Why We Need Financial Partners
Meeting Notes from Bankers Breakfast (12.3.15)
Veta Jeffery, Co-Chair opened the meeting and welcomed attendees - click here to see if your bank was represented at the meeting. 
 
 Alex Fennoy, Co-Chair gave the history of STRUT and Bank-On Save-Up.  We discussed where we have been and our vision for the future - read our Strategic Plan to see how you might become involved.

Since the inception of STRUT in 2011 there have been numerous collaborative efforts aimed at improving economic conditions for low income communities.  Read the  ECONOMIC IMPACT report from SLECRA as well as the latest report of new BOSU opened accounts, which creates a $4.83 million dollar impact on families in the metro area.
UPCOMING OPPORTUNITIES & EVENTS 2015
LOCAL GOVERNMENT
 Operation Hope, Inc. is now open inside
of City Hall.   Click here for the flyer. 
Classes now forming:
Dec. 12th & Jan 16th
Click here for the flyer.
FAITH BASED BANK FAIR
 Bank-On Save-Up partnered with the Temple Church of Christ to implement 12 weeks of financial literacy classes.  We need bank partners to participate in the bank & resource fair.  Click here for the flyer.
Why become a Financial Partner? 

The mission of the St. Louis Regional Unbanked Task Force is to create long-term financial stability by removing barriers to banking and promoting wealth building among unbanked and underbanked households. As a financial institution partner, you are critical to our efforts.  We we need your leadership to help remove barriers that prevent customers from entering the mainstream banking system.
 
How can you get involved?  First and foremost we need your time and talent.  Join a working group helps us design outreach programs and provide opportunities to serve economically vulnerable communities.  Please see below the link to the current list of committees and the sign up form, which you may scan and email to Lisa Potts.
  
  
If you meet the product criteria to participate in Bank-On Save-Up St. Louis, we welcome you to be a part of the solution to connect unbanked and under-banked households to safe and affordable products and services.  Click the following links for additional information. 
  
  
What if you don' have a Bank-On Product?  You may not have a product right now that is designed to meet the needs of unbanked households or maybe you don't  have a branch in or near a low to moderate income area - YOU CAN STILL SUPPORT our overall efforts of improving the economic viability of underserved communities by supporting other collaborative asset building initiatives:
  • Co-Sponsor our annual Pastor's Breakfast - March 3, 2016
  • Advertise in On the Money Magazine, a financially focused magazine for teens
  • Underwrite the cost to present "Our Money Matters, The Musical" to the community 
  • Help send a kid to college by supporting College Kids

If you are interested in supporting any of the above community outreach efforts, send us an email with details.  Or if you have another initiative that you think would be a great fit for the Unbanked Task Force to support, we welcome all suggestions. 

Bank On coalitions are locally-led partnerships between local public officials; city, state, and federal government agencies; financial institutions; and community organizations that work together to help improve the financial stability of unbanked and underbanked individuals and families in their communities.   A national effort was created to compliment and fill gaps where a national voice was missing. 

 

Click the following links to give you an overview of Bank-On and how St. Louis is uniquely positioned in the national spotlight by  having our City Treasurer, Tishaura Jones on the national Advisory Board.
 
Link to Remarks from FDIC Chairman

UPCOMING OPPORTUNITIES & EVENTS 2016
America Saves Week
We need YOU to help us deliver fun savings presentation to 56 SLPS elementary schools Feb 22-27th.  Click here to be matched with a school.  Click here for the America Saves Fact Sheet.
Infinite Scholars Fair
 Don't miss this incredible opportunity to share your products & services to the next generation.  Thousands of college bound students will attend this event.       
Click here for the flyer.