Ed Sivak

Ed Sivak is the Executive Vice President of Policy and Communications for Hope Enterprise Corporation/Hope Credit Union (HOPE). As a member of HOPE’s executive team, Sivak leads the teams that drive the organization’s policy and advocacy agenda; and its communications with members, community partners, investors, media and other stakeholders. Since joining HOPE in 2001, the credit union has grown from a financial institution of $1 million in assets serving 1,200 people a year to one of the largest Black and women-owned financial institutions in America with $500 million in assets serving 38,000 members.

He is also the co-founder of the Hope Policy Institute. During the pandemic, the Institute’s research was used to successfully advocate for changes to the Small Business Administration Paycheck Protection Program to make it more accessible to borrowers of color and to inform the design of $12 billion in community development programs structured to meet the needs of low-income, rural and diverse communities disproportionately affected by the COVID-19 crisis. As a result of this work, HOPE was recognized as one of Fast Company’s 10 most innovative companies reflecting current events in 2022. Earlier in his career, Sivak managed numerous community development initiatives including a $4.5 million collaborative to support the recovery of over 500 small businesses in post-Katrina New Orleans and a $5 million partnership to expand economic opportunity in the Mississippi Delta. Sivak has testified numerous times before the Mississippi Legislature on issues affecting people living in economic distress and has served as a subject matter expert on financial inclusion before the Federal Reserve Board and the Consumer Financial Protection Bureau.

Sivak currently serves on the executive committee of the board for Inclusiv, the national trade association for Community Development Credit Unions and chairs the Government Affairs Committee. He is also the Board Chair for One Voice, a social justice organization dedicated to lift the voices of marginalized communities in the Deep South. He is a former member of the Federal Reserve Board Consumer Advisory Council where he chaired the Community Affairs and Housing Subcommittee. In November 2017, he was appointed to the Jackson Public School Board and the Better Together Commission as part of a successful effort to prevent a takeover of the school district by the state of Mississippi. He continues to serve on the school board as its President.

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Ed Sivak

Executive Vice President, Chief Policy & Communications Officer