Bank Loans

The St. Louis Community Credit Union is partnering with BJC, SSM Health and the James S. McDonnell Foundation to bring nearly $15 million in business loans to underserved communities in St. Louis.

St. Louis Community Credit Union and local institutions offer millions in business loans

Andrea Y. Henderson

The St. Louis Community Credit Union is partnering with BJC, SSM Health and the James S. McDonnell Foundation to bring nearly $15 million in business loans to underserved communities in St. Louis.

An illustration of four women sitting next to each other eating cake while drinking wine outside a shoppe and ATM. The table theyre sitting at is a giant dollar bill. It has a pink, green, and red Parisian feel to the illustration.

Economy & Business

Bringing more banking to north St. Louis County is more than opening a new branch

Eric Schmid

Midwest BankCentre's CEO says the new branch in Dellwood will pay dividends once it makes more connections in the community.

Damon Giboney and Patricia Dees sit on the front steps of their home on Delmar Boulevard on July 29, 2020.

Government, Politics & Issues

Black Borrowers In St. Louis Face Lending Discrimination, High Mortgage Rejection Rates

Shahla Farzan

St. Louis has the fourth-highest mortgage denial rate for Blacks in the U.S., according to a new study. Compared to the region鈥檚 overall mortgage denial rate, Black borrowers in St. Louis are about three times more likely to have their loan applications rejected.

Freddie Lee James Jr., owner of Freddie Lee's Gourmet Sauces, prepares a batch of his mild sauce on Dec. 18, 2019 in St. Louis.

Economy & Business

Black Business Owners Face An Uphill Battle Securing Bank Loans

Marissanne Lewis-Thompson

Freddie Lee James Jr. has long been a sauce man. His home-whisked Ghetto Sauce made him the king of cookouts. Family and coworkers would clamour for the鈥�

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