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Cooperative Economic Justice- Womens Press.com

Updated: Jul 11, 2025

“This project has a bigger national image than it does in the state,” Hurston says. “I think what draws people outside of Minnesota to this is the fact that they are aware of the stories of Philando Castile and George Floyd, the banking drought."


Fed up with policing injustice after the murder of Philando Castile, which is linked to economic injustice in North Minneapolis — a banking desert riddled with payday lenders that can charge 400 percent on a small loan — the Association for Black Economic Power (ABEP) began the years-long process of launching a credit union in 2016. Credit unions are member-owned nonprofit financial cooperations for banking.


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