CBN members honored as FOCUS St. Louis 2022 What's Right with the Region Awardees

Logo by FOCUS St. Louis

FOCUS St. Louis has announced their 2022 What’s Right with the Region Award Honorees, a slate that includes several CBN members:

• Enhancing Regional Prosperity - Midwest BankCentre

• Improving Equity and Inclusion - St. Joseph Housing Initiative

• Emerging Alumni Award - Neal Richardson, Executive Director of St. Louis Development Corporation

Congratulations to all of this year’s awardees!

Review the full awardee list >>

BJC Healthcare partners with CBN members to support community health improvement

BJC HealthCare is introducing its community health improvement strategic plan, leadership team, and first regional partnerships in an effort to alleviate health inequities across the St. Louis region. Two of their initial partnerships are with CBN members Midwest BankCentre and St. Louis Community Credit Union, both financial institutions that have a shared mission of improving health and economic wellbeing. BJC recently developed a depository relationship with these two local financial institutions to address a historic lack of investment in the City of St. Louis and North St. Louis County. The deposits will be used to create loans to invest in these communities, including support for entrepreneurs to start and grow businesses and for individuals to realize the dream of home ownership.

Read the full press release >>

Read more about St. Louis Community Credit Union’s Community Impact Deposit Program >>

Midwest BankCentre investing $200 million in 24:1 community over the next 5 years

Screenshot from Fox 2 News story

Fox 2 News recently spotlighted the longstanding partnership between Beyond Housing and Midwest BankCentre, which is currently ramping up to invest $200 million in the 24:1 community over the next 5 years. The investment will cover supports like homebuyer education and small business lending.

Watch the full news story >>

CBN Members Partner on Senior Housing Project in Bevo Mill

Image published by the St. Louis Post-Dispatch and provided to them by Midwest BankCentre; design is by fellow CBN member Rosemann & Associates.

Midwest BankCentre is donating its current property at the intersection of Gravois Avenue and Morganford Road, land worth $1.6 million, to Tower Grove Neighborhoods CDC for a 53-unit affordable housing project, Crossroads Senior Living at Bevo Mill. TGNCDC is also aiming to work with the Missouri Housing Development Commission, St. Louis Affordable Housing Commission, St. Louis Community Development Administration, the Federal Home Loan Bank of Cincinnati, and fellow CBN members the St. Louis Equity Fund and U.S. Bank on the project’s financing package. If the project receives approval for tax credits and other financing assistance, it’s slated to be complete by the end of 2022.

Read the full story >>