Press Releases
February 29th, 2024
Announcement of new brand and deepened partnership with Hope Credit Union underscores commitment to increasing economic opportunity among HBCUs and their stakeholders. TUSCALOOSA, AL — On February 29, the Gulf Coast Athletic Conference (GCAC) announced that it will officially become the “HBCU Athletic Conference,” honoring the unique legacy and importance of Historically Black Colleges and Universities (HBCUs). Beginning July 1, 2024, the conference will also add HBCUs Stillman College, Voorhees University and Wilberforce Universities to its roster of schools.
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December 7th, 2023
JACKSON, MS – Today, the U.S. Treasury released updates to the Community Development Financial Institution (CDFI) Fund Certification Process. Upon release of the new standards, HOPE CEO, Bill Bynum released the following statement: “The updated CDFI Certification standards strike an important balance by prioritizing true mission lenders, while allowing for the flexibility required to meet the unique challenges that face people in under resourced communities. As the new process is implemented, Treasury officials must emphasize accountability by ensuring that CDFI resources benefit those who have historically, and disproportionately lacked access to affordable, responsible financial services.”
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October 27th, 2023
HOPE Joins Goldman Sachs as Lead Partner to Expand Investment in Rural Communities Initiative Little Rock, Ark., Oct. 27, 2023 – Goldman Sachs 10,000 Small Businesses today announced it has expanded its $100 million Investment in Rural Communities initiative to Arkansas and is making a $20 million commitment to community development financial institution (CFDI) Hope Enterprise Corporation to foster job creation and help catalyze economic growth across the region.
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September 29th, 2023
JACKSON, MS – William J. (Bill) Bynum, Chief Executive Officer of HOPE (Hope Credit Union, Hope Enterprise Corporation and Hope Policy Institute) has been inducted into the American Academy of Arts and Sciences. The organization honors individuals demonstrating excellence and innovation in the arts, democracy, industry, education, global affairs, and science. Selected for his business leadership, Bynum joins a 2023 class of members that includes businesswoman Sheila Crump Johnson, director and producer Lin-Manuel Miranda, and biochemist and geneticist Emmanuelle Charpentier.
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January 26th, 2023
THE CITY OF GREENVILLE & HOPE FEDERAL CREDIT UNION. (Jan. 18, 2023)- Mayor Errick D. Simmons today announced another key milestone in the transformation of the Greenville Mid-Delta Airport with the $11.673 million Hangar Improvement Project. Last year, the City of Greenville entered a partnership with Greenville Kearns Aerospace Maintenance, Inc., to develop aircraft maintenance, repair, and overhaul facilities and provide related services. Included in the Project scope is the improvement, construction, and/or installation of Hangar 450 to support future maintenance, repair, and overhaul operations at the Greenville Mid-Delta Airport to create jobs and workforce development opportunities for the Delta region.
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October 4th, 2022
HOPE CEO Bill Bynum appointed to formal committee advising Secretary, Deputy Secretary WASHINGTON – In conjunction with today’s annual Freedman’s Bank Forum, U.S. Secretary of the Treasury, Janet L. Yellen, announced the inaugural members of the Treasury Advisory Committee on Racial Equity. The first-of-its-kind committee will provide advice and recommendations to Secretary Yellen and Deputy Secretary Wally Adeyemo on efforts to advance racial equity in the economy and address acute disparities for communities of color.
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September 28th, 2022
Jackson based Hope Credit Union to Manage Program JACKSON, MS – Today, the Hinds County Board of Supervisors, in partnership with Hope Credit Union, announced the launch of the Hinds County Small Business COVID-19 Recovery and Resiliency Program. The program will increase access to small business financing and technical assistance designed to mitigate financial hardship resulting from the pandemic in Hinds County. Hope Credit Union (HOPE) will manage the program which will begin on October 1, 2022. “Over the last few years, small businesses, particularly those owned by people of color and women have been disproportionately affected by the effects of COVID-19” said HOPE CEO Bill Bynum. “We look forward to our partnership with Hinds County to reinvest in locally owned small businesses – an innovative approach to pandemic recovery that will serve as a model for the rest of the country.”
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September 15th, 2022
The 5,200-seat venue in Jackson, Mississippi, will hold the conference championship for the next three years beginning in 2023 JACKSON, Miss. – Today, Gulf Coast Athletic Conference (GCAC) Commissioner Dr. Kiki Baker Barnes announced that baseball is returning to the league as a sponsored sport, and along with that news was revealing that the Hank Aaron Sports Academy (HASA) will serve as the host site for the 2023 GCAC Baseball Championship Presented by Hope Credit Union (HOPE).
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September 15th, 2022
Groundbreaking investment to support 150,000 homebuyers, businesses and families JACKSON, Miss — Today, Hope Credit Union (HOPE), the nation’s leading Black- and women-owned community development financial institution, announced plans to provide $1 billion financing to improve lives and close the racial and gender opportunity gaps in Alabama, Arkansas, Louisiana, Mississippi and Tennessee. HOPE projects that the investment will benefit more than 150,000 people over the next 10 years.
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September 13th, 2022
New Appointments Will Help HOPE Provide Premier Banking Services to Deep South Jackson, MS – Today, HOPE announced major leadership announcements, appointing Kiyadh Burt to Vice President of Policy & Advocacy & Interim Director; Cheryol Cowan to HOPE’s Vice President of Retail Banking Administrator; Charity Hallman to Senior Vice President of Community & Economic Development; Alex Lawson to Senior Vice President for Strategic Initiatives; and Danielle J. Ware to Senior Vice President, Commercial Credit Officer.
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