ST. LOUIS – Nelson Grumney, Jr., managing member of commercial property developer Neland Investment Management, LLC and president of general contractor Pinnacle Contracting, Inc., has joined the board of directors of St. Louis Bank. Making the announcement was Bob Chambers, chairman.
“Nelson Grumney brings a wealth of knowledge and business experience to our community bank,” said Chambers. “His success as an entrepreneur offers a valuable perspective to our board as we focus on growing our commercial loan portfolio in 2013.”
Neland primarily develops build-to-suit industrial properties for Fortune 500 companies throughout the Midwest, while Pinnacle provides a national clientele with general contracting, construction management and design/build services.
Grumney is active in multiple civic and fraternal organizations including the World Presidents’ Organization and Boys and Girls Town of Missouri.
He earned a bachelor’s degree in business administration and a master’s degree in finance from the University of Missouri-Columbia.
Founded in 2005, St. Louis Bank (www.stlouisbank.com) is a full-service community bank that delivers sophisticated, integrated financial services to customers. The bank focuses on lending to small to medium size businesses.