HNB National Bank and Kearney Trust Company have announced a definitive merger agreement, marking a significant development in Missouri’s banking sector. John Zimmer, President and CEO of HNB Bancorp, Inc. and HNB National Bank, joined Keith Doss, Chairman of Kearney Trust Company, a subsidiary of Trustco Bankshares, Inc., in revealing that the two institutions have executed an Agreement of Merger and Plan of Reorganization. Under this agreement, Trustco will merge into HNB, and Kearney Trust Company will merge into HNB National Bank.

Keith Doss emphasized that the merger aims to enhance service to the local community. "After thoughtful consideration and with a continued commitment to our customers and community, Kearney Trust Company today announced an agreement to join HNB National Bank, a well-established financial institution with expanded resources and services. This partnership positions our bank to continue its community-focused mission while bringing additional benefits to the people and businesses we serve," Doss stated.

For generations, Kearney Trust Company has built a legacy of supporting local families, farmers, and small businesses with personalized service and local decision-making. Through the partnership with HNB, customers will gain access to a broader suite of financial products and services, including improved digital banking tools, expanded lending options, and enhanced financial planning resources, all while retaining the hometown service they value.

Scott Middleton, President of Kearney Trust Company, noted, "Partnering with HNB allows us to preserve our local relationships and values while providing greater convenience, technology, and most importantly, long-term stability for those who trust us with their financial needs."

Bank officials assured customers and employees that no immediate changes are planned for branch locations or staffing. Day-to-day banking operations will continue as usual, with familiar staff members remaining in place to serve customers’ financial needs.

The merger also underscores a shared dedication to community involvement. Both institutions expressed their commitment to supporting local schools, nonprofits, and civic organizations, with plans to continue investing in their communities. "We are very excited to become part of the HNB family," Middleton said. "This will provide enhanced services and capabilities to our customers and greater opportunities for our staff."

HNB President John Zimmer described the transaction as a tremendous opportunity for both organizations, highlighting their shared history in community banking and commitment to customers, employees, and the communities they serve. "We are excited for the expanded opportunities in the communities served by Kearney," Zimmer said.

Kearney Trust Company, headquartered in Kearney, Missouri, is a Missouri State-Chartered Depository Trust Company with assets totaling approximately $313 million as of September 30, 2025. HNB National Bank, based in Hannibal, Missouri, operates 15 branches throughout Northern Missouri and holds assets of approximately $957 million as of the same date, with locations in communities including St. Joseph, Savannah, Stanberry, Hannibal, Perry, Palmyra, Bowling Green, Louisiana, Monroe City, Wentzville, and Troy.

The transaction is subject to customary regulatory approvals and is expected to be finalized in the second quarter of 2026.

KPGZ News – Brian Watts contributed to this story.