New savings bank planned for Plaza

New savings bank planned for Plaza Three Kansas City bankers and a Chicago bank owner said Wednesday they are starting a new savings bank on the Country Club Plaza. Calvin Kleinmann, former executive vice president and private banking head at Gold Bank, will be chairman and chief executive of The PrivateBank — Kansas City. Paul Clendening, former president and founder of First Commercial Bank in Overland Park, will become president and chief operating officer, and Sherman Titens, former marketing director of Gold Banc Corp. Inc., will be a managing director and chief marketing officer. The new bank is expected to be initially capitalized with more than $17.6 million, Titens said Wednesday. The group said it planned to immediately open a small loan office serving wealthier clients and entrepreneurs and, as soon regulators approve, a full-service private bank in the Plaza Colonnade building at 48th and Main streets.