Missouri’s Nodaway Valley Bank has opened an LPO in Platte City, Mo., and applied to open a full-service branch at the location.

Kelly Parkhurst, Travis Boyer, Marvin Davis and Leann Downing have joined the bank to help develop new loan customers, bringing 150 years of combined banking experience in the Platte/Clay county area.

“We see an opportunity to participate in Platte and Clay counties’ economic growth,” said Chairman and CEO James Robinson. “The Northland is used to community banking with local decision-making. Our de-centralized organizational structure gives our experienced lenders in each community the ability to make decisions that are often delayed by additional approval levels in larger banks. We think people on the move will appreciate our approach to business.”

The $932 million Nodaway Valley Bank has seven other branches in Missouri, including its Maryville headquarters.

Founded in 1868 in Maryville, the bank expanded into Savannah, Mo., in 1990, and entered the St. Joseph market in 1995. In 2003, it acquired the Heritage Bank of St. Joseph and the Exchange Bank of Mound City in 2007.

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