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Press Releases


Gulf Coast Athletic Conference Welcomes Hope Credit Union as Official League Sponsor 

September 7th, 2022   

Credit Union selected as the “Official Financial Institution of the GCAC NEW ORLEANS – Today, Gulf Coast Athletic Conference (GCAC) Commissioner Dr. Kiki Baker Barnes announced Hope Credit Union (HOPE) has signed on to become an official sponsor of the league. 

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William J. (Bill) Bynum Named Recipient of 2022 John W. Gardner Leadership Award

August 30th, 2022   

(WASHINGTON, August 30, 2022) – William J. (Bill) Bynum has been named the 2022 recipient of Independent Sector’s John W. Gardner Leadership Award. Bynum will receive the prestigious award in recognition of his extraordinary leadership as President and CEO of the HOPE family of organizations, which strengthens communities, build assets, and improve lives in economically distressed areas of the Deep South by providing access to high-quality financial products and services.

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Vice President Harris Announces Economic Opportunity Coalition to Advance Financial Inclusion

July 28th, 2022   

HOPE Serves as Key Advisor to Historic Partnership Formed to Close the Racial Wealth Gap JACKSON, MS – Today, Vice President Kamala Harris will announce the formation of the Economic Opportunity Coalition (EOC) – a historic effort to catalyze public and private investments designed to close the racial wealth gap and accelerate economic opportunity in underserved communities. During the announcement, the newly formed Coalition, made up of 20 corporations and three foundations, pledged to align major investments in underserved communities with investments made by the Biden-Harris Administration. Building on prior investments to advance racial equity made by Coalition members, the group emphasized that more must be done to eliminate racial disparities in household income and assets.

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Hope Credit Union Continues to Build Up Communities Across Deep South with Major Project Announcements

May 27th, 2022   

Hope Announces Deal Closings with Canseco Properties, Brookville Gardens Group LP, Valley Oaks, Ltd., and L&H Enterprises to Expand Properties in Deep South NEW ORLEANS, LA (May 19, 2022) — Hope Credit Union is partnering with Canseco Properties in an expansion deal that will sustain affordable grocery stores with healthy food options and bring jobs to underserved communities. With the new store will come 20 new jobs and a variety of food options for shoppers, including a sushi bar, an expanded deli counter, refrigeration for fresh fruits and vegetables, an in-house bakery, and prepared foods. The store will serve over 21,000 residents, three out of four of whom are Black.

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Tippah County Hospital Opens New Facility in Rural Mississippi

May 27th, 2022   

$26.5 million investment will add 50 new jobs and expand access to high-quality health care RIPLEY, MISS. (May 18, 2022) — On Sunday, Tippah County Hospital leaders cut the ribbon on a new 56,000 square-foot facility. The $26.5 million project will add 25 new hospital beds, a new emergency room, and surgery and outpatient clinic services to support the residents of Tippah County and surrounding areas. The new facility replaces an aging one and significantly expands access to high-quality health care in North Mississippi.

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DaVita, HOPE Advance Relationship to Close Racial Wealth Gap

March 15th, 2022   

Kidney Care Company makes $15 Million Transformational Deposit in Hope Credit Union JACKSON – Today, HOPE (Hope Credit Union) announced DaVita has made a $15 millionTransformational Deposit (TD) into the organization – the largest ever made by a singlecorporation.

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HOPE Named to Fast Company’s 2022 List of Most Innovative Companies

March 8th, 2022   

JACKSON – Today, HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) was named one of Fast Company’s 10 most innovative companies reflecting current events. The recognition honors companies for innovative work on the most pressing issues of the day including COVID-19 response, the climate crisis, mental health and economic inequality. HOPE’s successful efforts to raise Transformational Deposits in partnership with the nation’s most prominent companies and mission aligned individuals to expand lending in capital starved communities for entrepreneurs and homeowners of color was highlighted in the award announcement.

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Funders Help Erase More than $35 Million of Debt for Vulnerable Arkansans

January 28th, 2022   

Unveils Policy Recommendations to Alleviate Burden of Medical Debt, Court Costs LITTLE ROCK, Ark. (Jan. 27, 2022) – A group of philanthropic organizations and donors joined together to erase more than $35 million of medical debt for Arkansas residents. The announcement, made during a town hall hosted by Arkansas Asset Funders Network (AR AFN), Arkansas Community Institute (ACI), and Hope Policy Institute (HPI), aims to reduce the burden of medical and court costs on Asset Limited, Income Constrained, Employed individuals and people of color.

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Wells Fargo Expands Resources for Hope Enterprise Corporation with Investments Totaling $8.5 Million

December 16th, 2021   

A $3.5 million Open for Business Fund grant will help small businesses recover; a $5 million patient capital loan will provide financial services to underserved communities JACKSON, MISS. – Dec. 14, 2021 – As communities face ongoing challenges amid the COVID-19 pandemic, Wells Fargo announced $8.5 million in funding to support small businesses and advance economic recovery in the Delta and across the South. The company is providing flexible capital to Hope Enterprise Corporation (HOPE), a 501(c)(3) and a certified Community Development Financial Institution, through an Open for Business Fund grant, and a patient capital loan to help people in rural and economically distressed areas access flexible, low-cost loans and financial services.

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VP Harris and Secretary Yellen Announce Historic Community Development Investment Hope Credit Union to Receive $88 Million Investment, Largest in Credit Union’s History

December 14th, 2021   

Groundbreaking investment will forever change scale and reach of credit union into underserved communities WASHINGTON, D.C. — Today, Vice President Kamala Harris and U.S. Treasury Secretary Janet Yellen announced historic levels of new funding for community financial institutions to significantly increase lending to businesses owned by people of color and low-income communities through the Emergency Capital Investment Program (ECIP). ECIP makes long-term, very low cost capital available to reinvest in communities facing high levels of economic distress. Through the program, Hope Credit Union, a Black and women-owned financial institution headquartered in the Deep South, was awarded $88 million – the largest community development investment in the organization’s 27-year history. The investment will forever change the scale and reach of Hope Credit Union into underserved communities. In response to the announcement, HOPE CEO, Bill Bynum, released the following statement:

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