Midwest BankCentre settles with Department of Justice

The Department of Justice announced on Thursday June 16th it had reached a settlement with Midwest BankCentre.  According to the agreement, the bank will open a new branch in a predominately African-American neighborhood and will provide $1.45 million in additional products, services, and outreach to African-American communities.

SLEHCRA applauds Midwest BankCentre’s commitments!

See the DoJ press release here.

Also check out some of the press on this story:

St. Louis Beacon

St. Louis Post-Dispatch

St. Louis Business Journal

St. Louis Public Radio

and BET