Montgomery Bank Joins SLBDF as 27th Bank Shareholder
Saint Louis Business Development Fund (SLBDF) welcomes Montgomery Bank as the company's newest shareholder. Montgomery Bank joins 26 other St. Louis area banks, St. Louis County Economic Council, St. Louis Development Corporation and the Economic Development Center of St. Charles County.
"With our bank's people-oriented and personalized banking philosophy, we know that joining the Business Development Fund will benefit the people who do business with us," said Ken Witbrodt Jr., chief executive of Montgomery Bank. "As a community bank, this is another way we can support the small business community and help foster economic development and growth in the St. Louis metro area."
Saint Louis Business Development Fund invests in selected growing companies in Missouri and Illinois that demonstrate significant potential for success and view the Fund's investment as an attractive alternative to venture capital or other forms of equity investments. The SLBDF is professionally managed by St. Louis County Economic Council.
Contacts:
Rick Palank
President & CEO
314.615.7667
rpalank@slbdf.com
Vince Volpe
Business Development Liaison
314.402.3538
vtvolpe@slbdf.com
