Bank CEO to be parade’s Grand Marshal

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The Raymore Festival is a week away, and the festival committee has chosen the Grand Marshal for the annual parade: Community Bank Chairman and CEO, Bill McDaniel.

If there could be a theme for McDaniel’s mission in Raymore, it centers around the word community. McDaniel has been a prominent face in the area since he first bought the bank in 1992. Earlier this year, he threw out the first pitch during the Raymore “Day at the K” event.

“What I appreciate about the community is the growth of the community,” remarked McDaniel. He remembers looking out the bank window in the earlier days and seeing a two-lane highway with cattle grazing outside. Now the Community Bank of Raymore is surrounded by businesses, the Raymore City Hall, and an expanded 58 Highway.

“The development that’s gone on around in the community has just been fantastic over the last twenty-two years, and we’ve grown with the community.”

Indeed, the bank has grown from around $24 million in assets on McDaniel’s arrival to approximately $174 million.

“It’s been fun,” said McDaniel. “We’ve been involved in the Chamber, and folks in the bank have been involved in just about every function that goes on—the Festival, you name it, we’re involved in it.”

McDaniel’s philosophy toward community involvement is giving back. “We’ve grown with the community because of the community, and we’ve helped the community, so it’s kind of a win-win situation for both of us.”

McDaniel hails from Hamilton, Missouri, about an hour from the area, and the home of J. C. Penney. He studied business administration at the University of Central Missouri in Warrensburg (then called Central Missouri State University), where he played baseball. His wife also earned her degree there. McDaniel has been in the bank business in 1972.

“Since I bought the bank, we opened a branch down in Peculiar and then we bought another branch in Harrisonville,” said McDaniel. “I think that we’ve been able to expand into those markets by doing what we did here and are doing here in Raymore, and that is just being involved in the community and giving back to the community as we get from the community.”

The Raymore Festival in the Park is next weekend, September 19 through 21. The parade will be held Saturday morning at 8:00, beginning at Recreation Park, and McDaniel will be seen leading the way.

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