Legacy Bank and Trust in Mountain Grove, Mo., has formed a mortgage unit.
Legacy Capital Mortgage is “a HUD-approved multifamily accelerated processing lender,” according to its LinkedIn page.
Brett Magers, the $1.1 billion-asset bank’s CEO, also updated his LinkedIn profile to list himself as the unit’s CEO.
“We are excited about our new endeavor to more fully serve our development clients across the country,” Magers wrote.