▁ ▁S ik eston ▁is ▁the ▁headquarters ▁for ▁Mont gom ery ▁Bank ▁which ▁is ▁the ▁largest ▁priv ately ▁owned , ▁family - oper ated ▁bank ▁in ▁Missouri . ▁ ▁The ▁bank ▁began ▁in ▁ 1 9 0 3 ▁as ▁the ▁T . ▁L . ▁Wright ▁Private ▁Bank ▁in ▁Don i phan , ▁Missouri . ▁ ▁In ▁ 1 9 5 5 , ▁Tom ▁Baker ▁of ▁S ik eston ▁purchased ▁the ▁char ter ▁and ▁established ▁Plan ters ▁Bank . ▁ ▁In ▁ 1 9 5 7 , ▁Jo el ▁Mont gom ery ▁acquired ▁cont rolling ▁interest ▁in ▁the ▁bank ▁and ▁renamed ▁it ▁First ▁National ▁Bank . ▁ ▁In ▁ 1 9 9 3 , ▁the ▁S ik eston ▁location ▁moved ▁into ▁a ▁new ▁five - story ▁building . ▁ ▁It ▁was ▁renamed ▁Mont gom ery ▁Bank ▁in ▁ 2 0 0 4 . ▁ ▁In ▁ 1 9 3 1 , ▁the ▁S ik eston ▁Board ▁of ▁Municipal ▁Util ities ▁was ▁established ▁to ▁provide ▁elect rical ▁service ▁to ▁the ▁city . ▁ ▁The ▁current ▁S ik eston ▁Power ▁Plant ▁is ▁a ▁ 2 3 5 ▁meg aw att ▁coal - f ired ▁steam ▁generating ▁facility ▁with ▁excess ▁capacity ▁sold ▁to ▁other ▁communities . ▁ ▁This ▁power ▁plant ▁began ▁serving ▁the ▁city ▁in ▁ 1 9 8 1 ▁after ▁seven ▁years ▁of ▁initial ▁planning . ▁ ▁The ▁city ' s ▁first ▁coal - f ired ▁electric ▁plant , ▁the ▁ 6 - m eg aw att ▁E . P . ▁Cole man ▁plant , ▁was