Kansas Bankers Surety Company plays a crucial role in the banking industry, providing financial guarantees to banks and thrifts. It's a non-profit organization that's been around since 1926, making it a well-established entity in the financial sector.
The company's primary function is to provide fidelity bonds, which protect banks from employee theft and other forms of financial misconduct. This is a vital service, as banks have a significant amount of money and assets at risk.
Kansas Bankers Surety Company has a long history of serving banks in Kansas, and its services are available to banks of all sizes, from small community banks to large regional banks. The company's commitment to providing reliable and affordable bonding solutions has made it a trusted partner for banks in the state.
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Company Overview
Kansas Bankers Surety Company is a leading provider of surety bonds in the state of Kansas. Founded in 1933, it has a long history of serving the banking industry.
The company is a subsidiary of the Kansas Bankers Association, which represents the interests of banks and financial institutions in the state.
Kansas Bankers Surety Company is licensed by the Kansas Insurance Department and is authorized to issue surety bonds in the state.
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Banking Information
Kansas Bankers Surety Company is a trusted name in the banking industry, and for good reason. They offer a range of financial services that cater to the unique needs of their clients.
The company is licensed to write surety bonds in the state of Kansas, allowing them to provide security for businesses and individuals alike. They have a long history of serving the community with integrity and professionalism.
Kansas Bankers Surety Company has a team of experienced professionals who are dedicated to helping their clients achieve their financial goals. They take the time to understand each client's needs and develop customized solutions that meet those needs.
The company's commitment to customer service is evident in their prompt and courteous communication with clients. They make it easy to do business with them, whether you're a seasoned business owner or just starting out.
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Frequently Asked Questions
Is a surety company the same as an insurance company?
No, a surety company and an insurance company are not the same. While both provide financial protection, a surety company guarantees payment to another party, whereas an insurance company pays for losses in a claim.
Sources
- https://www.federalregister.gov/documents/2014/02/18/2014-03237/surety-companies-acceptable-on-federal-bonds-termination-kansas-bankers-surety-company
- https://casetext.com/case/the-first-national-bank-v-the-kansas-bankers-surety-company
- https://en.wikipedia.org/wiki/Kansas_Bankers_Surety_Company
- https://surety.org/law_library/federal-deposit-insurance-corp-v-kansas-bankers-surety-co-5/
- https://law.justia.com/cases/kansas/supreme-court/1959/41-282-0.html
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