A Missouri-based banking company with deep local roots has officially expanded its footprint in the St. Louis region.
Reliable Community Bancshares, Inc., the parent company of The Bank of Missouri, has completed its acquisition of M1 Bancshares, Inc., the holding company of M1 Bank. The transaction closed Feb. 2 after receiving all required regulatory and corporate approvals.
As a result of the merger, M1 Bank becomes part of Reliable Community Bancshares, strengthening community banking services and lending resources across the St. Louis metropolitan area…