FOR IMMEDIATE RELEASE:
November 10, 2023
Alltru Credit Union Appoints Vice President
ST. LOUIS, MO (November 03, 2023) –Kim Stocks, formerly Director of Member Operations at Alltru Credit Union, assumed the role of Vice President of Lending & Deposit Operations, effective November 1, 2023.
During her tenure at Alltru Credit Union since 2008, Stocks has emerged as a distinguished leader, showcasing unwavering dedication and commitment. She has held various pivotal positions within the credit union, starting as a Teller and progressing to Underwriter, Lending Manager, and most recently as the Director of Member Operations.
Under Stocks’ steadfast guidance, the credit union’s portfolio has thrived and diversified, consistently surpassing established objectives. The role of Community Development Financial Institution (CDFI) lending has been central to Alltru’s mission of empowering and uplifting underserved communities. With Stocks at the helm, Alltru is actively engaged in breaking the cycle of poverty by providing essential access to banking products for those who might otherwise be excluded.
In 2022 alone, Alltru Credit Union disbursed more than 6,500 savings, checking, and loan products to families residing in low-income census tracts in the greater St. Louis area. Additionally, they extended $33 million in loans to families with credit scores of 640 or lower.
Laura Woods, Vice President of Marketing and Community Presence at Alltru Credit Union, said, “At Alltru Credit Union, we firmly believe in the fundamental right to financial empowerment. CDFI lending represents our commitment to ensuring that every member of our community has equitable access to financial services. Kim’s leadership has been exceptional in advancing these efforts and creating a tangible impact in the lives of our members.”
Michelle Rosner, CEO of Alltru Credit Union, praised Stocks, stating, “Kim brings over 15 years of extensive lending experience in the banking industry. However, what truly sets her apart is her passion for member care and realizing their dreams. With Kim as an integral part of our team, we are a stronger credit union.”
Kim Stocks has forged her banking career on the principles of servant leadership and authenticity. She brings with her a lifetime of experience marked by hard work, unwavering commitment to compliance, meticulous due diligence, and exemplary leadership.
About Alltru Credit Union
Established in 1968, Alltru Credit Union is full-service financial cooperative whose mission is to improve the financial well-being of its members. With almost 40,000 members and over $335 million in assets, Alltru has provided members with a full line of dependable financial products and services for over 55 years. For more information about Alltru Credit Union, visit www.thebetterwaytobank.org.
Not a credit union member? Membership is available to anyone who lives, works, or worships within St. Charles county, St. Louis county, or the City of St. Louis. Open an account today.
VP of Marketing and Community Presence