Last night, Prosperity Connection® announced Midland States Bank as a recipient of the 2018 Community Partner of the Year Award for its commitment to providing innovative homeownership options to families throughout the St. Louis region.
Prosperity Connection awarded two organizations and three individuals this special recognition and distinction at an evening ceremony on Wednesday.
“Prosperity Connection’s mission of financial inclusion and empowerment relies upon strong partnerships with volunteers, foundations, corporations, and financial institutions,” said Paul Woodruff, Executive Director for Prosperity Connection. “Midland States Bank assisted our organization on many fronts, including our push to support families in their goal of homeownership.”
Since late 2016, Midland States Bank has worked closely with Prosperity Connection’s financial coaches to assist more than 10 customers to qualify for or close on more than $1 million in mortgage loans.
“We are very thankful with how our relationship with Prosperity Connection has grown, enabling us to more effectively assist families in achieving homeownership,” said David Noble, Community Development and CRA Officer for Midland States Bank. “Equity and asset-building are important in establishing the financial foundation and future for families. Our partnership with Prosperity Connection allows us to help families set this foundation.”
The customers assisted by both organizations overcame unique challenges to achieve their homeownership goal. Both organizations strive to help more families achieve this goal.
“Our teams work together to help borrowers overcome barriers to home loan approval. We cannot do this work alone. Thankfully, we have Midland States Bank as a valued partner,” said Woodruff.