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Midwest Regional Bancorp, Inc., was established in 2006 by a group of investors who believe the recent level of merger and acquisition activity in the financial services industry has created a void in the marketplace.
More specifically, the initial investor group believes that there is still a significant customer segment that values the personalized level of service provided by a community bank.
The company’s mission is two-fold:
To provide high-quality, traditional community banking services in communities that value the typical offerings provided by community banks.
To provide a favorable return to its stock holders.
In 2007, Midwest Regional Bancorp, Inc., began operation as a bank holding company as it completed the acquisition of The Bank of Otterville, founded in 1894 in Otterville, Mo.
Midwest Regional Bank has a longstanding tradition of providing outstanding customer service and having a strong commitment to the communities we serve. We utilize the latest technologies, make all decisions locally, and are known for honest relationships – all contributing to our reputation as the bank of ‘Tradition and Progress.’