Question 1

What is Community First Bank - Butler?

Accepted Answer

Community First Bank - Butler is a state-chartered community bank serving West-Central Missouri. With approximately $249 million in assets and four branch locations, the bank provides deposit and loan services with the resources of a larger institution combined with personalized local service. Operating as a subsidiary of Community First Bancshares, Inc., the bank focuses on serving individuals, families, and businesses in rural Missouri communities. As an FDIC-insured institution (Certificate #10595), Community First Bank emphasizes hometown banking values while offering modern financial solutions.

Question 2

When was Community First Bank - Butler founded?

Accepted Answer

Community First Bank - Butler was originally established in January 1932 as Citizens Bank of Appleton City, Missouri. The institution served the Appleton City community for over six decades before undergoing a significant transformation on November 10, 1997, when it changed its name to Community First Bank.

This rebranding reflected a new mission: to be the only true community bank in its markets, fully owned by local shareholders. On December 29, 2000, the bank's main office relocated from Appleton City to 915 West Fort Scott Street in Butler, Missouri, marking its expansion into the Bates County seat.

On April 30, 2010, Community First Bank grew through a government-assisted acquisition of BC National Banks in Butler, Missouri, expanding its presence and customer base in the region.

Question 3

Where is Community First Bank - Butler headquartered?

Accepted Answer

Community First Bank - Butler is headquartered at 915 West Fort Scott Street, Butler, Missouri 64730. Butler is the county seat of Bates County and is located within the Kansas City metropolitan statistical area.

Question 4

Where does Community First Bank - Butler operate?

Accepted Answer

Community First Bank - Butler operates four branch locations exclusively in West-Central Missouri:
• Butler Main Office: 915 W. Fort Scott Street, Butler, MO 64730
• Butler West Branch: 1109 W. Fort Scott Street, Butler, MO 64730
• Appleton City Branch: 214-16 W. 4th Street, Appleton City, MO 64724
• Garden City Branch: 200 N. 3rd Street, Garden City, MO 64747

All locations feature 24-hour ATM access. The bank serves communities in Bates, St. Clair, and Cass counties, focusing on rural and small-town markets within the broader Kansas City, MO-KS metropolitan area.

Question 5

What services does Community First Bank - Butler offer?

Accepted Answer

Community First Bank - Butler provides a comprehensive range of banking services designed for both personal and business customers:

Personal Banking: Checking accounts, savings accounts, money market accounts, certificates of deposit (CDs), and individual retirement accounts (IRAs).

Lending Services: Residential mortgages, consumer loans, auto loans, and personal lines of credit with flexible terms tailored to individual needs.

Business Banking: Business checking and savings accounts, commercial loans, lines of credit, and agricultural lending to support local farms and businesses.

Digital Banking Services: Online banking platforms and mobile banking apps that provide 24/7 account access, mobile check deposit, bill pay, and account management capabilities.

ATM Network: Four proprietary 24-hour ATMs at branch locations, plus access to nationwide surcharge-free ATM networks for customer convenience.

Security Services: ID theft protection and advanced security technology to safeguard customer accounts and personal information.

Question 6

What makes Community First Bank - Butler unique?

Accepted Answer

Community First Bank - Butler distinguishes itself through several key characteristics:

Local Ownership and Decision-Making: The bank is fully owned by local shareholders through its holding company, Community First Bancshares, Inc. This structure ensures that banking decisions are made locally by people who understand the community's needs.

Community-Focused Service: With a tagline of "Your Local Hometown Missouri Bank with Big City Benefits," the institution combines personalized customer service with comprehensive financial products typically available only at larger institutions. The bank regularly hosts customer appreciation events to strengthen community ties.

Strong Financial Performance: The bank demonstrates solid financial health with a return on assets (ROA) of 2.57% and return on equity (ROE) of 28.41%, indicating efficient operations and profitability well above industry averages.

Longevity and Stability: With roots dating back to 1932, the bank has weathered economic cycles, the Great Depression, and modern financial challenges while maintaining its commitment to serving rural Missouri communities.

Question 7

What type of financial institution is Community First Bank - Butler?

Accepted Answer

Community First Bank - Butler is classified as a State Chartered Commercial Bank. Specifically, it operates as a state charter and Fed nonmember bank, supervised by the FDIC rather than the Federal Reserve System.

As a commercial bank, it accepts deposits and makes loans to both individuals and businesses. Its state charter means it is regulated by Missouri state banking authorities in addition to federal FDIC oversight, providing dual regulatory supervision to ensure safety and soundness while maintaining flexibility to serve local market needs.

Community First Bank - Butler

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About Community First Bank - Butler in the United States