AUTUMN 2003

Weaving the Arts into Communities

Regional Authority Works
to Bolster Economy in Delta

Fund Designed to Counter
Predatory Loans

Fed Study Examines Casino
Gambling, Impact on Economy

New National Resource Center
Available on Web

Bank Staff Available
to Answer Questions

Federal Reserve Schedules
Seminars on Reg C Amendments

What Exactly Is BOOF?

The Federal Reserve Fiscal Impact Tool

Spanning the Region

Have You Heard

Calendar

Resources

Resources

Investments in Progress: Make a Deal, Make a Difference in the Urban Core of the St. Louis Region—Investors are the target audience of a new web site that highlights development opportunities in the St. Louis region's urban core. Hosted by the St. Louis Regional Chamber & Growth Association (RCGA), the site also lists successful private and public investment of recent years. The St. Louis urban core is defined as the older areas of the city of St. Louis, most of the inner ring suburbs of St. Louis County, and older communities in St. Clair and Madison counties in Illinois. To view the site, go to www.stlrcga.org.

Neighborhoods, Regions and Smart Growth Tool Kit—The National Neighborhood Coalition says its guide provides "an easy-to-understand, ‘big picture' explanation of how neighborhood development and regional growth affect one another." The kit advises neighborhood advocates on how to work effectively with regional leaders. The kit costs $20 and includes a list of resources, a checklist for action and guidance on building an agenda for change. Call Leah Kalinosky at (202) 408-8553 or e-mail her at leah@neighborhoodcoalition.org for information.

The Foundation of Asset Building: Financial Services for Lower-Income Consumers—The Woodstock Institute report profiles five banks that have a commitment to build their customer base by reaching out to unbanked households. The banks offer affordable checking, lifeline accounts and financial literacy programs and use creative strategies to market their products. The report also has an inventory of lifeline banking and financial literacy resources. To order a copy of the report, call (312) 427-8070.

Rural Community Development Banking Resource Directory—Banks interested in lending, investing or providing retail financial services in rural communities can find descriptions of resources and contact information in the directory. Organizations and web sites are categorized under rural housing, commercial lending, general information, public facilities lending, community revitalization and rural development farm loan programs. To access the directory, go to www.occ.treas.gov/cdd/Rural.htm.


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