Stanley J. Bradshaw, who built Roosevelt Financial Corp. of St. Louis into one of the nation's best-regarded thrifts before selling it to Mercantile Bancorp. last July, is calling it quits.

Mercantile announced last week that Mr. Bradshaw, the chief executive officer and president of its mortgage arm, Mercantile Credit Corp., will leave in July. He will have the title of chairman of the mortgage unit until then, but his other duties and titles have been assumed by John R. Elmore, who had been president of Mercantile Bank, Lawrence, Kan.

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