Historical April–May 2005 article. Dates, prices, services and contacts describe the source period; current availability has not been established.
Not many neighborhoods can claim their own bank but we can! Central West End Bank has been serving the neighborhood and surrounding community from the DeBaliviere headquarters since 1979.
The bank has been fulfilling the needs of urbanites since inception, with special regard to financing rehab property purchases. One of the bank’s major efforts is to assist borrowers in rehab projects from beginning to end, including extensive cost & end result analysis as well as use of a competent disbursing agent to allow for a complete and lien free project.
The bank was founded as a direct outgrowth of the lending and savings needs of urban neighborhoods in 1979.
It was the first new thrift chartered in 25 years in the metropolitan area.
It remains one of the few financial institutions headquarted in the City.
The bank was originally headed by Tom Scatizzi, and then by co-founder and neighborhood resident Kathleen Hamilton. Since 1996, David Stoecker has been Chairman of the Board. Prior to joining Central West End Bank, Mr. Stoecker was President and Chief Executive Officer of the Bank of South County, Gravois Bank and the Gravois Bancorpation, Inc.
The current president and chief operating officer is Jeanne Sweet, who joined the bank in 1999. Ms. Sweet has experience in resi-dential, consumer, and commercial lending, human resource administration, and investment portfolio. CWEB expanded to 10 Maryland Plaza in 1999 to better serve its growing customer base, both commercial and personal.
As a community bank, CWEB prides itself on its personal service. Borrowers speak directly to members of the loan department, and loans are not sold to the secondary market.
If a customer has a question about their loan, they can be assured of an answer and continued service. CWEB shows pride in being our community banking resource by sponsoring numerous community endeavors, including the Central West End Association web site and all of CWEA’s events, as well as funding the Stella Maris Capital Fund Raising Program, Ivory Park support, and Caring Solutions. Central West End Bank is located at 415 De Baliviere. Their phone number is 367-8800. De Baliviere hours are 8:45 am – 5 Monday through Thursday and until 6 on Friday. Saturday hours are 8:30 am – noon. Their website is cwe-bank.com.
Originally published in The Times of Skinker-DeBaliviere, April–May 2005.
Read this article in the original newspaper issue.
Original source: SD_Times2005_04.pdf, printed page(s) 6; PDF page(s) 6.
