The P.A.

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

The Honor System Is Dying A Slow, Sad Death

On September 30th, 2013, posted in: Uncategorized by

While I’m not going to debate the moral standards in our society through this blog, I will acknowledge that those who think we are leaning heavily toward being morally bankrupt received a little gas on the fire this past week. Draw a triangle in your mind. At each corner, write one of the following words: deplorable, unfathomable and despicable. Somewhere nestled between these three descriptors are the recent actions of a group of parents.


Let’s Zero In On Homelessness

On September 23rd, 2013, posted in: Uncategorized by

It’s time to change the overall well-being of our city. I’m tired of the “it is what it is” attitude that has allowed apathy to supplant empathy. Sadly, when we label something as “impossible” or “too difficult,” we are in essence giving it the death sentence. Very few people fight through the dissonance to change the direction of those issues that carry such a label. Not SLCCU. (more…)

Success Comes In Many Different Forms

On September 16th, 2013, posted in: Uncategorized by

I regularly encourage our leadership team to have an entrepreneurial spirit. It’s fairly natural that some would rather claim that they don’t have that gene than to stretch themselves to new levels of discovery. Human nature is a real deterrent to success. Ever since we were first criticized in our early childhood years for coloring outside the lines, we’ve been hesitant to take the leap necessary to be a true entrepreneur. Most of us got our creative gene trampled by a kindergarten teacher more interested in conformity than innovation. It’s years later, and now the workforce yields to the norm rather than take a few chances.


Believing That People Can Change Is A Lifeline For Their Future

On September 9th, 2013, posted in: Uncategorized by

St. Louis Community Credit Union (SLCCU) is trying to change the paradigm that accepts that low-moderate income (LMI) families must stay in a household funk as it relates to their standard of living. We don’t buy that. Some people besmirch the credit union’s desire to better our community. They can call us naïve or overly optimistic, yet it does not change our perspective that with a little work on the credit union’s part, and a whole bunch of tenacity and intestinal fortitude on the consumer’s part, we can move the dial to better the lifestyle of those who so desire.


Building Value: The Seen & Unseen

On September 3rd, 2013, posted in: Uncategorized by

Today, the market value of a company is determined by the intangibles as much as tangible metrics. In the old days, a company was valued by the things you could touch. If you had operating plants, equipment and inventory, then you had something worth selling. And if you had a little cash in the cookie jar, it just added to the selling price.