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Why a community bank in Missouri is investing in core banking startup Neocova

Bank Innovation

Elizabeth, a Missouri-based community bank with $150 million in assets, investing in a core banking startup is critical for its future. For Brice Luetkemeyer, president and CEO of Bank of St. Together with a group of other community banks, Bank of St. Elizabeth recently invested in Neocova, a St.

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A Missouri bank is using tech to secure large deposits from public entities

Bank Innovation

Bank of Franklin County, a Washington, Mo.-based based bank with $273 million in assets, is using ‘cash sweep’ technology to gain large deposits from public funds without having to put up its own assets as collateral.

Missouri 364