Mid-Missouri ends mortgage arm


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Mid-Missouri Bancshares, Inc. announces Tuesday that it will close Mid-Missouri Mortgage Co. but restructure its processing of all secondary-market loans.

Instead, Mid-Missouri Bank will provide the service, for it has cultivated a new broker relationship to provide mortgage service, the company said.

“We are excited about this new relationship, as it will enable Mid-Missouri Bank to continue providing affordable home-loan mortgage programs for our communities with the same great service as Mid-Missouri Mortgage Co.,” said P. Lee Gilbert, chairman, president and CEO of Mid-Missouri Bancshares, Inc.

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