St. Louis Area the Ideal Location for INB

Community banks can make decisions more quickly than larger financial institutions and adapt efficiently to serving customer needs. And that’s exactly what the St. Louis region prefers, making it the ideal place for INB to do business.

“St. Louis historically is a community bank town,” says Joe Fendi, VP, Commercial Banking. “Community banks can deliver fast and effectively on what you promise.”

INB opened in Chesterfield, Missouri in December 2018 as a loan production office.  The original lending team included Joe, Sean McKenna (SVP, Missouri Market President) and Zach Lammers (VP, Commercial Banking). Max Mitts (VP, Commercial Banking) joined in early 2020, and Anthony Johnson (VP, Commercial Banking - LIHTC) and Brian Hintz, (VP, Business Solutions) came on board in 2021. Justin Schultz came on board in early 2022 as a VP, Portfolio Manager, with Brenna Rockwell rounding out the team later that year as AVP, Commercial Loan Coordinator.

INB was initially attracted to St. Louis because of the potential for growth. Our team of seasoned lenders is able to build the kinds of relationships INB values, as well as make decisions quickly so our customers aren’t left waiting.

“Our relationships with businesses are built on how we can help them obtain access to money to help them grow and how we can help them make money,” Zach explains.

Services

     

Commercial Lending

INB offers business banking services in St. Louis. Our team of seasoned lenders is able to build the kinds of relationships INB values, as well as make decisions quickly so our customers aren’t left waiting.

“Our relationships with businesses are built on how we can help them obtain access to money to help them grow and how we can help them make money,” Zach Lammers explains.

“I have honest conversations with my clients about what I think about the deal, their future growth and how we can structure their loan to get it done,” he adds. “You need to be able to discuss and provide insight but also get it done. With bigger banks who are headquartered several states away, it’s hard to get things done.”

What makes INB different from other banks is that we treat every client the same.

“At other banks, small businesses are often just a number. But we employ resources at every level – from treasury to deposit operations to loan production – to make sure a client has what they need to thrive,” Max Mitts explains says.

Follow this link for more information on INB's commercial loan programs.

Treasury Services

Brian HintzCash flow is the name of the game for Brian Hintz. When it comes to his career, Brian is passionate about making sure businesses manage their cash flow efficiently so they can thrive. 

“When we listen to our clients’ needs, we can tailor solutions to create financial workflow efficiencies for businesses and offer our experience to help businesses achieve their desired outcomes,” he says.

Brian partners with INB commercial loan offices to help business gain more efficient processes regarding cash flow, payables and other treasury services.

For more details on INB's Treasury Services, follow this link

LIHTC

Low-Income Housing Tax Credit are designed to create affordable housing by providing a tax incentive to construct or rehabilitate rental housing for low-income households.

Anthony Johnson

Anthony Johnson's knowledge of LIHTC loans runs deep, and he enjoys helping families reach their dream of home ownership through the tax credit.

“It’s housing with dignity, and there’s a big need for that right now; we’ve seen demand steadily increasing over the years,” he shares. “These are really beautiful homes, and it’s such a cool experience getting to see families move into their first home.”

Overall, the foreclosure rates on LIHTC loans are low, Anthony says. The tax credit provides a needed opportunity and “symbiotic relationship between investors, banks and homeowners.”

Learn more about LIHTC by contacting Anthony.