Hope Federal Credit Union is not your ordinary credit union.
Started in 1995 as a small church project with big dreams, HOPE is a community development credit union that helps low- and moderate-income people build a solid financial foundation for a better future.
Since 1994, HOPE and its sponsor, Hope Enterprise Corporation, have generated more than $2 billion in financing and brought economic opportunities to more than 650,000 people in economically distressed areas across the Mid South.
To strengthen communities, build assets and improve lives in economically distressed areas of the Mid South by providing access to high quality financial products and related services.
To be a community development financial institution that: provides a substantial number of low-wealth people and communities with the financial tools and resources needed to achieve a better quality of life; that influences policies and resources that impact our constituents and our interests; and that is financially self-sufficient.
Three core values undergird HOPE’s work. We adhere to these values without regard to circumstantial or environmental changes. They define our corporate identity. Our dedication to these values must be evident in our products, services and operations:
Over the last nine months, HOPE has closed over $11 million in mortgages – largely to low-income, minority and first time homebuyers.