In his ads, Republican gubernatorial candidate Dave Spence recounts how numerous banks turned him down for a loan when he was a young man looking to start a business.
Eventually, Spence got a loan for a plastic bottling company.
Two decades later, as a successful businessman, Spence joined the board of directors of a St. Louis area bank -- from which he received numerous loans for commercial property and homes.
Democrats are highlighting Spence's role at Reliance Bancshares Inc.
Before Spence joined the board of the bank holding company, it received a $40 million bailout from the U.S. Treasury.
While Spence was on the board, the bank decided it couldn't make payments to the federal government.
Spence said he concurred in that decision, though it didn't sit well with him.
TV Station Profiles & Public Inspection Files forKRCG