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Adrian Dominican Sisters logo with their tagline

March 30, 2023, Adrian, MichiganThe General Council of the Adrian Dominican Sisters, on behalf of the Sisters and Associates, released the following statement affirming the Vatican’s repudiation of the Doctrine of Discovery, which was used to justify the oppression of colonial powers over indigenous peoples.

We Adrian Dominican Sisters wholeheartedly affirm the step taken by the Vatican to repudiate the “Doctrine of Discovery,” a doctrine based on 15th century papal bulls created and used by colonial powers to justify their oppression of indigenous peoples and seizure of lands. It is a step that indigenous people around the globe have long pressed for and that we too joined in support.

The Vatican statement acknowledges that the papal bulls did not “reflect the equal dignity and rights of indigenous peoples” and that it is “only just to recognize these errors, acknowledge the terrible effects of the assimilation policies and the pain experienced by indigenous peoples, and ask for pardon.” 

The statement goes on to say, “Furthermore, Pope Francis has urged: ‘Never again can the Christian community allow itself to be infected by the idea that one culture is superior to others, or that it is legitimate to employ ways of coercing others.’”

We are deeply grateful to Pope Francis for his humble, open-hearted listening to our indigenous sisters and brothers; for honestly naming the Church’s errors; and for clearly calling us forward as human persons, all made in God’s image, never again “to be infected by the idea that one culture is superior to others.”

Members of the Adrian Dominican General Council are: Sisters Elise D. García, OP, Prioress; Janice Brown, OP, and Bibiana “Bless” Colasito, OP, General Councilors; Lorraine Réaume, OP, Vicaress and General Councilor; and Corinne Sanders, OP, General Councilor.
 


Jorge Buzos of Univision, Vicky Garcia of Latino Community Credit Union, Isabella Guzman of the U.S. Small Business Administration, seated on chairs across a stage

Reprinted with the permission of the Latino Community Credit Union

Vicky Garcia, Senior Vice President of Latino Community Credit Union (LCCU) – a community investment of the Adrian Dominican Sisters – participated in a late January 2023, moderated conversation with Vice President Kamala Harris and Isabella Guzman, U.S. Small Business Administrator. The conversation was introduced by Marla Bilonick, President and CEO of the National Association for Latino Community Asset Builders (NALCAB) and moderated by Jorge Buzos of Univision.

Marla framed the conversation perfectly, explaining the important relationship between small, Latino-owned businesses and the community lenders that are “entrenched in the communities they serve … and fill an important gap by providing loans and financial services that traditional banks are sometimes not able or willing to provide.” She concluded by celebrating LCCU as a “superstar in the community lending field.”

Vice President Harris said community lenders like LCCU “understand the capacity of the community. They understand the culture of the community, the mores of the community, what the community wants for itself.” These words beautifully describe LCCU, which has established a national model for financial inclusion and has provided $1.6 billion in loans to Latinos traditionally marginalized from economic opportunity.

“Vice President Harris is a proven champion of community lenders, including credit unions like LCCU,” Vicky said. “By taking the time to come here and meet our members face to face, the Vice President is recognizing their important contribution to the U.S. economy and LCCU’s role as a driver of economic opportunity and growth.”

Vice President Harris met several LCCU members who have used LCCU loans to start and grow their businesses, buy homes, and build generational wealth. Additionally, she and Administrator Guzman visited a local bakery owned by LCCU members.

Vice President Kamala Harris at Bakery owned by LCCU members

Vice President Kamala Harris visits a bakery owned by members of the Latino Community Credit Union. (Photo courtesy of the Latino Community Credit Union)
 

The vice president was also on hand to celebrate the federal government’s investment in community lenders like LCCU. As part of the U.S. Treasury Department $9 billion Emergency Capital Investment Program (ECIP), LCCU received a $99 million, 30-year, low-interest loan from the U.S. Treasury Department.

The federal investment provides LCCU the equity to build its capital base dramatically and quickly expand its impactful, public-private partnership model. LCCU is now positioned to raise significantly more deposits from mission-aligned private sector partners – corporations, foundations, and health systems – and immediately deploy those deposits as life-changing loans to those who need them the most.

Over the 30-year term, LCCU expects to raise $700 million in private sector deposits, which in combination with member deposits, will allow for the union to make one million fair and affordable loans, for a total of $30 billion in financing, to its growing membership of Latinos in the Southeast. 

Vice President Harris concluded by underscoring that LCCU’s “one million loans will have a profound exponential impact on the economic health and wellbeing of the community.”

Watch a video of the event below or on YouTube.

 


 

 

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