Story

Safe & Secure

FDIC

Good news…mobank is stronger than ever — literally.

We had zero foreclosed properties in 2007 and 2008 – homes or businesses.
Zero past due loans (90 days or more) for 14 consecutive quarter-ends (as reported to the FDIC).

How mobank made it happen.

Having made zero sub prime loans, we avoided the housing issue. Simply put, we make loans to people who can pay them back.
We have strong relationships with great customers who tend to have higher credit quality and lower past dues than average.
Our loans are in more than one industry – we’re well diversified.
mobank hasn’t chased yield or credit for new business and we haven’t strayed from our market and what we do best. And we won’t.

Here’s the proof.

According to Kansas City Business Journal, in the June 2008 By the Numbers and the September 2008 By the Numbers, mobank is the only bank in the Kansas City area, (larger than $100 million in assets) with no problem loans.
Bancography, an independent consulting company, named mobank the 7th Best Bank Brand in the country out of 8,000 banks under $500 million in assets. No other small bank in Kansas City made the list.
The FDIC rates mobank in the top 3 percent nationally, of banks our size, for net loan losses and problem loans. That means we’re performing better than 97 percent of other banks.

For us, it’s business as usual. And because you bank with us, it’s business as usual for you too! Call us if you want to talk or if you would like to review our financial statements in detail.