STOCK TITAN

From Business to Community Impact, Minneapolis Barbershop Finds Success

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary
Wilson's Image barbershop in North Minneapolis partners with U.S. Bank for business support and community impact.
Positive
  • Wilson's Image barbershop partnered with U.S. Bank to purchase the building, achieving Teto Wilson's goal of owning his own barbershop.
  • U.S. Bank's Access Commitment program aims to increase wealth-building opportunities for the Black community.
Negative
  • None.

Originally published on U.S. Bank company blog

NORTHAMPTON, MA / ACCESSWIRE / September 14, 2023 / Wilson's Image, a barbershop in the heart of North Minneapolis, is known for being more than just a place to get a haircut. It's been transformed into a place for community.

"I make relationships with key stakeholders in the community to make sure that I can provide resources for our customers far beyond haircutting services," said Teto Wilson, owner of Wilson's Image, who points to U.S. Bank as one of those stakeholders.

In August 2022, Wilson met Tim Farrow - the business access advisor serving the Twin Cities - at an Access Commitment Live! event in Minneapolis. Farrow and other business access advisors across the country help Black business owners network, connect to resources and gain access to capital.

By working in partnership with Farrow and the business banking team at U.S. Bank, Wilson purchased the building his barbershop is in.

"Teto told me that one of his goals was to own his own barbershop," Farrow said, "and we helped him get there."

Wilson's partnership with U.S. Bank goes beyond banking, with Wilson hosting a listening session for U.S. Bank with high school students to learn more about the North Minneapolis community and contributing to Wilson's scholarship fund.

U.S. Bank launched Access Commitment in 2021 with the goal of increasing wealth-building opportunities for members of the Black community.

For more about Wilson's Barbershop, watch the video linked above.

View additional multimedia and more ESG storytelling from U.S. Bank on 3blmedia.com.

Contact Info:
Spokesperson: U.S. Bank
Website: https://www.3blmedia.com/profiles/us-bank
Email: info@3blmedia.com

SOURCE: U.S. Bank



View source version on accesswire.com:
https://www.accesswire.com/784088/from-business-to-community-impact-minneapolis-barbershop-finds-success

U.S. Bancorp

NYSE:USB

USB Rankings

USB Latest News

USB Stock Data

62.45B
1.55B
0.13%
79.48%
1.51%
Commercial Banking
Finance and Insurance
Link
United States of America
MINNEAPOLIS

About USB

we believe in putting people first, and our dedication to making ethical decisions and doing the right thing is at the heart of what we do. we're proud to be named by ethisphere as a 2017 world's most ethical company. we work to meet our customers’ business and personal banking needs with competitive products and services, convenient access to their accounts, and proven stability backed by industry-leading financial metrics. with more than 4,800 atms, 3,088 branch locations, 24-hour phone support and mobile and online banking, we make it easy for our customers to manage their money any time. please note: equal housing lender. credit products are offered by u.s bank national association and subject to normal credit approval. some restrictions may apply. deposit products offered by u.s. bank national association. member fdic.