The Board of Directors of Regional Missouri Bank and the Bank of New Cambria are pleased to announce the agreement for a merger of the two local community banks.
This merger highlights the stability and strength of community banking with 209 years of combined service to customers between the two institutions. The Board of Directors and employees assure customers that they remain committed to operating as a community bank offering a broad range of financial products and services delivered with high-quality, personal customer service. Customers can expect to see the same friendly and familiar faces you’ve grown accustomed to serving your financial needs. By merging the two banks, customers will gain additional services as well as access to a total of eleven branches and eleven ATMs throughout North Central Missouri.
The name of the merged bank will be Regional Missouri Bank (RMB) with the headquarters located in Marceline, Missouri. Patrick Kussman will serve as President/CEO of the merged bank.
Patrick Kussman stated, “The New Cambria and Bevier communities and the Macon County area is very similar to the locations where Regional Missouri Bank presently operates. Regional Missouri Bank favors lending local deposits to local people and businesses. The Bank of New Cambria employees are a great fit given their experience and involvement in supporting the financial needs of their neighbors and friends as well as their dedication to community service. The continued success of the merged bank will be a result of our deep commitment to our local economic values and our employees’ dedication to our customers. We are truly excited about what we can accomplish together!”
“The merger of the Bank of New Cambria and Regional Missouri Bank will provide customers with more services, products, technology and more competitive rates. The Board of Directors feel that this is a good move.” said, Donald J. Meissen, Bank of New Cambria President/CEO.
The date of completion of the merger is subject to regulatory approval. During this transition period, Regional Missouri Bank and Bank of New Cambria’s goal is to facilitate a smooth transition for all customers that allows them to complete banking transactions as normal.