headquartered in Kansas City, Missouri, but serving clients digitally throughout the United States, Lead Bank is a recognized progressive financial institution.