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Three Missouri Credit Unions Receive CDFI Grants

Sep
02

The U.S. Treasury Department awarded grants to five Community Development Financial Institutions (CDFI) in Missouri—and three of these recipients were credit unions! This was made possible through the Missouri Credit Union Charitable Foundation's (MCUCF) statewide CDFI initiative. To date, MCUCF has helped 25 credit unions in Missouri earn CDFI certification and apply for grants. 

Posted By Nora Holloway read more

Alliance Offers Emergency Loans for Ferguson Businesses

Aug
26

Alliance Credit Union employees spent August 20 going door-to-door in Ferguson and Jennings to offer local businesses emergency loans with 0% interest. Some businesses in this area have been devastated by the recent Ferguson riots.

Posted By Nora Holloway read more

CDFI Credit Unions Boost Bank On More Outreach Efforts

Jun
18

Four credit unions that received Community Development Financial Institution (CDFI) funds are supporting outreach efforts for Bank On More, the statewide consumer outreach campaign that informs nonmembers about the benefits of credit union membership.  

Posted By Halley Hayden read more

Electro Savings Credit Union Pays It Forward

Apr
30

Electro Savings Credit Union (St. Louis) recently donated $20,000 to the Missouri Credit Union Charitable Foundation (MCUCF). This was the credit union’s way of paying it forward to help other credit unions in Missouri. 

Posted By Nora Holloway read more

SLCCU, City of St. Louis Help People Get to Work with the Sure Rides™ Auto Loan Program

Apr
16

St. Louis Community Credit Union (SLCCU), in conjunction with the City of St. Louis, is launching a unique lending partnership called the Sure Rides™ Auto Loan program. This initiative is designed to help qualified clients of select workforce development agencies get to work by giving them access to affordable car loans.

Posted By Nora Holloway read more

Electro Savings CU Focuses on Helping Members Succeed

Mar
31

Electro Savings Credit Union (St. Louis) is investing in its credit union members by having over one-third of its staff, 27 employees including President & CEO Stan Moeckli become Certified Financial Counselors.

Posted By Sharon Bahr read more

Missouri Credit Unions Awarded $4.79 Million in CDFI Grants

Sep
30

Credit unions in Missouri now have additional resources to positively impact their communities. The U.S. Department of Treasury’s Community Development Financial Institutions Fund awarded 10 Missouri credit unions $4.79 million in grant funding. The grants are restricted to certified Community Development Financial Institutions (CDFI), which operate in niche markets that are underserved by traditional financial institutions. It’s estimated that 100 of the state’s 134 credit unions meet the U.S.

Posted By Halley Hayden read more

Cape Regional and Saint Luke's Grow Missouri's CDFI Pool

Sep
20

Cape Regional Credit Union and Saint Luke's Credit Union (Kansas City) just received their Community Development Financial Institution (CDFI) certifications from the U.S. Treasury. This news comes on the heels of a previous announcement that 13 Missouri credit unions made history when they received a mass CDFI certification - the largest number of CDFI certifications granted in one state at one time.

Posted By Halley Hayden read more

Missouri Credit Unions Make History with CDFI Certifications

Sep
17

UPDATE: After publication, two additional credit unions received CDFI certifications. They include: Cape Regional and Saint Luke's. Click here to learn more. 

Posted By Brianna O'Hara read more

Holy Rosary CU Graduates First Class of Biz 101

Sep
10

Holy Rosary Credit Union (HRCU) (Kansas City, MO) recognized seven young entrepreneurs for their completion of Biz 101. Biz 101 is a program funded by a grant from National Credit Union Foundation and was aimed at youth from ages 17-22 with no higher education and bleak job prospects. The participants came from HRCU’s field of membership, which includes over 25 Catholic parishes.

Posted By Sharon Bahr read more

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