Better Banking. Better Lives.

Press Releases


Hope Credit Union Expands into Southwest Little Rock

June 2nd, 2016   

LITTLE ROCK, AR – Hope Enterprise Corporation and Hope Credit Union (HOPE) celebrated the grand opening of its newest location at 8411 Interstate 30 in Southwest Little Rock on Thursday, June 2. The new full service location expands on HOPE’s existing presence, a program office housing a commercial lender since 2006 and a branch in College Station since 2008, and offers area residents access to checking and savings accounts, auto loans and credit cards, mortgages and small business loans. Anyone who supports the mission of HOPE, to improve the quality of life for low-income and low-wealth individuals in the Mid South, may join the credit union to take advantage of the benefits of membership. “We are excited to open our newest branch in Southwest Little Rock, a diverse and growing community filled with opportunity,” said HOPE CEO Bill Bynum. “We are grateful to our long time partners the Winthrop Rockefeller Foundation, NeighborWorks® America and Regions Bank for their ongoing generosity and support to make this day possible.” Since 2008, HOPE has expanded from 7 to 27 locations – many of which are located in communities where few affordable banking options exist. HOPE serves 30,000 members, one out of three of whom were unbanked when they joined. Through July 31, 2016, HOPE will feature special offers to help make it more affordable for people to become members. The credit union will waive the monthly fee on all checking accounts for six months and the application fee on personal loans. HOPE offers checking and savings accounts, consumer and mortgage loans and commercial lending services. The Little Rock branch is open Monday – Thursday 9am – 4pm and Friday 9am – 6pm. For more information about HOPE or a complete list of services and locations, visit www.hopecu.org. About HOPE HOPE (Hope Enterprise Corporation and Hope Credit Union) is a community development financial institution, community development intermediary and policy center that provides affordable financial services; leverages private, public and philanthropic resources; and engages in policy analysis in order to fulfill its mission of strengthening communities, building assets, and improving lives in economically distressed parts of the Mid South.

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HOPE CEO Bill Bynum elected to Aspen Institute Board of Directors

April 28th, 2016   

On Monday, April 25, 2016, the Aspen Institute announced the election of seven new trustees, including HOPE CEO, Bill Bynum. A recipient of the John P. McNulty Prize awarded to a Fellow of the Aspen Global Leadership Network, Bynum brings more than three decades of community development experience to the board.

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HOPE CEO Joins US Partnership on Mobility from Poverty

February 11th, 2016   

Joins 24 leading experts nationwide Jackson, MS – HOPE CEO, Bill Bynum, was recently invited to join the US Partnership on Mobility from Poverty, new collaborative aimed at discovering permanent ladders of mobility for the poor. Bynum is one of 24 experts, advocates and academics from across the country selected for this initiative funded by the Bill & Melinda Gates Foundation and staffed by the Urban Institute.

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Hope Credit Union to Expand Presence in the Mississippi Delta

December 1st, 2015   

New locations opening soon in Drew and Shaw Hope Credit Union (HOPE) announced plans to open two full-service branches in Drew and Shaw, Mississippi. The new locations round out a five-site cluster of HOPE branches in the heart of the Mississippi Delta – one of the nation’s most unbanked regions.

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Bill Bynum Recognized for Bringing Financial Services to Underserved People and Places with 2016 Herb Wegner Memorial Award

October 23rd, 2015   

Foundation Recognizing Bynum with Award for Outstanding Individual Achievement Madison, Wis. – In recognition of his efforts to provide vital financial services to underprivileged and underserved populations, his advocacy for the credit union movement and his unwavering commitment to the credit union principle of people helping people, the National Credit Union Foundation (the Foundation) is pleased to announce William J. Bynum, Chief Executive Officer of Hope Credit Union, as the recipient of a 2016 Herb Wegner Memorial Award for Outstanding Individual Achievement.

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HOPE Celebrates Grand Opening of Field Health System

September 22nd, 2015   

HOPE celebrated the grand opening of Field Health System in Centreville, Mississippi on Tuesday, September 22 with a ribbon cutting and open house. HOPE provided $6 million in New Markets Tax Credit investment and $2.5 million in conventional financing to the $21 million new state of the art facility. Field Health System is a critical access hospital serving a medically underserved, rural community in Southwest Mississippi. In a community where four out of ten people live in poverty, Field Health Systems provides vital preventive, emergency, surgical, rehab, and clinical health services to over 13,000 patients each year. It is the only hospital for 35 to 50 miles in any direction.

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HOPE Cuts Ribbon on New Orleans Charter School

August 18th, 2015   

HOPE Mortgage Originator Glynniece Smith, a graduate of NOLA’s McDonogh 42, holds a painting the school’s student presented to HOPE. Note that the owl, the school’s mascot, is carrying an olive branch just like the HOPE dove! New Orleans, LA (August 19, 2015) – Hope Enterprise Corporation (HOPE) celebrated the re-opening of McDonogh 42, a charter school located in New Orleans’ 7th Ward following significant damage incurred from Hurricane Katrina. Through the New Markets Tax Credit Program, HOPE provided $6 million in financing for the school’s $23 million rehabilitation.

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Hope Credit Union to Expand Presence in the Mississippi Delta

June 25th, 2015   

New Locations Opening Soon in Itta Bena and Moorhead GREENWOOD, MS (June 25, 2015) – Hope Federal Credit Union (HOPE) announced plans to open two new Mississippi Delta locations in the fall of 2015. The full service branches, in Itta Bena and Moorhead, will offer a full range of development finance services, including checking and savings accounts, and personal, home and business loans. The facilities were donated by Regions Bank to the credit union’s sponsor, Hope Enterprise Corporation.

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2015 #imsavingfor Contest: Share Your Savings Goal and Win

February 20th, 2015   

To celebrate the upcoming America Saves Week, America Saves is launching the #imsavingfor contest. It’s easy to enter. Just share a picture of you and what you are saving for and then enter to win $500 at AmericaSavesWeek.org/imsavingfor.

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America Saves Week 2015: Take Your Financial Future into Your Own Hands

February 13th, 2015   

America Saves Week, February 23 – 28, 2015, is the perfect time to review your finances, set your savings goals for the year, and set up a system that will allow you to save automatically. That’s why the America Saves Week theme is – Set a Goal. Make a Plan. Save Automatically.

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