Brief History
Organized on Feb. 22, 1887, in Topeka, the Kansas Bankers Association
was one of the first five state bankers associations in the country. Fifty-six
chartered members started the Association, and two of those members (First National
Bank, Belleville, and First National Bank & Trust Company of Junction City) still
operate under the same name and charter today. In the early 1920s, as many as 1,300
banks belonged to the Association. But by the end of the decade and throughout the
Great Depression, several hundred banks would fail or merge. After World War II,
the number of member banks stabilized at 600 to 650. With the onset of the severe
recession of the late '80s and the advent of statewide branching by 1990, the
number of charters again dropped steadily. Nevertheless, Kansas continues to rank
fifth nationally with a total of 354 chartered banks today.
Throughout the Association's 118-year history, thousands of Kansas bankers
have given unselfishly of their time and talents to maintain the viability of the
KBA and the banking industry in Kansas. From the Association's inception, its officers,
board and council members have been nominated and elected annually by the membership.
Bankers from more than half of the state's 105 counties have served as KBA president
renamed chairman in 2003). Several banking families have seen two generations of
chairmen and one family (the Lulls of Smith Center) has provided three generations of
leaders. In 2004, Kent Needham became the 115th chairman of the Association.
Many Kansas bankers that have led the Association have also held prestigious state
and national offices. Two former KBA chairmen have served as governor of Kansas (W. J.
Bailey, 1903-1905, and Ben Paulen, 1925-1929). Two more have served as chairman of the
American Bankers Association (P.W. Goebel in 1917 and Rex Duwe in 1976), and another will
take the ABA helm in 2006 (Earl McVicker). A former KBA chairman has also served as
chairman of the Independent Community Bankers of America (James Harrington in 1983), and
four have served as state bank commissioner (Roy Haines, Emery Fager, W. Newton Male and
Clancy Norris).
Until 1906, volunteer bankers handled the administrative work of the Association.
In that year, the Association hired its first full-time secretary, W. W. Bowman. His
title was changed to executive vice president in 1931, and he continued in that capacity
until his death in 1938. He was succeeded by his son, Fred Bowman, and Fred served as
executive secretary until he was succeeded by his son, Carl Bowman, in 1961. During Carl's
tenure, the title of the position was once again changed to executive vice president. When
Carl retired in 1981, Harold Stones became executive vice president and served until his
retirement in 1997, after 30 years with the KBA. That same year, Jim Maag took up the
position, which was renamed president in 2003. After 25 years with the KBA, Jim retired in
November 2004. On Dec. 1, 2004, Chuck Stones became the sixth person to hold the top
administrative post of the Association.
The number of individuals working for the Association has increased over the
years as more services for banks and bankers, as well as new subsidiaries, have been
added. From 1999 to 2002, four subsidiary corporations were created (Kansas Bankers
Services, Inc.; KBA Insurance, Inc.; Kansas Bankers Education Foundation; and KBA/Hodge
& Porter, Inc.), each with a banker-based board of directors. As a result of the
tremendous increase in the number of educational, legal, employee benefits and government
relations services offered, the size of the KBA staff has increased to 28. Nearly 7,000
bankers from across the state attend KBA-sponsored events each year.
The offices of the KBA have always been located in Topeka since a full-time staff
was authorized in 1907. The original offices were in the Mulvane Building at 6th and Kansas
streets before they were moved to the Kansan Hotel in 1924. The offices remained there until
a move to the new First National Bank Building in 1932. For the next 37 years, the Association
conducted business at that site. In 1969, the offices were moved to the Merchants National Bank
Building at 8th and Jackson streets and remained there until October 2001, when the Association
dedicated its new home at 610 S.W. Corporate View in northwest Topeka.
Written by Kristin Keeney; Historical data provided by Jim Maag. 03/05