Events Calendar

 

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28 Fri
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5:00 pm Quest for Community Capital
Quest for Community Capital
Apr 28 @ 5:00 pm – 6:30 pm
The establishment of community-controlled financial institutions is one of the great untold stories of public-policy successes over the last quarter-century. Early efforts to organize access and alternatives to basic banking services for the poor, the working class, and minority groups in the United States have their roots in the Freedmen’s Savings and Trust and the first U.S. credit union – the St. Mary’s Bank. Starting in the 1960s, the convergence of community activism, philanthropy, and federal policy merged with Catholic women’s orders to help launch a network of thousands of institutions that invested tens of billions of dollars in low-income communities and the “unbankable” poor. The Occupy Wall Street movement and the subsequent “Move Your Money” campaign brought the issue[...]