Copeland will talk about her career in financial empowerment and how it’s culminated in working with minority credit unions, particularly Black credit unions, around the country to ramp up their ability to lend. As Next City has reported, Black credit unions are more numerous than other minority credit unions, but have had more difficulty making loans to their members than other minority credit unions do, or credit unions in general do. If Black credit unions loaned out at volumes equivalent to their peer institutions, they'd have more than a billion dollars more in loans on their books. Credit unions can’t solve everything when it comes to racial equity in banking and access to credit. But what can they solve? And why are they still worth the support that Copeland and her programs are providing to them? Next City’s series “The Bottom Line” explores scalable solutions for problems related to affordability, inclusive economic growth and access
NEW YORK, NY (PRWEB) February 10, 2022 New York City’s Office of Financial Empowerment is a proud partner with the NYC[x] Moonshot: Financial inclusion
Join Senior Economics Correspondent Oscar Perry Abello for the latest in his webinar series that goes beyond the issues of equitable economic development to talk to the people who do the work.