Projects are chosen based on their ability to bring critical support and growth to Kansas City areas with significantly lower median family income and higher levels of poverty and unemployment. Recent projects include:
A new facility with a gym, health center, donation warehouse, and more will help Operation Breakthrough increase community services for urban core residents.
Redeveloping Linwood Area Ministry Place (LAMP) will allow non-profit ReDiscover, the primary tenant, to continue providing critical mental health services to over 24,000 people each year.
Facility improvements, including a 13,000-square-foot cooler, will advance operating efficiency and bring much-needed food security to food deserts across northwestern Missouri.
An important phase of the Paseo Gateway revitalization, Pendleton ArtsBlock will combine modern housing, art studios, and more to create an artist-centered residential community.
Your deposit goes directly to financing high-impact, mission-focused development projects that not only provide direct relief in the short term but also help stimulate economic growth and create jobs in the long term by attracting private-sector capital investments in these highly distressed areas.
To learn more and open a CD for KC, call, email, or visit Central Bank of Kansas City’s main location.
By focusing on funding development projects and providing affordable financial products, services, and education, Central Bank of Kansas City works to develop a safe, mutually beneficial system that brings prosperity to underserved populations and shareholders alike. Locally- and family-owned, the bank has been certified since 1998 as a Community Development Financial Institution (CDFI) for its investment in distressed communities. Through New Market Tax Credit (NMTC) allocations provided by the U.S. Department of the Treasury’s CDFI Fund, Central Bank of Kansas City has closed financing for 55 projects, with total project costs exceeding $1.12 billion.
*Annual Percentage Yield (APY) effective 4/8/2024. Minimum balance of $5,000 required. A penalty may be imposed for early withdrawals. Early withdrawal penalty will reduce earnings. Offer may be withdrawn without notice.
Operation Breakthrough Photo By Gloria Baker Feinstein
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