On December 3, 2024, the U.S. District Court for the Eastern District of Texas issued a nationwide preliminary injunction halting enforcement of the CTA’s reporting requirements. As a result, businesses are no longer required to meet the January 1, 2025, compliance deadline.
We are pleased to announce Jeff Camilleri's well-deserved promotion to Executive Vice President and Chief Banking Officer at CNB St. Louis Bank! Jeff brings over 30 years of experience in banking and real estate industries, making him a trusted resource for business owners, real estate investors, and industry professionals.
With interest rates at or above 7% and housing inventory at historic lows, homeowners who were once considering selling their homes have shifted gears and are now deciding to stay put and find new ways to use the equity they have built up in their homes.
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Jeff Camilleri recently offered insights to St. Louis Small Business Monthly for business owners who are navigating financing options for the remainder of 2024. Jeff, Executive Vice President and Chief Banking Officer at CNB, discussed strategies for securing financing with an informed outlook on the financial landscape for the remainder of the year ahead of us.
