The nation’s oldest Black sorority is getting into the banking game.
Alpha Kappa Alpha Sorority Inc. announced earlier this month the opening of “For Members Only Federal Credit Union,” which it said aims to help build generational wealth for Black women, promote social justice and uplift communities.
The National Credit Union Administration granted the Chicago-based financial services provider a charter on Feb. 3 and the sorority expects it to be fully operational by the end of the year.
