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Alltru Credit Union Partners with St. Louis Small Businesses in Q3

ST. LOUIS (November 4, 2024) – Alltru Credit Union, a leading Community Development Financial Institution (CDFI) in the Greater St. Louis area, has expanded their Employee Wellness Benefits Program this year to include five new employee partnerships. Alltru serves these St. Louis-based businesses by providing their employees with comprehensive, convenient at-work financial resources.

“We’re thrilled to support these amazing St. Louis businesses in their mission of building a more stable, thriving workforce,” said Tracy Verner, Community Development Manager at Alltru Credit Union. “By partnering with employers, we empower their hard-working employees to overcome financial challenges that might inhibit their ability to remain gainfully employed. At-work Financial Wellness Programs ensure everyone has access to essential financial products that might otherwise be out of reach. They strengthen employees, families and our entire community, and we’re proud to be a part of that!”

In the third quarter, Alltru partnered with the St. Louis Development Corporation, Storyboard Living, Didion Orf Recycling, Employment Connection, and CMT, LLC.

Cory Elliot, CEO of CMT, LLC, standing next to Tracy Verner, Community Development Manager at Alltru Credit Union
Cory Elliot, CEO of CMT, LLC, and Tracy Verner, Community Development Manager at Alltru Credit Union celebrate the partnership to bring financial wellness products to employees of CMT, LLC.

St. Louis Development Corporation (SLDC), the City of St. Louis’s independent economic development agency, is dedicated to fostering minority and small business empowerment, neighborhood and community transformation, industry and business development, and real estate development. As SLDC advances the St. Louis area, it is now also enhancing its employees’ financial well-being through resources provided by Alltru.

Storyboard Living in the St. Louis Metro East provides convenient and large apartments for their customers. Storyboard Living boasts 18 communities, allowing them to serve many families in the St. Louis area. Because of their partnership with Alltru, Storyboard Living’s employees will now have access to financial wellness benefits as they support a great living environment for the community.

Didion Orf Recycling was established in 2001 and recycles customers’ materials as an R2v3/RIOS Certified electronics and metals recycler. Employees of Didion Orf Recycling in St. Peters can now take out affordable emergency loans thanks to their partnership with Alltru.

Since 1977, Employment Connection of St. Louis has been a nonprofit dedicated to breaking barriers to self-sufficiency for individuals with limited opportunities, including the unhoused, justice involved, economically challenged, and U.S. veterans. The organization provides clients with essential resources, training, and support to help them succeed in the workforce. By partnering with Alltru, Employment Connection now offers its employees access to safe emergency loans and credit building opportunities.

CMT, LLC originated in St. Louis in 2012 with the mission to deliver projects that embody excellence. Specializing in robust construction, strategic management, and innovative technology, CMT, LLC is committed to setting new benchmarks for quality and efficiency for their clients and employees. Through Alltru’s partnership with CMT, LLC, employees can access safe emergency loans, free Health Savings accounts, and credit building tools.

Together with these valued partners, Alltru provides emergency loans, free Health Savings accounts, and credit-building opportunities. These benefits are designed to foster financial stability and growth, empowering employees as they contribute to their organizations and communities.

To learn how Alltru can empower your team through free financial wellness benefits for your small business, visit https://alltrucu.org/employer-benefits/.

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About Alltru Credit Union

Alltru Federal Credit Union was chartered in 1968 as District 837 Credit Union by the International Association of Machinist Union members employed by McDonnell Douglas. Alltru is full-service Community Development Financial Institution (CDFI) whose mission is to improve the financial well-being of its members. With nearly 40,000 members and $350 million in assets, Alltru has provided members with a full line of dependable financial products and services for 56 years. For more information about Alltru Credit Union, visit https://alltrucu.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.

Media Contact:
Laura Woods – Vice President of Marketing and Community Presence (636) 916-8303; lwoods@alltrucu.org

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