Magna Bank announces the opening of a new electronic banking center in Mid Rivers Mall, St. Peters, Missouri. The 96-square-foot site will include an ATM, night depository, automated loan machine (ALM), phone bank, and electronic resource center. The site will be staffed with a part-time salesperson.
“We are very excited about this new electronic banking center,” stated G. Thomas Andes, chairman of the board and chief executive officer. “This site is the first of its kind in the St. Louis area and offers our customers a new convenience in banking.”
“Magna is strongly committed to this growing community,” said David A. Heinrich, community president of Magna s St. Charles Region. “We view the Mid Rivers Mall electronic banking center as an opportunity to expand our presence within the market.”
Magna Group, Inc. (NYSE:MGR) is a St. Louis-based community bank holding company with $6.93 billion in assets. Magna has 140 banking centers in Illinois, Iowa, and Missouri; a trust division; a brokerage division; and a student loan division. Based on deposit market share, Magna is the third largest banking institution in the St. Louis metropolitan area and ranks as the 68th largest bank holding company in the country.Details