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 DEANNA
DAUGHHETEE VINSON
CEO of American Equity Mortgage |
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AMERICAN
EQUITY MORTGAGE EXPANDS INTO NEW CITIES
St. Louis-based American Equity Mortgage is expanding into new markets
this fall. In August, the company began expansion of services to
the Oklahoma City and Tulsa, Okla. markets. In September, American
Equity opened its first California office in San Diego, its fourth
Michigan office in Grand Rapids, and its second Wisconsin office
in Madison.
“American Equity Mortgage has been serving homeowners across the
country for 10 years,” says Deanna Daughhetee Vinson, chief executive
officer. “With this expansion, we will have 22 branches in eight
states.”
As part of the expansion, American Equity will add approximately
30 employees to its current staff of 350, including additional support
staff in St. Louis.
ST. LOUIS INVESTMENT FIRMS FORM ALLIANCE
Stifel Nicolaus & Co. Inc. has recently established working relationships
with two local money management firms: Investment Counselors, Inc.
and Sparrow Capital Management, Inc.
Established in 1968, Investment Counselors, Inc. has more than $434
million in assets under management. The firm has been featured in
Nelson’s “World’s Best Money Managers.”
With more than $115 in assets under management, Sparrow Capital
Management, Inc. is the only firm to be listed in Money Manager
Review every quarter since December 2000. Sparrow Capital Management
was established in 1988.
NEW STAFF MEMBERS JOIN DSI TO OPERATE NEW
DIVISION OF SYSTEMS GROUP
DSI Process Systems has formed the Technical Services Group, a new
operating division within the Systems Group. Dave Smith and Dan
Smith, formerly with RDM Technologies, will run the Technical Services
Group.
DSI Process Systems supplies equipment and services to the beverage,
food, dairy and bio-pharmaceutical industries. Operating divisions
include the Manufactured Products Group, the Distributed Product
Group and the Systems Group, which provides design, installation
and design/build services.
The Technical Services Group provides start-up assistance and field
service support for DSI’s Manufactured Products Group. In addition,
the new group will focus on the beverage industry providing services
such as refrigeration system design and installation; maintenance
and training programs for beverage preparation and refrigeration
equipment; rebuild and upgrade services; and emergency repair services.
AMERICAN EAGLE CREDIT UNION
OPENS
IN SOUTH ST. LOUIS
| Employees
(left to right) Bridget Williams and Glynnis Davis in
front of the new American Eagle Credit Union building
located at 2101 South Jefferson. |
American
Eagle Credit Union (AECU), a division of Anheuser-Busch Employees’
Credit Union, has opened in south St. Louis at 2101 South
Jefferson.
AECU
serves the residents and employees of the 63104 ZIP code,
which includes neighborhoods such as Soulard, Compton Heights,
Lafayette Square, as well as the Eads and Fox Park communities.
“The community leaders were excited when we proposed the idea
of opening the credit union,” says Dave Osborn, AECU president
and CEO. “Credit unions have always had a long tradition of
getting involved in their communities. We are equally excited
to open our doors. The area is in the midst of rebuilding,
and the community itself is revitalized.” |
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SLU
KICKS OFF $300 MILLION CAMPAIGN
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Saint Louis
University has launched the largest fund-raising effort in
its 184-year history—“The Campaign for Saint Louis University:
Where Knowledge Touches Lives.” The Catholic, Jesuit University
launched the five-year, $300 million campaign at an evening
celebration at Grant’s Farm.
The campaign kick-off event featured entertainment by Grammy
award-winner Tim McGraw, with broadcaster Bob Costas serving
as master of ceremonies. Campaign co-chairmen and SLU alumni
August A. Busch IV and John K. (Jack) Pruellage helped SLU
President Lawrence Biondi, S.J., deliver the announcement
to approximately 600 alumni and friends of the University.
Effective July 1, August Busch IV became president of Anheuser-Busch
Inc., heading the company’s domestic beer operations. Pruellage
is chairman of Lewis, Rice & Fingersh L.C., a regional law
firm based in St. Louis for more than 90 years.
The University has already raised 50 percent of its goal,
or $150 million, during the silent phase of the campaign.
A leadership gift from John Cook, University alumnus and trustee,
helped to double the size of SLU’s business school, which
now bears his name. Cook is chairman and chief executive officer
of Atlanta-based The Profit Recovery Group International,
Inc.
Also, a leadership gift from the Anheuser-Busch Foundation
will help renovate Busch Memorial Center into a modern student-alumni
center. Anheuser-Busch, under the leadership of the late August
(Gussie) Busch, Jr., provided the lead gift for the original
facility built in 1967.
One third of the $300 million goal of the new campaign is
slated for scholarships and fellowships. Approximately $75
million will go to named endowed chairs and faculty development.
The University has set a goal of $50 million for science and
technology, which is also a major focus of the campaign. Support
in this area will partially fund a new research building,
information technology infrastructure, and scientific laboratories
and equipment. Another $30 million will be earmarked for additional
support for existing centers of excellence at the University,
such as the Saint Louis University Cancer Center (which opened
this spring), the Paul C. Reinert, S.J., Center for Teaching
Excellence, the Boeing Institute of International Business,
and others.
“For many years, Anheuser-Busch, as well as our family, have
been firmly committed to helping Saint Louis University become
the top Catholic university in the U.S., and we’re proud to
once again provide support for the school, its faculty and
the students,” says August Busch IV, who earned a bachelor’s
degree in finance and a master’s degree in business administration
from SLU.
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