Notes, news and views on community banking

Investor group enters banking with acquisition

      Commercial Bancshares Corporation, Chicago, has acquired controlling interest in CenTrust Financial, Inc., the parent company of CenTrust Bank, N.A., a community bank with $105 million in assets and a single branch located between the Northbrook and Deerfield suburbs of Chicago. The $10 million investment in CenTrust Financial provides for the recapitalization of CenTrust Bank and gives Commercial Bancshares an 87 percent stake in CenTrust.  

      Commercial Bancshares Corporation was organized to establish a . . .

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