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A Long-Awaited Black-Led Credit Union Finally Gets the Green Light

A Long-Awaited Black-Led Credit Union Finally Gets the Green Light
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I ve Lent People in Need $63M to Pay Rent, Buy Homes, Improve Lives

In 2013, Arlo Washington lent $150 to a customer. Now the "Barber of Little Rock" issues high-risk loans to people often denied by traditional banks.

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At Long Last, North Minneapolis Black Residents May Soon Have A Credit Union Of Their Own

The travails of Arise Community Credit Union, set to be Minnesota’s first Black led-credit union, raise the question: How hard should it be for communities to have their own financial institutions?

United statesCity of minneapolisDistrict of columbiaDaniel johnsonOscar perry abelloTim walzAndrea molnauGeorge floydDebra hurstonPhilando castilleAssociation for black economic powerMinnesota credit union foundationConsumer financial protection bureauMinnesota department of commercePeople trust community federal credit unionNational credit union administration

The Black Barber Who Launched A Credit Union

When neighbors started coming to his Little Rock barber college to borrow money, Arlo Washington went a step further and chartered Arkansas’ newest credit union.

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The first black-owned bank in Arkansas is expanding

People Trust Community Federal Credit Union will open a loan fund on 12th Street in Little Rock to help provide services to underserved communities.

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