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National Advisors Trust completes charter conversion, Kanaly acquisition

National Advisors Trust Co. of Kansas City, Mo., has closed its acquisition of Kanaly Trust, according to the Texas Department of Banking's website.

The website noted National's application for a representative trust office in Houston.

The company also completed its charter conversion to a national bank from a federal savings association. The Office of the Comptroller of the Currency's website lists the new charter as having taken effect Aug. 1.