The P.A.

A weekly address from Patrick Adams,
President of St. Louis Community Credit Union

Common Sense Equals Dollars And Cents

On August 29th, 2011, posted in: Uncategorized by

Unless I’m reading “Gas” wrong, about a year into the Great Recession (January 2009), St. Louis gas prices were somewhere around $1.34 per gallon.  This was a “WOW” moment for me.  Along with everything else that has pained us over the past few years, to find out that gas cost us as little as $1.34 per gallon in January 2009 just added to the frustration of our times. (more…)

Credit Union Offers Hope During These Difficult Times

On August 22nd, 2011, posted in: Uncategorized by

Uh-oh.  It would appear to me that a confluence of factors is responsible for what I see setting up to be an ugly 2012 for the great people of our community.  I hope I’m wrong.  I don’t read tea leaves, tarot cards, palms or minds.  But I do read enough other things to see the writing on the wall, and it doesn’t look good.  Sorry – don’t shoot the messenger!


SLCCU Determined To Be The Best

On August 15th, 2011, posted in: Uncategorized by

Destiny is the result of determination.  Very few times in my life has destiny not been nudged forward by a resolute determination to achieve a particular goal.  My theology is such that I believe God guides my steps, but I feel obligated to provide those divine powers something to work with.  As a result, hard work is a major contributor to the end goal.  Hard work, for me, is synonymous with determination.


At SLCCU, “Poor” Really Means “Smart”

On August 8th, 2011, posted in: Uncategorized by

Somebody recently referred to St. Louis Community Credit Union as the “Poor Man’s Bank.”  When it happened, one of our Credit Union employees was in a grocery store check-out lane.  She was ready to swipe her debit card for payment when out of left field the comment hit its mark.  See, the cashier noticed our logo on the card and this prompted his comment.  Upon my learning of this descriptor and every minute thereafter, I have contemplated was this a “dis” or was this a compliment?  What’s this new designation mean, if anything?


SLCCU Trying To Help Close The Wealth Gap

On August 1st, 2011, posted in: Uncategorized by

In case you missed it, a study of wealth in America was recently released.  An analysis of 2009 government data was conducted by the Pew Research Center and, as dictated by their name, the data stinks.