When it’s time to apply for a loan, whether it’s financing a large purchase, or simply consolidating high-interest debt, using a locally owned community bank is essential, said Megan Cattoor, AVP/director of Marketing and public relations for MRV Banks.
“When people invest money into MRV Banks, a portion of that goes back into the community, whether it be for nonprofits or our employees doing service hours. That’s the difference from big banks,” she said.
Cattoor said MRV has donated to many Jefferson County school districts, service organizations, nonprofit groups, events and more.
MRV started in Ste. Genevieve and is named after the Mississippi River Valley. The company now has locations in Festus, Ste. Genevieve, St. Charles and Cape Girardeau.
Cattoor said MRV Banks offers personalized loan options tailored to customer needs with competitive interest rates, flexible repayment options and a streamlined application process.
With the bank’s personal approach, it can help customers who may not have been approved for loans from larger institutions, she said.
“Another thing that makes us different than big banks is we don’t go by a checklist,” she said. “We have conversations with our customers, and we really see if there’s a fit for us to help them.”
Cattoor said another thing that sets MRV apart is its customer service.
“If you call, you’ll get a local person, not a call center,” she said.
Cattoor said Brad Korn and Bill Seek at the Festus branch are both experienced lenders who can help customers understand the best options based on their specific borrowing needs.
MRV, she said, is here to guide customers every step of the way while always keeping their best interests in mind.
Give them a call at 636-880-7444 or stop by in person at 1319 N. Truman Blvd. in Festus.