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Wells Fargo invests $500K in MMCDC

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Wells Fargo has made a $500,000 equity-equivalent investment in Midwest Minnesota Community Development Corporation, a Detroit Lakes-based nonprofit that provides capital for home and commercial loans and community development services to rural residents, businesses and communities.

MMCDC specializes in developing outreach programs to serve low-income individuals and businesses operating in underserved or distressed communities.

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