City & County CU Supports Association for Black Economic Power
January 13, 2022
Saint Paul, Minnesota – At City & County Credit Union, in everything that we do, we remain committed to the mission – empowering you to do more, by doing what’s right every day. This mission goes beyond the accounts we offer and the walls of our branches. It honors and puts our founding philosophy, People Helping People, to work by empowering our community with the tools and resources needed to access affordable financial solutions regardless of race, religion, sexual orientation, ability, gender expression, citizen status or financial capability.
To support this commitment, City & County Credit Union is proud to announce our monetary support and mentorship for the Association for Black Economic Power (ABEP) in establishing a Black-led credit union in Minneapolis – Village Financial Credit Union.
“At City & County Credit Union, we have and will continue to acknowledge the role we play in creating a more inclusive and equitable community,” Patrick Pierce, President/CEO of City & County Credit Union, explained. “We’re committed to listening to the needs of our community, asking bold questions and supporting organizations, like the ABEP, to continue being a loud voice for change.”
The ABEP is a nonprofit organization solely created to establish Village Financial Credit Union to address systemic financial challenges impacting Minneapolis residents, particularly people of color. Donations currently being secured will provide important grounding for the charter application and NCUA application and will help ensure operational sustainability during the first three years of opening.
City & County Credit Union’s financial commitment was coordinated in partnership with the Minnesota Credit Union Foundation, the charitable arm of the Minnesota Credit Union Network that provides grants, community partnerships, professional development and disaster relief to help the state’s credit unions and communities prosper and thrive.
Learn more about the Association for Black Economic Power (ABEP) and Village Financial Credit Union at https://www.mncun.org/villagefinancial.html.
About City & County Credit Union
City & County Credit Union is a cooperatively owned, not-for-profit credit union based in Saint Paul, Minnesota, with more than 60,000 members and $1.1 Billion in assets. Founded in 1928 to serve the employees of Ramsey County and Saint Paul - City & County Credit Union now serves those who live, work, worship or attend school in Carver, Hennepin, McLeod, Meeker, Wright, Ramsey, Washington or Dakota as well as City of St. Paul employees, Ramsey County employees and General Mills employees, retirees, and their family members nationwide. To learn more, call 651-225-2700 or visit www.cccu.com.
About the Minnesota Credit Union Foundation
Focused on financial education and professional development initiatives, the Minnesota Credit Union Foundation (MnCUF) is dedicated to providing the resources for credit unions and communities to prosper and thrive. MnCUF is a non-profit 501(c)(3) organization founded in 1969 that serves as a charitable arm of the Minnesota credit union movement. For more information, www.mncun.org/foundation.