Self-Help Federal Credit Union Joins the 12th Annual Heal The Hood Block Party to Give the Community Access to Financial Information Services in Milwaukee

Money Maker

Money makes the world go round, and in the United States wage gaps are still significant between gender and race, according to Pew Research. Representative of Self-Help Federal Credit Union Pamela Bell said the secret to a healthy and prosperous life is financial stability, which is why she was at the 12th annual Heal The Hood Block Party in Milwaukee.

The Self-Help Federal Credit Union was one of the various community organizations present at the block party. As a vendor, the credit union was sharing resources with marginalized groups to help them overcome wealth gaps, protect themselves from predatory financial institutions, and start their independent financial journey.

“Think of check cashing places, payday loan stores, that have triple-digit rates oftentimes. We provide those responsible services and a lot [of] people are taking the first step they don’t know so we’re there,” said Bell.

Some of Self-Help Federal Credit Union’s services include help with improving credit, the first steps to becoming a home-owner and starting retirement.

Happy Homes

Pamela Bell of Self-Help Federal Credit Union and Carvd N Stone reporter Maria Peralta-Arellano. (Picture by Fred Young/ Carvd N Stone)
Pamela Bell of Self-Help Federal Credit Union and Carvd N Stone reporter Maria Peralta-Arellano. (Picture by Fred Young/ Carvd N Stone)

For Bell, a healed looks like increased homeownership in the community. 

“A lot of people in the community are paying astronomical rates of rent and so a lot of times that can be transferred into paying a mortgage payment and taking ownership,” said Bell. “I think when we have ownership we have a sense of pride with community.”

Carvd N Stone was the official media sponsor. To watch more of the Carvd N Stone 2024 Heal the Hood Coverage click here.

Maria Peralta-Arellano

Maria Peralta-Arellano is a Milwaukee-native journalist who focuses on sharing news from her local communities. She dedicates her work to accessibility and producing bilingual coverage focused on arts, culture, and politics. She looks to explore her community through a journalistic and creative lens.

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