Helping people overcome obstacles to financial success.
Coalition members, called partners, represent banks and credit unions, community-based organizations, local government, business organizations and representatives from the FDIC and the Federal Reserve. The coalition also engages with churches, faith-based organizations, schools, libraries, and other community organizations and volunteers.
Through the Coalition financial institutions, non-profit and community organizations work together to promote financial education, affordable banking and asset building.
Homeownership adds stability to life
Ms. Drew (now a graduate of Fisk University) purchased her first home at the start of her senior year in college. She credits the expertise of her loan officer at Midwest BankCentre with helping her to save money and guide her throughout the process of buying her first home.
Return to Banking Class Leads to Financial Stability
Tenisha W. chartered a new path when she began a virtual Return to Banking class in 2021, sponsored by Community Action Agency of St. Louis County, that helped her acquire money management skills and the financial empowerment that comes along with them.
Rental Assistance Program For West End Residents
Cornerstone, a nonprofit housing agency serving residents in St. Louis’ West End, teamed up with Coalition partners Bank of America and People’s Community Action Corporation to offer a Rent Forgiveness Program that set up residents for long-term financial success.
Bank On accounts to not have overdraft fees
Florence recommends Bank On products to others who want to feel empowered and want security over their finances and managing money. “With this account, you can’t make a mistake,” she says. “I felt secure and in control when I was rebuilding.
Community Action Agency of St. Louis County
Office of Financial Empowerment
People’s Community Action Agency
St. Charles City – County Library
St. Francis Community Services
St. Louis County Library
St. Louis Public Library
United Way of Greater St. Louis
Urban League of Metropolitan St. Louis
Learn About Financial Empowerment Mini Grants.
Small grants are available to nonprofits, community organizations and faith-based groups to off-set the cost of providing financial education programs.