Shaun Hayes, president of Missouri Banking for National City Bank, is resigning from the company.
Hayes confirmed his plan and referred questions about the move to National City's corporate headquarters in Cleveland, where a spokesman for the billion-dollar bank, Todd Morgano, said Hayes last day with National City will be around June 30.
National City has not yet named a successor to lead the local market, Morgano said, adding that the bank will be looking for continuity and has a "strong bench" in St. Louis.
While at the same time, National City is expanding in Missouri:
National City currently is building a new full-service branch in Town and Country and plans to open four more branches locally by the end of next year, Hayes told the Business Journal in an interview last month. That would give Cleveland-based National City Corp. (NYSE: NCC) 65 St. Louis area branches by the beginning of 2010, more than double what it had in 2004 when it acquired Allegiant.
Source: MNS Money: Hayes resigning as head of Missouri Banking for National City
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