Greater St. Louis Community Financial Access Pilot (CFAP) Community Profile

Community Overview:  The Greater St. Louis Community Financial Access Pilot (CFAP) serves the St. Louis Metropolitan Statistical Area (MSA), especially the City of St. Louis and St. Louis County, Missouri.  The Greater St. Louis area includes a total of 11 counties in Missouri and Illinois with an estimated population of 2.7 million.  The region has a diverse population, and areas of significant population decline, unemployment, and low median incomes.  

Initiative Overview: The Greater St. Louis CFAP will build upon the financial education and asset building initiatives already in place across the community, expand on services offered, and enhance coordination among the service providers.  The initiative's goals and objectives are to:  increase access to financial education programs offered throughout the region, particularly for residents residing in low-income areas; establish strategies for increasing access to financial products and services for all consumers, especially the unbanked and underbanked individuals; determine effective approaches to increase use of accounts for the low-and moderate-income individuals; and identify issues and those willing to advocate for policy change to reduce barriers and challenges, which negatively impact a family or individual's financial stability. 

Partner Organizations as of November 2008:

  • American Eagle Credit Union
  • Bank of America
  • Beyond Housing
  • Catholic Charities Housing Resource Center
  • Clearpoint Financial Solutions
  • Citibank
  • Community Action Agency of St. Louis County
  • Community Asset Management Company
  • City of St. Louis Department of Human Services
  • Employment Connection
  • Federal Reserve Bank of St. Louis
  • Fifth Third Bank
  • Human Development Corporation
  • Midwest BankCentre
  • Office of U.S. Senator Claire McCaskill
  • Regions Bank
  • Southwest Bank
  • St. Louis Community Credit Union
  • U.S. Department of the Treasury
  • United Way of Greater St. Louis
  • University of Missouri-Extension
  • Urban League of Metropolitan St. Louis

For more information contact:  Naomi Vernon, Community Consultant at

Last Updated: January 22, 2009