THE FIRST BLACK-LED COMMUNITY CREDIT UNION NEARING REALITY IN MINNEAPOLIS
Community Action Requested for Essential Public Support MINNEAPOLIS, MN (July 18, 2022)—The Association for Black Economic Power (ABEP)...
The Association for Black Economic Power (ABEP) is a nonprofit organization created to establish a Black-led credit union to address systemic financial challenges impacting Minneapolis residents, particularly people of color. ABEP is currently raising capital for post-opening operating expenses for Arise Community Credit Union. As the philanthropic arm of the Minnesota Credit Union movement - the Minnesota Credit Union Foundation has established a special fund to receive donations from supporters of Arise Community Credit Union, and is seeking to raise $1 million in capital from the credit union community.