Insight

Central Trust Company's Springfield Office Partners with West Plains Bank and Trust Company


West Plains Bank and Trust Company

January 5, 2017 

(West Plains, MO) - West Plains Bank and Trust Company is pleased to announce our partnership with Central Trust Company (Springfield, MO).  Central Trust Company will provide comprehensive and customized wealth management solutions to our customers including investment management, financial planning, and serving as a trustee or personal representative. Both companies are long standing and strong community leaders in their respective markets, making the partnership a natural fit and beneficial to West Plains Bank and Trust Company customers.

“Like West Plains Bank and Trust Company, Central Trust Company is focused on its clients,” said David M. Gohn, President and Chief Operating Officer of West Plains Bank and Trust Company.  Gohn added, “Together, we put the best interest of our customers above all and provide the best financial solutions coupled with a high touch service. 

“This partnership is built upon a strong foundation as both companies have been locally owned and managed since inception and share a dedication to remaining independent.  Our two companies have longevity in, and remain committed to, the communities that we serve,” said Gohn. 

“Central Trust Company has always adhered to the “fiduciary standard”, meaning we always put the best interest of our clients first.  Because our services are not commission based, we are always able to provide customized investment and planning advice without conflicts of interest. These tenets are the very foundation by which West Plains Bank and Trust Company and Central Trust Company operate.” said Scott Kellett, President and Chief Executive Officer of Central Trust Company.

The new partnership with Central Trust Company was approved during West Plains Bank and Trust Company’s November Board of Directors meeting.  Central Trust Company is now accepting appointments in West Plains and will conduct client meetings upon request, and at regular intervals, to ensure that clients never have to travel to meet with their wealth management team.

About Central Trust Company

With approximately $5 billion in combined client assets, Central Trust Company provides investment management, financial planning, trust and fiduciary services, and retirement planning for individuals, businesses, and charities.  The company employs more than 100 wealth management professionals in statewide offices in Springfield, Columbia, Jefferson City,
St. Louis, Kansas City, and Lake Ozark.  Central Trust Company is also part of Central Bancompany which was ranked for the eighth year in a row as one of Forbes Magazine’s “Best Banks in America.” For more information, visit www.centraltrust.net.

About West Plains Bank and Trust Company

With more than $375 million in assets, West Plains Bank and Trust Company operates five locations in West Plains and Mountain View, Mo., and a loan production office in Mountain Home, Ark.  Founded in 1883, West Plains Bank and Trust Company offers deposit-capable ATMs and mobile banking, focusing on blending the latest in technology with personalized service. For more information, visit www.westplainsbank.com.

If you are interested in learning more about the partnership with Central Trust Company, please contact the Bank at 417-256-2147.

Stanley & Elaine Ball Foundation Awards Grant Recipients


Springfield, MO – On Thursday, December 1, 2016 the Stanley & Elaine Ball Foundation, managed by Central Trust Company, announced the recipients of its 2016 grant cycle to local non-profit agencies.  A total of 46 applications were received for this cycle.  Grants were awarded to 18 recipients totaling a community investment of $198,370.00.  This comes in addition to $1.5 million that the Foundation invested into several community impact organizations in its inaugural year.  Requirements for grant applicants included the organization’s ability to enhance educational opportunities and/or provide support for disadvantaged children.

2016 Ball Foundation Grant Recipients

  • Arc of the Ozarks - $7,500
  • Big Brothers Big Sisters of the Ozarks - $10,000
  • Boy Scouts of America - $10,000
  • Boys & Girls Clubs of Springfield - $500
  • Branson R-IV Education Foundation - $10,000
  • Bridges for Youth - $10,000
  • Children’s Smile Center - $10,000
  • Council of Churches - $10,000
  • Equi-Librium Therapy Center - $21,370
  • Good Samaritan Boys Ranch - $35,000
  • Isabel’s House Crisis Nursery - $10,000
  • The Kitchen, Inc. - $10,000
  • Least of These - $10,000
  • Ozarks Literacy Council - $10,000
  • Ronald McDonald House - $10,000
  • The Victim Center - $10,000
  • Wish I May - $4,000
  • Women in Need - $10,000

The grant selection committee included Jo Arcudia, Karen Hall, Ken Homan, Diane Homan, & Jami Peebles.  The application for the 2017 grant cycle will open on March, 1, 2017 and will be available at www.centraltrust.net at that time.

About the Stanley & Elaine Ball Foundation

Stanley and Elaine Ball formed this foundation primarily to grant portions of their estate to area charities in the Springfield metro area. Past recipients have included Harmony House; Community Foundation of the Ozarks – Northwest Project; the Christian County Library; and the Taneyhills Community Library in Branson. Stanley recognized that there were many people in the Ozarks who truly wanted better lives, but simply didn’t have the resources necessary to improve their situations. As a result, he wanted to do his part to create communities that helped people to be successful and happy. He also felt strongly about education and helping children.  The Stanley & Elaine Ball Foundation is proudly managed by Central Trust Company.

Ball Foundation Now Accepting Grant Applications

Deadline: August 30, 2016

The Stanley and Elaine Ball Foundation, managed by Central Trust Company, is currently accepting grant applications for non-profits that meet the requirements of enhancing educational opportunties and/or providing support for disadvantaged children.

Please fill out the Grant Application (Available again March 2017) form and submit it to janet.helfrecht@centraltrust.net or return by mail to Central Trust Company, 3333 S. National Ave, 3rd Floor, Springfield, MO 65807.



BREXIT: Keep Calm and Carry On

In this white paper, our Central Trust Company investment group helps you make sense of the recent Brexit vote in Europe, and the impact it has made on global economics.

BREXIT: Keep Calm and Carry On (414.8 KB)




Kristin Carter Hired as Central Trust Company Tax Officer

Springfield, MO – March 30, 2016 – Central Trust Company, an affiliate of Central Bank, is pleased to announce the recent hiring of Kristin Carter, CPA as ourcompany's Tax Officer.

Carter will be responsible for the day-to-day management of Central Trust Company’s tax operations, including developing best practices and identifying and improving policies and procedures.  She will act as the liaison between the staff of Central Trust Company and outside CPA firms and vendors regarding necessary tax forms and filings, as well as providing education to staff on tax-related issues and changes in legislation. Carter will also serve as a resource for the employees and clients of Central Trust Company. Carter, whom will serve the entire company, will be located at our location in Springfield, Missouri.

 “High net worth clients, entrepreneurs, and retirees cannot have their money managed in a vacuum.  Their wealth management provider must absolutely understand all facets of wealth management including financial planning, estate and gift tax planning, and, of course, the tax implications of any recommendations or decisions made on behalf of the client.” said President and CEO Scott Kellett. “Hiring Kristen expands our expertise and abilities in the tax area of our wealth management company and is further evidence of the commitment we have to our clients by employing highly skilled and experienced wealth management professionals,” said Kellett.

Click here to read the full news release.

Stanley & Elaine Ball Foundation Awards $1.5 Million to Ozarks Nonprofits

Springfield, MO (October 8, 2015) – On October 7, the Stanley & Elaine Ball Foundation awarded a total of $1.5 million to four nonprofit organizations in the Ozarks – Harmony House; Community Foundation of the Ozarks – Poverty Summit; the Christian County Library; and the Taneyhills Community Library in Branson.

Central Trust Company is proud to manage Stanley and Elaine's foundation and to play a small role in helping fulfill their dream of making the Ozarks a better place. The Stanley & Elaine Ball Foundation is accepting grant requests through August 2016. Contact Rachel Campbell at Central Trust at 417-883-3838 for more information.

Click here to read the full press release. (81.1 KB)

Central Trust Company Expands Team in Columbia - September 2015

Columbia, MO - September 14, 2015 - Central Trust Company in Columbia is pleased to announce that Kim Schwend and J. Bryan Allee have joined their team of seasoned professionals. Kim Schwend is the office's new assistant vice president and relationship manager, and J. Bryan Allee now serves as vice president and relationship manager.

Schwend boasts nearly 20 years of experience in the financial services industry. Prior to joining the Central Trust team, Kim worked for Central Trust's sister bank, Central Bank of Boone County, for 19 years. During the last six years of her tenure there, she served as a relationship banking officer, focusing on IRA administration. Dedicated to furthering her skills and knowledge, Schwend took the initiatvie to earn the Certified IRA Services Professional (CISP) designation. Schwend's primary responsibility at Central Trust is to provide wealth advisory and other administrative services for IRAs and investment management accounts.

Allee has been working in the industry for more than two decades, garnering his experience at Valley View Bank/Valley View Trust Company and Midwest Trust Company. He earned his Juris Doctor from the University of Missouri - Kansas City School of Law and has been a member of the Missouri Bar since 1989. Allee's primary role at Central Trust is administering personal trusts, estates, investment management relationships and individual retirement accounts.

Click here to read the full press release. (70.0 KB)

 

Hamilton Trinidad Hired as Vice President and Senior Portfolio Manager in Columbia - July 2015

Columbia, MO - July 21, 2015 - Central Trust Company in Columbia is pleased to announce the recent hiring of Hamilton Trinidad as vice president and senior portfolio manager.

Hamilton has more than 20 years of experience in the financial services industry. His primary responsibility at Central Trust will be working with clients to structrure and manage customized investment portfolios that will help them meet their individual goals.

Click here to read the full press release. (76.8 KB)

 

Melanie Holland Hired as Vice President and Trust Relationship Manager in Kansas City - June 2015

Overland Park, KS - June 3, 2015 - Central Trust & Investment Company in Kansas City is pleased to announce the recent hiring of Melanie Holland as vice president and trust relationship manager.

Melanie has 35 years of experience in the trust industry. Her primary responsibilities at Central Trust will be leading the Kansas City office and providing welaht advisory; tax and estate planning strategies; trust administration; and fiduciary services to clients.

Click here to read the full press release. (258.6 KB)

 

Two Vice Presidents Hired in the Springfield Office - October 2014

Springfield, MO – October 1, 2014 – Central Trust Company of Springfield (affiliated with Empire Bank and Ozark Mountain Bank) is pleased to announce the hiring of two new Vice Presidents: Janet Cyr Helfrecht, JD and Candice Reed. Click below to read each press release:

Teresa Douglass Hired as Vice President & Relationship Manager in Columbia - September 2014

Columbia, MO – September 2, 2014 – Central Trust Company (affiliated with Boone County National Bank) is pleased to announce the hiring of Teresa Douglass JD, LLM, CPA as Vice President & Relationship Manager with the company’s Columbia office.

“We are again strengthening our commitment to provide the highest level of service to our clients here in the Columbia area by adding a highly respected and client-focused wealth management professional to our team,” said Dave Stepanek, Executive Vice President and Western Regional Manager at Central Trust. “Teresa brings more than 25 years of wide-ranging experience to her role, and will assist us in the management of irrevocable trusts, special needs trusts, and estate administration.” 
Click to read the full Press Release



Central Trust & Empire Bank Make $10,000 Donation to Red Cross -
March 2014

Southern Missouri Region — The American Red Cross in southern Missouri is proud to accept a donation from Central Trust and Empire Bank in the amount of $10,000 to help fund Red Cross’ efforts with the response to the large number of fire disasters in our community. 
Click to read the full Press Release

 

Kevin A. Carey Hired as Vice President & Senior Portfolio Manager -
January 2014

Central Trust Company (affiliated with Boone County National Bank) is pleased to announce the hiring of Kevin A. Carey as Vice President & Senior Portfolio Manager with Central Trust Company's Columbia location.  "We are strengthening our commitment to provide the highest level of service to our Columbia area clients by adding a well-respected and client-focused wealth management professional to our team," said Dave Stepanek, Executive Vice President and Western Regional Manager with at Central Trust. 
Click to read the full Press Release

David A. Richards Hired as Vice President & Senior Portfolio Manager at Springfield Location - December 2013

Central Trust Company is proud to announce the hiring of David A. Richards as Vice President & Senior Portfolio Manager with Central Trust Company's Springfield location. "We recognize the importance of a highly qualified and experienced investment team. To bolster that commitment, we are pleased to announce the addition of David Richards. He comes to us with tremendous experience in the wealth management arena and will make an outstanding addition to our team," said Jami Peebles, Executive Vice President & Southern Regional Manager at Central Trust. Click to Read More

Leah Murray Named to Board for the Center for Plant Conservation - November 2013

Central Trust Company and the Center for Plant Conservation are pleased to announce that Leah A. Murray, J.D., Vice President & Wealth Strategist, has been named a trustee of the Center for Plant Conservation.  Click to Read More

Jami Peebles Named a 2013 Trusts & Estates Magazine "Practitioner With Heart" Award Winner - October 2013

Central Trust Company is pleased to announce that Jami Peebles, Executive Vice President and Southern Regional Manager, has been named a 2013 “Trust & Estates Practitioners With Heart” national award winner. This is an accolade designed to honor estate-planning professionals who exemplify the highest standards of professionalism, and are active in charitable giving and mentoring. The award was published in the October edition of Trusts & Estates Magazine, which began shipping on September 27.
Click to Read More

Central Bancompany Again Recognized by Forbes - January 2013

For the fourth year in a row, the prestigious business publication, Forbes Magazine, has recognized Central Trust & Investment Company's holding company (Central Bancompany) as one of America's Best Banks in its annual review of the nation's 100 largest financial institutions. Click to Read More

Article by Jami Peebles, Regional Manager of Central Trust in Springfield, Featured in Living Well Magazine - November 23, 2012

Click the link below to view the fall/winter 2012 edition of Springfield's Living Well Magazine. Jami Peebles authored an outstanding article on the subject of estate planning.

Click here to view the full magazine, courtesy of Living Well magazine - Springfield: http://bit.ly/livingwell-nov12

Long-Term Care: Helping Clients Make the Right Choices - November 2012

This article summarizes where long-term care insurance currently stands as an industry, the benefits and costs associated therein, some compelling statistics related to long-term care and much more.
Click the following link to read the article: Long-Term Care: Helping Clients Make the Right Choices

[Link posted with permission by the Financial Planning Association, Journal of Financial Planning, November 2012, Long-Term Care: Helping Clients Make the Right Choices by Karyn L. Neuhauser, Ph.D.. For more information on the Financial Planning Association, please visit http://www.fpanet.org/ or call 1-800-322-4237.]


American Red Cross License Plates Are Helping Others - August 29, 2012

On August 15, 2012 Governor Jay Nixon met with representatives from the American Red Cross and Central Trust & Investment Company to show his support of the Red Cross in Missouri. Due to a generous donation from Central Trust, the $5,000 application fee has been paid, and at this time we are encouraging YOU, our neighbors, family and friends to not only show support visually, but also financially, for the Red Cross in Missouri by being one of the first 200 friends of the Red Cross to apply for this very special plate. It is available now and here is how YOU can get involved! Visit the Department of Revenue online http://dor.mo.gov/forms/1716.pdf%20 and download the application for your plates.
-Click here to read more. 
-Click here to view a photo from the bill signing.
-Click here to view a promotional flyer from the American Red Cross.

Central Trust Partners with American Red Cross: Missouri License Plate Initiative Kicks Off at the Capitol - August 13, 2012

This act allows interested individuals to obtain Missouri Chapter American Red Cross specialty personalized license plates. In order to obtain the special license plate, a person must pay a $25 emblem-use contribution to the American Red Cross Trust Fund, submit an application to the Department of Revenue accompanied by an emblem-use authorization statement and pay a $15 fee in addition to regular registration fees.
Click here to learn more:   2012 MO License Plate Initiative (124.2 KB)
Click here to see an example of the new license plate: License Plate Image (293.6 KB)