Kansas City area bank cites rising interest rates, housing inventory as reasons for layoffs
KANSAS CITY, Mo. — North American Savings Bank, based in Kansas City, notified Missouri officials earlier this month that it planned to lay off doz...
KANSAS CITY, Mo. — North American Savings Bank, based in Kansas City, notified Missouri officials earlier this month that it planned to lay off dozens of employees as part of a restructuring.In a Jan. 5 letter to the Missouri Department of Higher Education and Workforce Development, the company said the layoffs would affect employees at 26 locations across seven states, including two locations in Kansas and 10 in Missouri. The company said at the time it planned to notify employees as of Jan. 6.Roughly 140 employees would be affected across the 10 locations impacted.