Centrue Bank joins business development fund
From The St. Louis Business Journal. Friday, September 26, 2008The Saint Louis Business Development Fund said Centrue Bank is the company’s newest shareholder.
Centrue Bank joins 24 other St. Louis area banks, St. Louis County Economic Council, St. Louis Development Corp. and the Economic Development Center of St. Charles County.
The Saint Louis Business Development Fund invests in selected locally based, growing companies that demonstrate significant potential for success but are unable to access sufficient senior debt to finance organic growth or acquisition. The St. Louis County Economic Council manages the fund.
