Alex D. Fennoy Promoted to Executive Vice President at Midwest BankCentre

Alex D. Fennoy has been promoted to executive vice president of Midwest BankCentre, where he continues to lead the bank’s community & economic development lending, investment, financial education and volunteerism. The announcement was made by Midwest BankCentre Chairman and CEO Jim Watson.

In addition to traditional middle market commercial banking, Fennoy leads the bank’s delivery of full-service banking products and services to meet local credit needs. By cultivating partnerships with such local organizations as Beyond Housing, Mount Beulah Missionary Baptist Church, the City of Pagedale, Friendly Temple Missionary Baptist Church and others, he has spearheaded the bank’s expansion into serving previously underbanked communities.

Fennoy possesses nearly 25 years of commercial banking experience. He joined Midwest BankCentre in 2010, focusing his efforts on helping local unbanked and underbanked citizens. He has co-chaired the St. Louis Unbanked Tax Force and its Bank On Save Up initiatives since 2013.

Fennoy serves on the boards of Better Family Life, Northside Community Housing, the Metro St. Louis Coalition for Inclusion & Equity, the Center for the Acceleration of African-American Business and the Jackie Joyner-Kersee Foundation, for which he serves as board president. A native of East St. Louis, Ill., he earned a bachelor’s degree in accounting from Fisk University in Nashville, Tenn.

Midwest BankCentre has been a mainstay of St. Louis community banking for 110 years. Currently, it ranks among St. Louis’ largest locally owned banks with assets of about $1.8 billion and deposits of $1.3 billion. It provides integrated financial services with expertise in commercial, retail and digital banking; business cash management; mortgage lending; consumer lending; and insurance. The bank is a local leader in the St. Louis Regional Unbanked Task Force and its Bank-On Save-Up St. Louis initiative. Since 2001, Midwest BankCentre has consecutively achieved the Bauer Financial 5-Star Superior financial rating each quarter.