On September 14, 2023, in a neighborhood described as having over 30 payday loan centers, one within plain view of R and R Marketplace, Midwest BankCentre opened its newest branch.
In addition to testing new products, services and technology to serve individual bank customers, the bank has committed to making smaller-dollar, non-traditional loans to small businesses and entrepreneurs.
Consumers Council applauds the progress of Midwest BankCentre which in 2011 was the subject of a settlement reached by the Justice Department regarding alleged lending discrimination in St Louis.