Inaugural Award Recognizes Midwest BankCentre as Community Leader

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Bosnia Memory Project's Ben Moore presents award to Jim Watson, Midwest BankCentre

Dr. Ben Moore presents the award
to Midwest BankCentre’s Jim Watson.

The Bosnia Memory Project at Fontbonne University presented Midwest BankCentre with the inaugural Bosnia Memory Project Community Leader Award Tuesday, March 27, 2018, at a private reception. Midwest BankCentre has been a leading community investor in the Bosnia Memory Project as an expression of its commitment to its many Bosnian-American employees and customers in St. Louis.

“Midwest BankCentre has been a leader in community engagement and in serving St. Louis’s Bosnian community,” said Dr. Ben Moore, co-founder and director of the Bosnia Memory Project, which is dedicated to establishing an enduring record of Bosnian genocide survivors, especially those living in metropolitan St. Louis. “The bank has done exemplary work with such organizations as the International Institute, Beyond Housing, and the Bosnia Memory Project, working collaboratively to reach the underserved.”

The Bosnian population in St. Louis totals more than 60,000, making it the largest Bosnian community outside of Bosnia. Nearly all these community members came to St. Louis as a result of the war and genocide perpetrated in Bosnia from 1992-1995. Bosnians were allowed to immigrate to the U.S. as refugees, and St. Louis became a preferred destination due to the availability of jobs and inexpensive housing. Today, they are homeowners, business owners and significant contributors to the local economy and culture.

“We are grateful for the opportunity to be deeply invested in the Bosnia Memory Project at Fontbonne,” said Jim Watson, chairman and CEO of Midwest BankCentre. “Over the past several years, we’ve developed strong bonds with Bosnian-American immigrants as both employees and customers of Midwest BankCentre. More than 25 percent of our 19 branches are staffed by at least one employee whose native tongue is Bosnian. Our community banking relationships have helped a number of local businesses start up and grow as family businesses and reliable employers.”

Midwest BankCentre has been a mainstay of St. Louis community banking since 1906. With a staff of close to 300 working at 19 bank locations in the City of St. Louis, St. Louis County, Jefferson County and St. Charles County, it ranks among St. Louis’ largest locally owned banks with assets of about $1.9 billion and deposits of $1.4 billion. It provides integrated financial services with expertise in commercial, retail and digital banking; business cash management; mortgage lending; consumer lending; and insurance.