Press Release Details

Erdbuegger New President of Cass Commercial Bank

July 3, 2018 at 10:36 AM EDT

ST. LOUIS – The board of directors  of Cass Commercial Bank has  appointed Dwight D. Erdbuegger the new president of the bank.

  

Erdbuegger succeeds Robert J. Mathias who will  assume responsibilities as vice chairman of the board. Mathias, 65, has been  president of Cass Bank since 2008. The bank has thrived under his leadership,  consistently ranking among the top-performing banks in the country.

Cass Bank is the commercial banking  subsidiary of Cass Information  Systems, Inc., (NASDAQ: CASS), a leading national provider of  transportation, energy, telecom and waste invoice payment and information  services.

Erdbruegger, 59, joins Cass after a  31-year career in commercial banking, the last 15 years spent with Commerce Bank. Most recently he  was chairman of CBIEF, the equipment finance subsidiary of Commerce. He was  also chief administrative officer for Commerce  Bank East Group, with offices in Missouri, Indiana, Michigan, Ohio and  Tennessee.

Erdbruegger has previously served on the  board of directors of FOCUS St. Louis and the Cultural Festivals Organization.  He has also been involved with Habitat  for Humanity

Erdbruegger earned his Bachelor of  Science in Industrial Engineering from Purdue  University and a Master of Business Administration from Southern Methodist University.

About Cass  Commercial Bank

Founded in 1906 in St. Louis, Cass  Commercial Bank is a member of the Federal Reserve. It focuses on the financial  needs of privately held businesses as well as those of faith-based institutions  and other nonprofits. Cass Bank is a wholly owned subsidiary of Cass  Information Systems (NASDAQ: CASS), a public company with $1.6 billion in  assets.

About Cass Information  Systems, Inc.

Cass Information Systems, Inc. is a  leading provider of integrated information and payment management solutions.  Cass enables enterprises to achieve visibility, control and efficiency in their  supply chains, communications networks, facilities and other operations.  Disbursing more than $50 billion annually on behalf of clients, and with total  assets exceeding $1.6 billion, Cass is uniquely supported by Cass Commercial  Bank. Founded in 1906 and a wholly owned subsidiary, Cass Bank provides  sophisticated financial exchange services to the parent organization and its  clients. Cass is part of the Russell 2000®.

For  more information, contact Kenn Entringer at 314/721-2828.