A Long-Awaited Black-Led Credit Union Finally Gets the Green Light nextcity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nextcity.org Daily Mail and Mail on Sunday newspapers.
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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.