Historical December 1979 report or notice. Original dates, prices and contacts describe the source period; current availability has not been established.
The
Central West End Savings and Loan Association, the first new savings and loan in St. Louis-or St. Louis County in twenty-five years, has just _completed six months of operations at 415 DeBaliviere. In order to open,
Central West End Savings had to have a minimum of a thousand depositors and two million dollars. Tom Scatizzi, president and managing officer, stated that “We now have deposits of three and a half million dollars; and have committed over $1,350,000 in home mortgage loans in spite of the stressful times of controlled interest rates and a volatile market as well as high cost of deposits.”
Mr. Scatizzi continued: “We are doing what we said we would do when we were chartered: serving the savings and lending needs of the west end community in particular, and the metropolitan area in general.”
Central West End Savings had its grand opening in late September with a ribbon cutting officiated by Senator Thomas Eagleton and Mayor James Conway, among other guests.
The savings and loan has hosted varied cultural and civic activities, such as an extended art show of lithographs by local and international artists, arranged by neighborhood art dealer, Marjorie Sharpe Hayes. A reception for the newly published book on the seventy-fifth anniversary of Parkview Place was held recently. The book was coauthored by Parkview residents Jean Eberle and Judy Little, and compiled from historical data supplied by a number of area researchers.
The savings and loan’s most recent exhibit is a show by Barbara Hunter, an area weaver, who has developed her idea for hoop weaving through a study of the American Indian and the Indian’s feelings of sacredness toward circular form. The show will last through the fourth of January.
Original photograph caption
Shapes in fiber by Barbara Hunter. The Paper, December 1979, page 9. Photograph not credited.
Originally published in The Paper, December 1979.
Read this article in the original newspaper issue.
Original source: SD_Times1979_12.pdf, printed page(s) 9; PDF page(s) 9.
