Black-led credit union to Arise in Minnesota
New organization already lives and breathes credit union culture.
From left, Andrea Molnau, Dan Johnson and Debra Hurston
As executive director at the Association of Black Economic Power (ABEP) in Minneapolis, Debra Hurston is dedicated to removing social stigmas and finding financial solutions that allow Black residents of her community to thrive.
ABEP was formed to lead the development of newly named Arise Community Credit Union, which is undergoing the state and NCUA chartering process while it continues to gain financial support from the community and Minnesota credit unions.
That said, Hurston never thought founding a credit union would be so rife with challenges.
“I call it ‘the dance,’” she says. “We go back and forth. It’s a dialogue, but it’s a heavy lift. I didn’t understand how challenging it would be at the outset.”
continue reading »
