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Advocates drop opposition to Jefferson Bank merger after First Mid inks a community benefits agreement

Advocates drop opposition to Jefferson Bank merger after First Mid inks a community benefits agreement

St. Louis on the Air · St. Louis Public Radio

January 18, 202216m 25s

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Show Notes

Community advocates had publicly opposed First Mid Bank & Trust’s plans to purchase St. Louis-based Jefferson Bank. Now they’ve dropped their opposition after reaching a community benefits agreement with First Mid that includes the opening of two new bank branches to serve low-to-moderate-income and minority communities.