Headquarters Expansion Positions HOPE for Greater Impact Across the Deep South

JACKSON, MS –  On Wednesday, September 25, Hope Enterprise Corporation / Hope Credit Union (HOPE) was joined by local officials, community partners, credit union members and other supporters to cut the ribbon on a new facility at its Jackson headquarters, and to celebrate its history of investment in Mississippi’s capital city.

The new building enables HOPE to better support the growth experienced by the organization during the past decade.  Since the 2008 financial crisis, HOPE has expanded from eight to 32 locations, with 240 employees in five states across the Deep South.

In addition to being a major employer in Jackson, HOPE has substantially increased financial inclusion for its 12,000 Jackson members and their families, many of whom were previously underbanked or subjected to predatory payday lenders. In addition, HOPE has invested over $100 million to meet the financial needs of Jackson’s small business, homebuyers, and low-income consumers.

“For 25 years, the City of Jackson helped nurture HOPE from an idea into a mature, high-performing organization,” said HOPE CEO Bill Bynum.  “Our home city has played a central role in America’s ongoing struggle for social and economic justice, and we are proud to contribute to this important legacy.”

About HOPE 

HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides affordable financial services; leverages private, public and philanthropic resources; and engages in policy analysis to fulfill its mission of strengthening communities, building assets, and improving lives in economically distressed parts of Alabama, Arkansas, Louisiana, Mississippi and Tennessee.   Since 1994, HOPE has generated billions of dollars in financing that has benefitted more than one million individuals living in one of the nation’s most impoverished regions.