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Cass Commercial Bank recruits Hoeffner to lead new equipment finance division

Cass Commercial Bank has formed a new division focused on financing equipment purchases for businesses, not-for-profit organizations and municipalities through capital and municipal leases. Recruited to lead the new division is George Hoeffner, senior vice president.

hoeffner georgeConsistently ranked among the top-performing banks in the country, Cass Commercial Bank is a subsidiary of Cass Information Systems Inc., a national provider of transportation, energy, telecom and waste invoice payment and information services.

Hoeffner joins Cass with 28 years of experience in equipment finance, the last six spent with Central Bank of St. Louis where he launched its equipment finance group. He previously founded Starboard Capital Group, Inc., an entity that marketed loan and lease products to middle market companies.

As an area commander for Operation Brightside, Hoeffner organized the effort to improve and beautify the Gate District in the City of St. Louis and served as president of the district’s board. He has also been a volunteer and lector at the Old Cathedral of St. Louis since 1991.

Hoeffner earned his bachelor’s degree in business administration and finance from the University of Missouri – Columbia.

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