Press Releases
November 20th, 2013
Nashville, AR – HOPE (Hope Enterprise Corporation and Hope Credit Union) has committed $8,000,000 in New Markets Tax Credit allocation to Husqvarna Group’s Nashville manufacturing facility for new plating and honing equipment for their hand-held lawn tool engine assembly. The funding will be used to purchase new machinery, which will bring the plating and honing process in-house and will be more efficient and environmentally friendly than commonly-used methods. The new plating and honing line will create 22 new jobs at the 1,200 employee facility. Husqvarna Group operations in Nashville support more than 800 additional jobs in Southwest Arkansas.
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November 20th, 2013
Program Funding Supports Job Creation, Economic Development Nashville, AR – HOPE (Hope Enterprise Corporation/Hope Credit Union) has committed $8,000,000 in New Markets Tax Credit allocation to Husqvarna Group’s Nashville manufacturing facility for new plating and honing equipment for their hand-held lawn tool engine assembly. The funding will be used to purchase new machinery, which will bring the plating and honing process in-house and will be more efficient and environmentally friendly than commonly-used methods. The new plating and honing line will create 22 new jobs at the 1,200 employee facility. Husqvarna Group operations in Nashville support more than 800 additional jobs in Southwest Arkansas.
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October 21st, 2013
Washington, D.C. — The Aspen Institute and Institute Trustee Anne Welsh McNulty today announced William Bynum and Hope Credit Union (HOPE) as the winners of the sixth annual John P. McNulty Prize — a $100,000 prize that recognizes the spirit of innovation and excellence of private sector leaders who use entrepreneurship to address important global social issues. Burdened with the highest poverty rates in the nation, individuals, businesses and communities in the U.S. Mid South have long suffered from a lack of access to traditional financial services. Bynum, an advisor to Presidents Clinton, Bush and Obama on community development issues and Henry Crown Fellow of the Aspen Institute, founded HOPE to provide financial services that support jobs, housing, access to health care and other critical needs in the region’s most distressed communities.
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October 21st, 2013
Hope Credit Union Honored for Rebuilding Low-Income Communities One Financial Investment at a Time William Bynum and Hope Credit Union Win 2013 McNulty Prize Bill Bynum welcomes students participating in the Mississippi College Savings account to one of HOPE’s branches. The camera is from HOPE’s appearance on the PBS show Need to Know. Washington, D.C., October 22, 2013 — The Aspen Institute and Institute Trustee Anne Welsh McNulty today announced William Bynum and Hope Credit Union (HOPE) as the winners of the sixth annual John P. McNulty Prize — a $100,000 prize that recognizes the spirit of innovation and excellence of private sector leaders who use entrepreneurship to address important global social issues. Burdened with the highest poverty rates in the nation, individuals, businesses and communities in the U.S. Mid South have long suffered from a lack of access to traditional financial services. Bynum, an advisor to Presidents Clinton, Bush and Obama on community development issues and Henry Crown Fellow of the Aspen Institute, founded HOPE to provide financial services that support jobs, housing, access to health care and other critical needs in the region’s most distressed communities.
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October 3rd, 2013
Byram, Mississippi – Representatives from Hope Credit Union and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded Home Again, Inc., $20,000 in Partnership Grant Program (PGP) funds. The PGP award will assist Home Again with costs associated with a program it has to rehab properties, primarily foreclosures, to provide housing for low- and moderate-income families. The PGP check presentation took place at one of the recently renovated properties in Byram, Mississippi.
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October 3rd, 2013
Hope Credit Union, FHLB of Dallas Support Home Rehab Efforts Hope Credit Union and FHLB of Dallas present a $20,000 grant to Home Again. Front Row: HOPE SVP of Mortgage Shirley Bowen, FHLB VP and Affordable Housing Program Manager Bruce Hatton, HOPE SVP of Housing and Economic Development Phil Eide, HOPE Mortgage Originator Dilinda Brown, HOPE Assistant Controller Felicia Goon; Back Row: HOPE SVP and Controller Mike Wilbanks, Byram Mayor Richard White, HOPE CFO Richard Campbell, and Senator David Blount. Byram, Mississippi – Representatives from Hope Credit Union and the Federal Home Loan Bank of Dallas (FHLB Dallas) have awarded Home Again, Inc., $20,000 in Partnership Grant Program (PGP) funds. The PGP award will assist Home Again with costs associated with a program it has to rehab properties, primarily foreclosures, to provide housing for low- and moderate-income families. The PGP check presentation took place at one of the recently renovated properties in Byram, Mississippi.
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October 2nd, 2013
Free Financial Counseling, Affordable Banking Options Keys to Building Wealth Mid South, USA – Farmers’ and their descendants across the Mid South have big decisions to make as they begin receiving settlement checks from the Pigford II Black Farmers Discrimination lawsuit against the U.S. Department of Agriculture. More than 7,500 claimants in the region will receive awards of $50,000. The settlement proceeds represent a unique opportunity for many of these families and HOPE (Hope Enterprise Corporation/Hope Credit Union) is providing resources that will help them make the most of the funds they receive.
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October 1st, 2013
Free Financial Counseling, Affordable Banking Options Keys to Building Wealth Mid South, USA – Farmers’ and their descendants across the Mid South have big decisions to make as they begin receiving settlement checks from the Pigford II Black Farmers Discrimination lawsuit against the U.S. Department of Agriculture. More than 7,500 claimants in the region will receive awards of $50,000. The settlement proceeds represent a unique opportunity for many of these families and HOPE (Hope Enterprise Corporation/Hope Credit Union) is providing resources that will help them make the most of the funds they receive.
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September 26th, 2013
On October 17, 2013, thousands of credit unions in 100 countries will celebrate International Credit Union (ICU) Day® by joining together and celebrating their cooperative spirit. HOPE wants members to appreciate all the benefits of being a credit union member with special offers all week long.
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September 20th, 2013
New Tools for Consumers Announced On Friday, September 20, the Consumer Finance Protection Bureau (CFPB) concluded its meetings in Mississippi by announcing a new partnership with the City of Jackson. Consumers may now call the city’s “311 Line” with complaints regarding financial products and services. Consumers that dial the number with complaints will be connected directly with the CFPB where questions may be answered or formal complaints may be lodged.
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