by Emily Hechler FOR IMMEDIATE RELEASE
ST. LOUIS, MO (Aug. 26, 2025) – Alltru Credit Union, a certified Community Development Financial Institution (CDFI) serving the Greater St. Louis area, has been named a 2025 Best Credit Builder Loan provider by WalletHub, recognized for helping people in the Greater St. Louis area rebuild credit affordably and responsibly.
“We’re proud to offer a Credit Builder Loan that helps our members improve their credit score while returning money to them at the end of the term,” said Laura Woods, Vice President of Brand and Product Strategy at Alltru Credit Union. “Many of our neighbors face credit challenges, and this recognition from WalletHub as being one of the best in the country, reflects our ongoing commitment to providing safe, accessible banking products in the St. Louis area.”
WalletHub’s Best Awards are based on objective data from federal agencies, research organizations, and other reputable sources to remove subjectivity and provide consumers with clear insights into financial products. Unlike many other credit builder loans that carry high fees, high interest or limited flexibility, Alltru’s Credit Builder Loan is structured to be simple, transparent, and user-friendly and is available in amounts from $300 to $2,000 with terms up to 24 months and requires no upfront downpayment or deposit. Borrowers who make all payments on time receive 50% of their interest back, making it an affordable way to build or rebuild credit.
Alltru was founded in 1968 as a community owned cooperative to make banking, borrowing and credit building accessible to everyone. In addition to innovative products like the Credit Builder Loan, every Alltru branch offers certified financial counselors to ensure that members have real opportunities to improve their financial position.
For more information about Alltru Credit Union and its Credit Builder Loan, visit https://alltrucu.org/loans-credit-cards/personal-loans/credit-builder-loan/.
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 in North County St. Louis. Alltru is full-service Community Development Financial Institution (CDFI) whose mission is to improve the financial well-being of its members. With over 40,000 members and nearly $360 million in assets, Alltru has provided members with a full line of dependable financial products and services for 57 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 Brand and Product Strategy (636) 916-8303; lwoods@alltrucu.org