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Group seeks $6M to revive plans for Black-led credit union

Copy shortlink: A group created to foster the financial independence of north Minneapolis residents has revived an effort to create the first Black-led credit union on the North Side. The Association for Black Economic Power (ABEP) has brought on new staff and board members to bring to fruition Village Financial Cooperative and is seeking $6 million from the city to get it off the ground. The credit union has the potential to be a source of hope, a source of pride, and just a new beginning, said Debra Hurston, ABEP s new executive director. And I just think the community deserves to know that their original mission has not been abandoned.

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