Montgomery Bank joins SLBDF
St. Louis Business Journal
Montgomery Bank has joined the Saint Louis Business Development Fund as the company's newest shareholder.
Montgomery Bank joins 26 other St. Louis-area banks, St. Louis County Economic Council, St. Louis Development Corp. and the Economic Development Center of St. Charles County.
Saint Louis Business Development Fund invests in selected growing companies in Missouri and views the fund's investment as an alternative to venture capital or other forms of equity investments.
Montgomery Bank is one of the largest family-owned, privately held banks in Missouri with more than $900 million in assets.
The St. Louis County Economic Council manages the SLBDF.