News
Stories and news from Exodus Lending and the financial industry
Annual Report 2019
Exodus Lending’s full Annual Report can be downloaded by following this hyperlink: Annual Report from 2019. 2019 Annual Report by Anika Riewe on Scribd
Nick Scheibel
Nick Scheibel Joined the Board of Directors in 2018 I began my career working in philanthropy, joining the Minneapolis Foundation in 2005, eventually serving as a Philanthropic Advisor advising families and institutions on complex charitable gifts. After 10 years in the philanthropic sector, I left in 2016 to start a new career as a financial advisor. Read more Nick Scheibel
Tonia Brinston
Tonia Brinston Joined the Board of Directors in 2020 Tonia is a retired Chef who began her career with Lutheran Social Service in 2016 as a Financial Educator. She transitioned her financial coaching and education experience to support the 2018 Black Women’s Wealth Academy. As part of a Financial Education team, she led over 300 Read more Tonia Brinston
Cindra Vang
Cindra Vang Joined the Board of Directors in 2020 I live in Roseville with my husband of 17 years and six children, three sons and three daughters. I enjoy spending time with my family, BBQ, fishing, camping, board games, and volunteering at church. With extensive 15 years of experience in regulatory compliance and managing risk for Read more Cindra Vang
COVID-19 Scams to Avoid
IMPORTANT PROGRAM UPDATE FOR CURRENT PARTICIPANTS Before we dive into COVID-19 scams, here is an update for program participants. In light of the continued COVID-19 pandemic, we are again offering you the option to defer your May payments. Contact Anna, our program coordinator, by May 11, 2020, to defer your May payment, if needed and Read more COVID-19 Scams to Avoid
April 2020 Update
Home “A-Loan,” But Together In Spirit As news is perennially breaking and circumstances are ever-evolving, whatever happened this morning already feels like a lifetime ago. Yet amidst all the turmoil, our team at Exodus Lending continues to serve Minnesotans in financial distress due to predatory loans while we work home “a-loan.” Here’s what we’re doing Read more April 2020 Update
Efforts in Clay County to Fight Payday Loans
In Clay County, Moorhead City Councilwoman Heidi Durand says it’s certainly time to STOP allowing payday loans with triple-digit interest rates. She asked the city’s Human Rights Commission Wednesday, Feb. 19, to support state legislation that would severely reduce interest rates or to back a possible city plan to limit rates. Durand said the “working Read more Efforts in Clay County to Fight Payday Loans
COVID-19 Update and Resources
IMPORTANT PROGRAM UPDATE FOR CURRENT PARTICIPANTS Before we dive into helpful resources, here is an important message for our current program participants. In light of the recent COVID-19 pandemic, we recognize that many Minnesotans may be facing financial uncertainty. For this reason, we are offering you the option to defer your April and May payments. Read more COVID-19 Update and Resources
Kit Fordham
Kit Fordham Joined the Board of Directors in 2020 Kit serves as the Executive Director of Mni Sota Fund (formerly known as Bii Gii Wiin Community Development Loan Fund) – a certified Native CDFI headquartered in the American Indian Cultural Corridor on Franklin Avenue. Having previously worked in the cooperative development world, Kit is passionate Read more Kit Fordham
Gene Hummel
Gene Hummel Joined the Board of Directors in 2020 I am a lawyer in Minneapolis. I grew up in Iowa and moved to Washington, D.C. after college. I came to Minnesota in 2016, after graduating law school, where I clerked on the Minnesota Court of Appeals and then joined a local private law firm. I Read more Gene Hummel