Midwest BankCentre Expands Customer Service Menu With Opening of Midwest BankCentre Insurance Agency

Expanding the menu of financial services it offers to customers, Midwest BankCentre has opened Midwest BankCentre Insurance Agency.

The agency will offer a comprehensive array of insurance products in the personal, business and life lines, including home owners, automobile, term and whole life, accidental death and disability, dental, renter’s, property and casualty, general liability, umbrella, surety bond, builder’s risk, and errors and omissions, among others. Customers are encouraged to consult with an agency representative by calling 844-788-0811 or to use www.midwestbankcentre.com to complete a transaction 100% on-line. In either case, bank customers will be able to instantly compare several competitive cost quotes from multiple carriers for the specific insurance they are seeking to strengthen their financial foundations.

“We recognize that virtually all of our customers buy auto and home insurance every year. In addition, customers who borrow money to buy real estate or rolling assets, whether fleets or equipment, need insurance,” said Midwest BankCentre Regional President Fred Dyer. “Our agency will supply them with a sophisticated, convenient one-stop shopping solution that is highly competitive on price, selection and service.”

Midwest BankCentre President and CEO Jim Watson said the bank’s expansion into insurance services concludes more than two years of research and due diligence to identify the most effective and cost-efficient way to provide customers with access to quality insurance products. “Our core theme of ‘Rising Together’ unequivocally states that the bank’s success is linked to the success of our customers. We believe the decision to invest in our own insurance agency formation adds value for customers by making us a more well-rounded institution offering a one-stop shopping experience.”

Midwest BankCentre has been a mainstay of St. Louis community banking for 110 years. With total assets exceeding $1.6 billion, the locally-owned community bank provides integrated financial services with expertise in commercial, retail and digital banking; business cash management; mortgage lending; and consumer lending. Midwest BankCentre is scheduled to complete its acquisition of Bremen Bank & Trust Co. later in July 2016.