MO05 Stories and Data

MO05 Stories

Smith County Memorial Hospital
1880 Kimball
Couple Shares Joy of Home Ownership
KC Predevelopment Fund

MO05 Fact Sheet

CDFIs support the needs of small businesses and consumers in rural, suburban, and urban areas across the United States. The designation is key to legitimizing and elevating our work with banks and other leveraged investors who align with our industry to bring affordable capital to markets that need catalytic investments to sustain and grow small businesses. These businesses create jobs, provide goods and services, and pay taxes that build strong communities. We need to preserve and grow the CDFI Fund for all Americans.

-Patricia Parchmon, St. Louis Community Credit Union, St. Louis, MO

CDFIs provide banking services to people who would not otherwise have access to these basic services.

-Julie Kopadt, Alltru Federal Credit Union, Wentzville, MO

The impact that CDFI credit unions can make in lower income areas by providing financial tools for the community raises the financial independence of individuals in that area and then lessens the amount of ongoing aid that needs to be provided by the government directly to those communities.

-Dave Franke, Alltru Credit Union, Wentzville, MO

Map of MO05 CDFI Branches and Stories