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University Bank Rehabs Infamous Property

Faith based organizations, such as the Jewish Community Action Program, invest in the University Bank SRDF and make projects such as this possible.

Pictured above (in 'after' photo):
Vic Rosenthal, JCA, Executive Director
Pam Margolis, past Co-President, Mount Zion Temple
David Reiling, President and CEO, University Bank

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The house at 930 Marion Street had seen better days — so had its Saint Paul neighborhood. Less than two blocks from Saint Bernard's Catholic High School, the notorious property had been the subject of 911 calls by fearful neighbors.

Police discovered that the tenant had been producing crystal methamphetamine and was training fighting pit bulls. In fact, when the house was searched, syringes used to inject the dogs with steroids were found.

The tenant is now gone but, for the close-knit community, the real work was just beginning. The neighborhood needed help to clean up the eyesore 930 Marion Street had become — that's when University Bank stepped in.

We have invited local faith organizations like the Jewish Community Action (JCA) group and area synagogues to tackle community development projects with us. These organizations invest in University Bank to put their values into action. Their money doesn't just sit in our vault, it has a "double bottom line" — earning interest while financing the repair of distressed properties.

Thanks to all of our partners, the property at 930 Marion Street is now completely rehabilitated and for sale as a single family home. If you would like to support projects like this, please make a deposit with University Bank today. To begin, visit our page describing the Urban Revitalization Fund.

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