YOUR BUSINESS AUTHORITY
Springfield, MO
by Carol Harris, Branson area, and Mary Engler-Guccione, Joplin area
An area bank has sold its corporate trust business to the Bank of New York.
Mercantile Bancorporation Inc., of St. Louis, made the deal late last month. The sale involves the trust operation the company took over when it acquired Mark Twain Bancshares Inc. last year.
Mercantile, which has banking operations in southwest Missouri, is a $30 billion multibank holding company.
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BluCurrent Credit Union held a June 21 grand opening at an office building it renovated at 4520 S. National Ave.; Ozark Mountain Gymnastics changed ownership; and a Branson theater property made way for a new entertainment business with the opening of Star Concert Hall.