OTTAWA — A change in ownership means the Kansas Sate Bank of Ottawa will be completely owned by the McLiney Family Shareholders group. The McLiney Family Shareholders group has owned part of the bank’s stock since 1976. In a written statement, the bank said federal and state regulators have approved the deal and new management will begin to transition into the bank immediately. Joseph McLiney, who has been on the Kansas State Bank board of directors for more than 30 years, will be the chairman. “My family and I feel very fortunate to be part of such a great community like Ottawa and we have exciting plans for the future.” Daryl Flager, who started his banking career at Kansas State Bank in 1917, will return as president. Roger Maxwell will to the bank as senior vice president and chief credit officer. Kansas State Bank was founded in 1917 and has more than $90 million in assets. The bank has two facilities in Ottawa and a bank in Baldwin City.
Monday, Feb. 13, 2 p.m.
