Alpha Kappa Alpha sorority launches members-only credit union

The credit union, FMO, was created to foster greater financial prosperity for women of color and AKA members.

Alpha Kappa Alpha (AKA), the United States’ oldest Black sorority, is launching a groundbreaking new credit union and placing ownership in the hands of its members.

For Members Only (FMO), which celebrated its grand opening Wednesday, is the nation’s first sorority-based financial institution to be owned and led by Black women, according to today!

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