The first black-owned bank in Arkansas is expanding

LITTLE ROCK, Ark. — The first black-owned bank in Arkansas has expanded in order to provide important services to an underserved community.

People Trust Community Federal Credit Union is a nonprofit community development financial institution located in Little Rock. 

According to founder and CEO, Arlo Washington, establishing a new loan fund right in the core of 12th Street will greatly benefit the community that he believes is under-invested.

“Our mission is to provide access to financial products and services to low and moderate-income communities who wouldn't otherwise receive the opportunity . . .