Benney Promoted to Executive Vice President of Risk Management at Midwest BankCentre

Marsha Benney, CPA, has been promoted to executive vice president-risk management at Midwest BankCentre. The announcement was made by Chairman and CEO Jim Watson.

Previously director of audit for the bank, she is now responsible for the risk functions of the bank and related board reporting, with a focus on compliance, enterprise risk management (ERM), loan review and appraisal review, and internal audit.

Benney has more than 25 years of financial services and community banking experience. She began her career with Centerre Bank in Cape Girardeau in various positions in consumer, commercial and mortgage loan operations. After earning her bachelor’s degree in business administration and accounting from Southeast Missouri State University in Cape Girardeau, Mo., she joined KPMG LLP in the financial services audit practice, serving a variety of large and small community banking clients during her six years with the firm. Benney returned to community banking with First Banks, Inc. as director of audit, where she was promoted to senior vice president with responsibility for the bank’s audit, compliance, risk management and internal consulting functions. After devoting time to family and community volunteer efforts, she resumed her career with Midwest BankCentre in 2015 in the role of senior vice president and director of audit.

Benney is a licensed certified public accountant (CPA) in Missouri and belongs to the American Institute of Certified Public Accountants (AICPA) and the Institute of Internal Auditors.

She has been a community volunteer in efforts supporting Francis Howell Central High School, The DANCE Co. of St. Charles and the Missouri Veterans Home in Cape Girardeau.

Midwest BankCentre has been a mainstay of St. Louis community banking for 110 years. Currently, it ranks among St. Louis’ largest locally owned banks with assets of about $1.8 billion and deposits of $1.3 billion. It provides integrated financial services with expertise in commercial, retail and digital banking; business cash management; mortgage lending; consumer lending; and insurance.