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Noah S. Magruder is the president of the Mound City Trust Company, a newly organized banking institution of St. Louis which in the brief period of its existence has met with substantial growth pointing to a successful future. Mr. Magruder is well qualified by training for the work which he has undertaken as executive head of the institution, for throughout his entire business career he has been identified with banking interests. Moreover, his entire life has been spent in this state and he knows well the people and their standing. He was born in Howard county, Missouri, November 29, 1886, his parents being Thomas and Louella (Pemberton) Magruder, who were also natives of Howard county, the latter being a daughter of Tilford Pemberton. The father was born in 1855 and after attaining adult age became a prominent farmer and stock raiser of his native county.
Noah S. Magruder attended the high school at Armstrong, Missouri, and afterward became a student in Pritchett College at Glasgow, Missouri, thus being qualified by liberal educational training for life’s practical and responsible duties. He started out in the business world as clerk and bookkeeper in the Farmers’ Bank of Armstrong, Missouri, and his developing powers won for him promotion to the position of assistant cashier in 1908. He remained with the bank until 1913, in which year he was appointed state bank examiner and was reappointed to that position in 1917, remaining the incumbent in the office until July of that year when he resigned to accept the position of cashier of the Union Station Bank of St. Louis.
He thus continued until February 1, 1918, when he resigned that position and became special representative of the St. Louis Union Bank, in which connection he served until the 15th of July and then resigned and accepted a position with the treasury department of the United States for service in Paris, France. There he continued for some time but at length gave up that position to return to the United States and accept the presidency of the Mound City Trust Company, which was organized January 14, 1920. He is now at the head of this bank which has entered upon a prosperous existence, its patronage steadily growing. He is likewise a director of the Farmers’ Bank of Armstrong and is well known to the banking fraternity as a member of the St. Louis Association of Bankers, the Missouri Bankers Association and the American Bankers Association.
In his political views Mr. Magruder is a democrat but has never been a politician in the sense of office seeking. His religious faith is that of the Baptist church. Fraternally he is a Scottish Rite Mason and is also a member of Moolah Temple of the Mystic Shrine. He belongs to the Missouri Athletic Association, to the Midland Valley Country Club, to the Riverside Boat Club and to the Chamber of Commerce, associations which indicate much of the nature of his interests ouside of business. An active and busy life and close conformity to high standards have brought him not only success but also an enviable name and position in the business circles of his adopted city.