“My great-grandfather Herbert H. ‘Bert’ Smith and his cousin C.V. Foust purchased The Citizens State Bank in Atlanta, Kansas – the predecessor to Citizens Bank of Kansas,” said Jane Deterding, Chairman of the Board of CBK and fourth-generation banker. “Ray J. Deterding was Assistant Cashier at the bank and continued in that position under Bert Smith. In 1925, Ray Deterding married Inez Smith – the banker’s daughter – and became president of the bank shortly thereafter.” The third generation joined the Bank in 1962. After working as a bank examiner for the FDIC for five years, Max S. Deterding, son of Ray and Inez Deterding, purchased the controlling stock of another rural Kansas bank, Turon State Bank. After Ray’s death in 1963, Max purchased the Citizens State Bank stock of his grandfather, Bert Smith, to maintain controlling shares for the family. Max Deterding was the visionary for the future of the Bank, acquiring several community banks in south-central Kansas. He was active in the Bank for over 40 years. Continuing the tradition of family ownership and management into the fourth generation, Mark Keeny – husband of Max and Shirley Deterding’s daughter, Amy – joined the Bank in 1993 after four years as a bank examiner with the Kansas State Banking Department. Mark served as Cashier and Executive Vice President; he became President/CEO in Dec. 2002, and currently serves as CEO. Jane Deterding, daughter of Max and Shirley Deterding, joined the bank in 2001 as General Counsel, Executive Vice President/ Chief Strategic Marketing Officer. She is also Chairman of the Board of Directors for CBK. Sarah Keeny Moon, daughter of Mark and Amy Keeny and fifth generation banker, joined CBK in 2019 as an Accounting Analyst. Kennedy Family from First National Bank in Frankfort First National Bank in Frankfort and the Kennedy family turned 100 years old in April 2021 but due to the pandemic, the celebration was postponed. The bank was started in 1921 when a group of area residents was granted a charter to become a national bank. The purpose of the business started due to several surrounding banks failing and/or leaving town. The original investors wanted to provide service to the community and surrounding areas. While technology has changed, the mission to provide banking services to the community and area has not. They have shown growth since the beginning. Among the founders was James W. Kennedy, who was then a farmer/rancher in the Frankfort community. He was elected President of the Bank, the first of four generations of his family to hold that position. First National Bank is the only bank in the county that remains family owned with headquarters in the county. William F. Kennedy spent his career as the second generation President and he bought many of the minority shareholders’ shares to put the majority of ownership in his family. William J. and Joseph P. Kennedy were the third generation to serve as President. Jay P. Kennedy is currently the fourth generation. Current ownership includes Jay Kennedy, his mother Marybeth Kennedy, his aunt Martha Miller, the trust of his late aunt Nancy Padden and W.J. Kennedy. Jay Kennedy said in an article covering the 100-year celebration of the bank, “Frankfort and the area have been good to our organization, and it is our goal to be good in return. Turning 100 was a big deal that was dampened by the pandemic. We are fortunate that the pandemic didn’t hit us as hard as most. Turning 100, whether a business, a community or an individual is a big deal. We are excited to start the next century. The bank has remained in the same location on 2nd and Kansas Street in Frankfort since day one. It has survived the Great Depression, the financial challenges of the 1980s, the 2008 recession and the pandemic. Congratulations to the Kennedy Family and to First National Bank! The Trust Company of Kansas Welcomes New Employees The Trust Company of Kansas (TCK) is pleased announce that Nicole L. Easton has been recognized by the American Bankers Association as a member of the Under 40 in Wealth Management, Class of 2023. These awards recognize wealth management and fiduciary professionals who are committed to the highest standards of achievement at work and in their communities. Nicole L. Easton is a Vice President & Trust Officer at The Trust Company of Kansas. With over 15 years of experience in financial services, Nicole has developed a passion for serving her clients with excellence. Her keen attention to detail keeps her focused on the financial aspects of her clients’ lives so that they can stay focused on their priorities. Nicole has a proven track record for creating tailored plans that help people (Left to Right) KBA’s President and CEO Doug Wareham presents Jay Kennedy with the Century of Family Banking award at First National Bank in Frankfort. (Left to Right) Duane Broxterman, Kathi Broxterman, John Kennedy, Frank Kohman holding Ada Weishaar, Ann Kohman with William Weishaar, Martha Miller, Bill Kennedy, Jay Kennedy, Maggi Kennedy, Marybeth Kennedy Nicole L. Easton, Vice President & Trust Officer Pub. 12 2023 Issue 1 21
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