Press Releases
January 19th, 2018
HOPE celebrates with NeighborWorks America (NWA) as the Washington, D.C.-based organization marks its 40th anniversary in 2018. With its network of more than 240 community development organizations across the nation, NeighborWorks has provided financial support and training opportunities to help strengthen thousands of distressed communities across the nation. HOPE is currently NWA’s only affiliate in Mississippi.
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November 2nd, 2017
MONTGOMERY, AL – Hope Federal Credit Union (HOPE), one of the nation’s leading community development financial institutions, has taken a major step to expand its work in the Deep South by merging with Tri-Rivers Federal Credit Union in Montgomery, Alabama. The partnership with Tri-Rivers, established more than a half-century ago as the Montgomery Teachers Credit Union, paves the way for HOPE to begin offering a comprehensive menu of community strengthening financial services to families and communities across Alabama.
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October 10th, 2017
JACKSON, MS – Hope Credit Union (HOPE), Jackson Public Schools and Alignment Jackson on Tuesday, Oct. 10, held a ribbon-cutting ceremony for the Provine High School-Hope Credit Union Branch, the first student-run credit union branch in Jackson, Miss.
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October 5th, 2017
JACKSKON, MS – HOPE Statement in response to the release of the Consumer Financial Protection Bureau Payday Loan Rule: “With today’s payday lending rule, the Consumer Financial Protection Bureau has taken the bold and necessary action to safeguard the earnings of hard working individuals from the abuses of high-cost, small-dollar loans,” said HOPE CEO Bill Bynum. “The rule’s requirement to determine a borrower’s ability to repay will stop the debt trap and save consumers millions of dollars in predatory fees. For people living in the Deep South, the rule represents a major victory for consumers where state protections far too often fall well too short.”
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October 3rd, 2017
When three entrepreneurs launched their minority-owned firms, none received startup capital. The reasons varied, but all cited barriers to access to capital during a recent panel discussion moderated by HOPE CEO Bill Bynum.
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August 29th, 2017
MEMPHIS, TN – Aspire Public Schools Memphis will hold a dedication and ribbon-cutting ceremony for the completed Aspire East Academy expansion project on Thursday, Aug. 24, at 9 a.m. The $6 million project, which was financed by Boston Community Capital, HOPE (Hope Enterprise Corporation and Hope Credit Union) and Nonprofit Finance Fund, provides a permanent campus and will enable the school to grow to serve 450 students.
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August 16th, 2017
WEST POINT, MS – HOPE, West Point Clay County Community Growth Alliance and local officials will hold a ribbon-cutting ceremony for the new Hope Credit Union Branch in West Point, located at 470 Commerce St., on Friday, Aug. 18, at 10 a.m. HOPE will host a community fair at the branch on Saturday, Aug. 19, from 10 a.m. to 2 p.m.
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August 10th, 2017
JACKSON, MS – HOPE CEO Bill Bynum, who for more than 30 years has fought against entrenched poverty and pursued economic equity and justice in the region that birthed the Civil Rights Movement, is the recipient of the 2017 Pete Crear Lifetime Achievement Award presented by the African American Credit Union Coalition.
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August 8th, 2017
NEW ORLEANS, LA —July 27, 2017 – 1631 Elysian Fields in the 8th Ward will be the site of a new health home for the New Orleans community. CrescentCare, a Federally Qualified Health Center, will combine four of its current service sites into a comprehensive campus, set to open its doors in 2019. CrescentCare grew out of the NO/AIDS Task Force, one of the oldest AIDS Services Organization in the nation and a long-standing community organization.
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July 28th, 2017
Washington, D.C. – Despite an unemployment rate that has ticked downward and an overall improved economy, large numbers of Mississippi families continue to struggle in low-wage jobs that don’t allow them to save for a more prosperous future, according to a new report from Prosperity Now (formerly the Corporation for Enterprise Development).
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