Thomas H. Brouster, Sr. – Reliance Bank

By Editor | May 8, 2016 |

    “At Reliance Bank, we are proud to be St. Louis’ premier Community Bank with 20 locations in the area including four in southwestern Illinois. We have branches in Columbia, O’Fallon, Edwardsville and Godfrey. In April we broke ground on a new branch to be shared with Tim Hortons Café and Bake Shop. We are excited about this unique coffee concept and I encourage you to visit us when we open later this summer at 450 Regency Park in O’Fallon.
    In my 47 years of experience in the banking industry, I have successfully led 15 bank turnarounds, using my entrepreneurial experience and skills to negotiate the control and purchase of nine banks.
    I joined Reliance in 2012 to lead the turnaround of the Bank. Our team made rapid progress in reducing troubled loans and restoring the Bank to profitability. In 2013, after successfully raising over $31 million, we recapitalized the Bank and I became the controlling shareholder. Today, the Bank is generating record profits with no past due loans and very strong capital levels.
    As a locally-owned, strong Community Bank with several Illinois investors, we offer a very competitive menu of deposit and loan products and services, and we would be pleased to have the opportunity to earn your banking business.”