St. Louis, Missouri STL
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Oldest neighborhood newspaper in St. Louis · Independent and all volunteer-run since 1970

Banks

CWE Bank Sold To Pulaski

Summer 2006

Rashad Berry, Sales and Service Supervisor and Mike Taylor, Bank Manager.

Historical Summer 2006 article. Dates, prices, services and contacts describe the source period; current availability has not been established.

William A. Donius, Chairman and CEO of Pulaski Financial Corp., has announced that Pulaski Financial completed its acquisition of CWE Bancorp, Inc. effective March 31. Donius also announced that Pulaski Financial will issue approximately 211,000 shares and pay $3.6 million for all of the outstanding shares of CWE Bancorp common stock. “With the completion of this acquisition, we are adding two bank locations in an important, growing part of St. Louis – The Central West End,” Donius noted. “We believe that area is underbanked and we intend to fill that void.

We already have a number of customers in the central west end area of St. Louis. Having two locations in the immediate area will not only help us better serve our customers but also will give former CWE customers access to the entire range of products and services that are making Pulaski the preferred community bank throughout metropolitan St. Louis.

As of May 12, “both Pulaski and former CWE customers will be able to have all their banking needs met at the two Central West End locations just as they would at any of our other bank locations,” Donius stated. Pulaski Bank is a subsidiary of Pulaski Financial Corp., which is operating in its 84th year.

The company’s website can be accessed at www. pulaskibankstl.com.

The neighborhood location of the newest Pulaski branch is 324 DeBaliviere, where Mike Taylor will continue to serve as bank manager. Longtime CWE employees will also remain to serve the neighborhood customers. Mike Taylor invites customers and other residents of the neighborhood to stop by and see the “new” bank.

Original photograph caption

Rashad Berry, Sales and Service Supervisor and Mike Taylor, Bank Manager.

Originally published in The Times of Skinker-DeBaliviere, Summer 2006.

Read this article in the original newspaper issue.

Original source: SD_Times2006_06.pdf, printed page(s) 1; PDF page(s) 1.