Michigan People's Finance Corporation (MPFC)

Identifier: DBB-BUS-00131
Name: Michigan People's Finance Corporation
Name Variations: MPFC
Type: Business
Activity: financial institution
Year Established: 1919
Description: Located at 606 East Vernor Highway, MPFC was chartered in 1923 and offered small loans. This financial institution was closely tied to the Detroit Urban League, which was founded in 1916 to help acclimate Black southern migrants to urban life in Detroit. John C. Dancy, longtime director of the Detroit Urban League,
served as the president and treasurer of the MPFC.
Location: 606 E Vernor Hwy (formerly High St); 1509 St Antoine St
Affiliates: Dancy, John Campbell
Role: Officer

Penn, Ferdinand W.
Role: Manager (business manager)

Toodle, Aaron Conklin
Role: Officer (Treasurer)
Book Pages: This business or an affiliated person appears in the book Freedom Enterprise on page(s): xv, xvii, 65, 71, 92, 93, 122.
Documentation: Freedom Enterprise, xv (Michigan People’s Finance Corporation (MPFC)); 1924 Colored Detroit, 5 (Michigan Peoples Finance Corporation); 1927 Detroit Negro Business League Directory, 6 (Michigan Peoples Finance Corporation)
Title: Michigan People's Finance Corporation (MPFC)

Detroit Black Business