Cenlar FSB Opens O’Fallon, Missouri, Operations
03/19/2018
The privately held, employee owned, federally-chartered wholesale bank’s new site will be staffed primarily by loan servicing professionals. In addition, there will be a variety of operational, as well as administrative support staff. The company's primary business is subservicing mortgages for financial institutions and other owners of loans/servicing rights.
“Cenlar is delighted to be coming to Missouri. A robust experienced talent pool made O’Fallon the perfect location for our expansion,” said Gregory S. Tornquist, Chairman of the Board, President & CEO of Cenlar FSB.
“And, as Cenlar continues to grow, so do the needs and demands of our clients. Opening an Operation Center in Missouri was the next logical step in making sure we can exceed our clients’ expectations every day,” said Tornquist.
“We’re excited to welcome Cenlar FSB to the state of Missouri,” Rob Dixon, Director of Missouri’s Department of Economic Development said. “These 500 jobs mean greater opportunity for Missourians and their families.”
“Cenlar deployed a rigorous due diligence process regarding regional and local labor market capacity, quality and scalability. State of Missouri, St Louis Regional and local economic development staff did a great job in addressing all of our critical location factors,” commented Bob Hess, Vice Chairman and Newmark Knight Frank's Global Location Strategy practice, advisors to Cenlar on this initiative.
“Cenlar’s decision to locate in O’Fallon once again confirms our community is a preferred location for the financial services industry,” said O’Fallon Mayor Bill Hennessy. “It is a testament to both the quality of our workforce and our standing as one of the country’s best places to live and work.”
"We are thrilled that Cenlar has chosen the St. Louis region for the next stage in its impressive growth,” said Tom Chulick, President & CEO of the St. Louis Regional Chamber. “This is a testament to St. Louis' strong and innovative financial services sector and workforce. It is great news for our region."
Project Announcements
Fibrebond Corporation Expands Webster Parish, Louisiana, Operations
04/19/2024
Master Steel Expands Hardeeville, South Carolina, Operations
04/19/2024
L3Harris Technologies Expands Orange County, Virginia, Operations
04/18/2024
Republic Airways Holdings Plans Tuskegee, Alabama, Training Operations
04/18/2024
South Africa-Based Radel Plans Winston-Salem, North Carolina, Operations
04/18/2024
Firestone Industrial Products Expands Dyersburg, Tennessee, Operations
04/18/2024
Most Read
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
38th Annual Corporate Survey: Are Unrealized Predictions of an Economic Slump Leading Small to Mid-Size Companies to Put Off Expansion Plans?
Q1 2024
-
Manufacturing Momentum Is Building
Q1 2024
-
Making Hybrid More Human in 2024
Q1 2024
-
20th Annual Consultants Survey: Clients Prioritize Access to Skilled Labor, Responsive State & Local Government
Q1 2024
-
Public-Private Partnerships Incentivize Industrial Development
Q1 2024