2 Midwestern Bank Companies Cut Staffs
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From Reuters
ST. LOUIS — About 750 employees will be cut from the combined staffs of Mercantile Bancorp Inc. and Centerre Bancorp after a merger of the bank holding companies, Donald Lasater, Mercantile chairman, said Thursday.
The cuts will occur through attrition to the extent possible, Lasater told the annual shareholders meeting.
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