Press Releases | Hope Credit Union

New Orleans Mayor, Goldman Sachs and HOPE announce $50 million small business loan fund for businesses across the South

April 24th, 2020

NEW ORLEANS — Mayor LaToya Cantrell announced Friday, April 24 that Goldman Sachs has committed $50 million as part of its 10,000 Small Businesses initiative to loans for small businesses in New Orleans and across the south, in a partnership with Hope Enterprise Corporation, a leading community development financial institution (“CDFI”). Applications are currently being accepted and can be found by visiting the Hope Enterprise Corporation Paycheck Protection Program.

A Message from HOPE CEO Bill Bynum in the Time of COVID-19

March 30th, 2020

As we find ourselves sheltered in our individual corners of this sudden, surreal world of COVID-19, the phrase “we are all in this together,” seems paradoxically appropriate. In the midst of the turmoil, HOPE is doing all we can to respond to the needs of vulnerable families and communities.

HOPE Partners with Delta Design Build to Repair Homes in the MS Delta

March 25th, 2020

HOPE is a partner with Delta Design Build on a program that provides home repair assistance to low-wealth families in Mississippi. The Special Need Assistance Program (SNAP) is a home repair grant through the Federal Home Loan Bank of Dallas (FHLB). The program provides small-dollar grants to low-income homeowners who are elderly and/or disabled, and is available annually through FHLB Member financial institutions.

New A.G. Gaston Boys & Girls Club Facility Opens in Alabama; Project Financed by HOPE

February 19th, 2020

A ribbon-cutting ceremony was held Feb. 19, 2020, for a new facility at the A.G. Gaston Boys & Girls Club in Birmingham, Ala. The project, which was financed by HOPE, expands access to tutoring and mentoring for youth in the Alabama city.

HOPE Partners with City of Baton Rouge, La. for Healthy Food Retail Initiative

December 9th, 2019

City of Baton Rouge, La. Mayor-President Sharon Weston Broome on November 19 announced a major milestone in her effort to bring a healthy food retail store to North Baton Rouge. The initiative not only addresses access to nutritional food for an underserved area, but it also addresses the continued investment and revitalization of the area.

Mississippi Children’s Museum Breaks Ground on Satellite Campus: Mississippi Children’s Museum – Meridian; HOPE A Financing Partner on the Project

October 30th, 2019

Meridian, MS – The Mississippi Children’s Museum (MCM) broke ground on its first satellite campus on Oct. 28, 2019, in Meridian, Mississippi. Construction is underway on the Mississippi Children’s Museum – Meridian (MCM-Meridian) which is located on 22nd Avenue and will include a 25,000 square foot state of the art facility featuring 9,500 square feet of exhibit and an additional 25,000 square foot outdoor exhibit experience designed for Mississippi’s youngest residents as well as their entire circle of influence. HOPE joined leaders from the community, government officials, MCM-Meridian and MCM representatives, and most importantly, local children, as they used their shovels to break ground and share in this momentous occasion.

Mitch Landrieu Launches E Pluribus Unum with the Release of Report on Race and Class in the American South

October 28th, 2019

The Honorable Bill Clinton, Congressman John Lewis and HOPE CEO Bill Bynum Among Members of National Advisory Council NEW ORLEANS, LA – Today, former New Orleans Mayor Mitch Landrieu officially launched the E Pluribus Unum initiative with the release of its first report, Divided by Design: Findings from the American South. The findings on how residents of the American South experience issues of race and class in their communities follows nearly a year-long qualitative and quantitative research phase in which the E Pluribus Unum team travelled to 28 communities across 13 states.

HOPE Announces Promotion of Ralph Brown to Vice President of Small Business Lending

October 23rd, 2019

JACKSON, MS – Ralph Brown has been promoted to Vice President of Small Business Lending for Hope Enterprise Corporation/Hope Credit Union (HOPE), after serving as a commercial credit analyst for the Commercial Lending division. In his new role, Brown will oversee small business loan production and portfolio performance that includes underwriting, approval, closing, and servicing as HOPE expands financial access to entrepreneurs across its Deep South footprint that includes Alabama, Arkansas, Louisiana, Mississippi and Tennessee.

HOPE Welcomes Diane Standaert as SVP of Policy and Advocacy

October 17th, 2019

JACKSON, MS – Diane Standaert has joined Hope Enterprise Corporation/Hope Credit Union (HOPE) as the Senior Vice President of Policy and Advocacy.

JPMorgan Chase & Co. commits $3 million to Memphis CDFI Network that includes HOPE

October 16th, 2019

Four organizations from the Memphis Community Development Financial Institution (CDFI) Network – United Housing, River City Capital Investment, Communities Unlimited and Hope Credit Union – were awarded $3 million through JPMorgan Chase’s sixth annual national competition, Partnership for Raising Opportunity in Neighborhoods (PRO Neighborhoods). With this investment, the Memphis CDFI Network will launch its place-based strategy of working alongside residents in Memphis’ Frayser and Whitehaven neighborhoods, with hopes of moving to other Memphis 3.0, a 20-year comprehensive plan guiding the city of Memphis, communities in the near future.