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Westside Credit Union Getting Closer to Reality and More News

The Westside Leaders Network has signed a memorandum of understanding with the Great Lakes Credit Union to open a branch in Austin.

“This is something that could ultimately change the landscape in America because black people will be able to get loans in their own community without paying as much money or just getting rejected,” said Rev. Ira Akri, pastor of Greater St. John Bible. Church in Austin.

Michelle Collins, a former community development banker with roots in Austin and Oak Park, helped with this. She said the Great Lakes Credit Union is a “great partner” that aligns with the mission and vision of the Leadership Network. Earlier this year, Collins said a group of religious leaders was in talks with larger credit unions interested in working with the group.

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By Peter Kavinsky

Peter Kavinsky is the Executive Editor at cablefreetv.org