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We are so excited share with you, our owners, the very first Alltru Credit Union community impact report.


A graphic containing the year 2021 with images inside of each number. Number 2 containing an employee holding open a branch door; Number 0 containing the St. Louis Arch; Number 2 containing the Alltru headquarters; Number 1 includes employees at a volunteer event.
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You are an owner.

 As an owner of this institution, when you succeed so do we! You should know how your investment at Alltru is affecting the community you live in. Every quarter, we’ve been reporting to our CDFI Advisory Board and Board of Directors on the impact of this work, but we want to start sharing this news with you, our members. Moving forward, you can expect to see this impact report in your inbox four times a year.

There is still so much to be done and we encourage you to stay involved. Tell people what we’ve accomplished together and how their investment into an Alltru checking, savings or loan product has the power to impact their community.

Alltru is proud to be a CDFI.

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What does CDFI mean?

Alltru Credit Union is a certified Community Development Financial Institution (CDFI), devoted to helping people achieve their financial goals by providing accessible financial tools to the St. Louis communities we serve. We approach this work in several different ways:

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Strong partnerships with effective nonprofits and government programming

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Certified financial counseling to people experiencing low income and credit challenges

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Providing access to affordable banking and lending products


Many communities throughout St. Louis have been left without accessible bank or credit union branches. In an effort to build a presence in these divested communities, Alltru has partnered with local nonprofit organizations and programs to ensure financial stability is possible.

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Financial Empowerment Coordinator

In 2021, Urban League of Metropolitan St. Louis and Justine PETERSEN have both opened their doors for Alltru to serve their clients and partner together to provide wholistic financial capabilities programing with two full-time Alltru Financial Empowerment Coordinators in their buildings to serve clients while they are receiving services.


Nonprofit Clients Added as New Members


Financial Literacy Classes Taught for Nonprofit Clients


Nonprofit Clients Given Free 1-on-1 Counseling


Loans Deployed to Nonprofit Clients

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College Kids Program.

Since 2014, Alltru has opened nearly 19,000 savings accounts for incoming Kindergarteners in the City of St. Louis in partnership with the College Kids Program.

In 2021, College Kids families increased their college savings balances by nearly $70,000 to a total of $290,000, set aside only for college or trade school at the time of high school graduation.

This program is changing the conversation of higher education all over the city of St. Louis. We are so proud to support this program and the families served by the College Kids office.

Infographic titled 2021 College Kids Savings Account Balances. Line graph showing balances increasing each month, with December being the highest amount at $290,741.
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STL Youth Jobs.

Alltru is currently serving more than 1,900 youth in St. Louis under the age of 25 with comprehensive financial literacy and access to free checking accounts with the STL Youth Jobs program. This program offers job training to youth through:




Image of Alltru member, Alayna, inside of an Alltru branch signing a check. Photo in inside of a swipe shape.

Alltru makes sure that as they are receiving their first paychecks, they know how to manage their money for free.

Infographic titled '$ in STL Youth Jobs Loans'. Line graph showing loan balances growing each year from Jan 2016 to December 2021, with December 2021 being the highest amount at $81,335.
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In 2021, we were so excited to celebrate $81,000 – a record-high number in loans deployed to STL Youth Jobs participants as they begin building their credit and borrowing funds for things they need.

Accessible Banking.

For generations, communities throughout St. Louis were intentionally denied access to important banking products. Checking accounts, home loans and small dollar loans have only been offered to low income or minority communities by way of predatory service providers for too long, leaving families in cycles of poverty not easily escaped.

In 2021, Alltru credit union deployed 7,470 savings, checking and loan products to families living in low income census tracts. And for the third year in a row, Alltru has exceeded their record for loans deployed to credit scores below 640.
Infographic titled 'Loans Deployed to 640 Credit Scores and Lower'. Horizontal bar graph showing balances each year from 2016 to 2021, with 2021 being the highest amount at $36,538,313.

As a certified Community Development Financial Institution (CDFI), Alltru is focused on overcoming barriers of accessibility for every community and household in St. Louis City and St. Louis and St. Charles counties. Regardless of socio-economic status, people deserve a safe way to bank and borrow money. Alltru works hard to build bridges for financial stability for all.

Image of Alltru employees at an Urban League volunteer event. Photo is inside of a circle shape.


Every Alltru employee is given paid volunteer time so that we can make a difference in our communities by volunteering with our nonprofit partners. Although we give small dollar grants and service our partners with programming, we also want to be hands-on. And we want all of our employees to play a part in the success of the cooperative and their community.



In 2021, Alltru employees spent 541 hours volunteering at local nonprofits



Each month, Alltru employees are given 8 hours of paid volunteer time

Image of the St. Louis arch and city skyline. Photo is inside of a swipe shape.

This is all done, not because it’s highly profitable, but because it’s needed and it’s the right thing to do. It’s the right way to invest our time and energy.

Thank you for being an owner of Alltru Credit Union and for investing in real change for our communities.

Learn more about your membership and our shared community impact:


Let’s Talk

We’re in your neighborhood.

We are St. Louis, through and through. We have branches throughout the metro area. Plus, as a member you’ll have free access to hundreds of local ATMs.