Exclusive offers from Central Bank of Kansas City
Helping support neighborhoods as a Community Development Financial Institution (CDFI) – building prosperity and providing opportunities in the communities that need them most.
About Central Bank of Kansas City
Central Bank has been recognized by the Community Development Financial Institutions Fund (CDFI) for the bank's investment in distressed communities and has been a certified CDFI since 1998.
Central Bank of Kansas City’s certification as a CDFI is a long-term commitment in building prosperity and providing opportunities in our local communities that need them most.
The Community Development Financial Institutions (CDFI) Fund is an initiative of the U.S. Treasury, which joins federal money with private sector capital to fund market-driven solutions to community-based issues. A CDFI works within its own local sector to help inject new sources of capital into areas and neighborhoods that normally would lack access to investment.
Central Bank of KC is an active participant in the federal New Market Tax Credit program - awarded by the CDFI Fund. The bank has allocated over $450 million in awards over the past 15 years to projects in severely distressed census tracts, including supporting projects totaling over $200 million in community facilities that provide services to the low-to-moderate income populations and over $200 million to manufacturing and industrial employers supporting the creation and retention of nearly 20,000 jobs in total.
For nearly 70 years, Central Bank has served the local community and helped build and support neighborhoods. From reading each week to 2nd graders at area schools, to talking to preschoolers about saving during Money Smart Month, to serving meals for the needy - Central Bank of Kansas City cares.
We at Central Bank of Kansas City are proud to be the only CDFI bank headquartered in Missouri, and one of the very few nationally. For us, it’s more than just giving back—it’s about believing in the opportunities.
A proud supporter of the community
Central Bank of Kansas City loves to be a part of a growing, vibrant city. Watch how we've partnered with some great organizations like Operation Breakthrough, DEED Foundation, Q39 and Linwood Area Ministry Place!
Central Bank of Kansas City is an FDIC insured financial institution
Federal Deposit Insurance Corporation
Central Bank of Kansas City is a member of the FDIC. Deposits in Central Bank of Kansas City are insured by the FDIC up to the limits of federal law. The standard insurance amount is $250,000 per depositor, per insured bank, for each deposit account ownership category.
What is SaveBetter?
The SaveBetter platform features a curated selection of high-yielding products offered by our network of banks. It’s your destination to discover competitive savings products and start saving wisely. Select and fund multiple savings products from different institutions, and manage them all from one account!
Funds deposited into any of the products on SaveBetter.com are always held by an FDIC-insured institution. A very easy and safe way to diversify your deposit portfolio.
Access quality products from our network of banks. Find the product that’s right for you.
One account to remember. Simplified statements. Easy access to manage your funds – all through a streamlined digital platform.
Start saving in 4 simple steps:
- 1.Discover competitive savings products.
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Now you can add more savings products any time you want. It’s that simple!
We are here to help!
Central Bank of Kansas City uses SaveBetter as a platform to feature and manage their online savings products. Customers open accounts with SaveBetter as the platform manages all aspects of the products offered by Central Bank of Kansas City including operations, customer service and marketing. In simple terms, SaveBetter is a consumer facing digital storefront that provides access to Central Bank of Kansas City products.
SaveBetter does not charge our customers any fees.
At SaveBetter, cybersecurity is a top priority and we implement a variety of technologies to protect our customer’s data, privacy and transactions.
Access: SaveBetter platform uses Multi-Factor authentication combined with leading authentication technology to protect our client identities.
Encryption: Your information is encrypted in-transit and at-rest using the latest cryptographic security algorithms.
Protection: Cloudflare advanced internet protection technologies are implemented to protect the SaveBetter site from malicious actors, botnets and denial of service attacks (DDOS).
Monitoring: The information security monitoring platform is in place to detect and alert on information security events.
Assessments: Our platform undergoes rigorous security assessments and testing from architecture planning to production phases.
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The SaveBetter name and logo are trademarks of SaveBetter LLC. The Deposit Solutions name and logo are trademarks of Deposit Solutions GmbH, used with permission. The Central Bank of Kansas City name and logo are trademarks of Central Bank of Kansas City, used with permission.
© 2020 SaveBetter LLC. All rights reserved.
APY means Annual Percentage Yield. APY is accurate as of October 30, 2020. Interest rate may change after initial deposit. Minimum opening deposit is $1.00.
Each customer authorizes the Service Bank to hold the customer’s funds in a custodial capacity in order to facilitate the customer’s deposits to and withdrawals from any product at Central Bank of Kansas City that the customer requests through SaveBetter.com. The Service Bank provides no advice to customers about deposit products at Central Bank of Kansas City. Central Bank of Kansas City, Member FDIC, d.b.a. Central Payments is the Service Bank.