Financial Empowerment

Path to Prosperity

ABEP Presents The Financial Empowerment Center

Our Financial Empowerment Center provides tailored support to individuals at all life stages, from youth to seniors. We offer financial education programs for students, college planning and job readiness for young adults, homeownership and debt management guidance for mid-life adults, and retirement and healthcare cost planning for seniors.

aSSOCIATION FOR BLACK ECONOMIC POWER

We are a nonprofit organization created to establish a Black-led financial institution to address systemic financial challenges impacting Minneapolis residents, particularly people of color.  Additionally, as a community development organization, ABEP seeks to impact the underserved communities it serves from the standpoint of affordable housing, workforce development, and small business acceleration opportunities.

 

The Minnesota Department of Commerce Charters Minnesota’s first Black-led Credit Union

The Minnesota Department of Commerce has officially chartered Arise Credit Union, marking a historic moment as Minnesota's first Black-led (and newest) credit union in the state in more than two (2) decades.


MISSION

To promote economic independence, multi-generational wealth, and community development for Black families and businesses.




VISION

Remove social stigmas and provide a solid financial foundation for our people to move from existing to thriving by creating a cooperative Northside focused ecosystem of community partners working toward the common goal of building and sustaining wealth for the Black diaspora that stays circulating in our community.


OBJECTIVE & GOALS

Our objective is to create a more just and equitable society by providing resources, education, and support to Black-owned businesses and individuals, and by advocating for policies that promote economic inclusion and equity. Our ultimate goal is to build wealth and economic power within the Black community and to promote economic self-determination as a means of achieving social and political equality.  

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Change will not come if we wait for some other person, or if we wait for some other time. We are the ones we’ve been waiting for. We are the change that we seek.
— Barack Obama

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