HOPE a Financing Partner for the very first Fresh Food Retailer to start in Grambling, La., in 35 Years

HOPE a Financing Partner for the very first Fresh Food Retailer to start in Grambling, La., in 35 Years

Grambling, Los Angeles – Hope Enterprise Corporation/Hope Credit Union (HOPE) recently joined up with Grambling, La., officials and developers when it comes to grand opening of Legends marketplace, the initial food that is fresh to open within the city in 35 years. HOPE had been a funding partner in the task this is certainly element of a more substantial retail mall manufactured by Baton Rouge, La.-based Kimble developing. Industry, which had a grand opening on Saturday, July 14, additionally includes a pharmacy, bakery and deli.

HOPE Wins Wall Street Journal Financial Inclusion Challenge!

JACKSON, MS – HOPE (Hope Enterprise Corporation/Hope Credit Union) may be the champion associated with the 2018 Wall Street Journal Financial Inclusion Challenge, a competition this is certainly section of an effort to emphasize the battles that an incredible number of Americans face in attaining security that is financial. HOPE received the honor “for its efforts to supply banking solutions in underserved elements of the American South,” in line with the Wall Street Journal. HOPE ended up being certainly one of three finalists from significantly more than 120 entries into the very first U.S. iteration associated with Journal’s Financial Inclusion Challenge.

Groundbreaking Held in Mississippi for Camp Kamassa, a venture Financed by HOPE’s Community Facilities Re-Lending Program

Work is underway for a brand new camp in Mississippi for unique requirements kids, and also the task received its funding through HOPE’s Community Facilities Relending Program. U.S. Rep. Bennie Thompson and Mississippi First Lady Deborah Bryant had been among the list of speakers during the ground-breaking that is recent Camp Kamassa in Crystal Springs, skip. The camp is really a project associated with the Mississippi’s Toughest youngsters Foundation, founded in 2008 by Mary Kitchens.

New Hope Credit Union Branch open at Crosstown now Concourse in Memphis, TN

JACKSON, MS – Hope Credit Union (HOPE), joined by community lovers, credit union people along with other supporters, held a ribbon-cutting ceremony on Thursday, June 14, for the brand new branch at Crosstown Concourse in Memphis, Tenn. The branch that is new the 5th location in better Memphis for HOPE, champion associated with 2018 Wall Street Journal Financial Inclusion Challenge. The branch that is new desire to expand its power to offer usage of critical monetary tools in underserved communities.

HOPE Named Finalist into the Wall Street Journal Financial Inclusion Challenge

April 9th, 2018

JACKSON, MS – HOPE (Hope Enterprise Corporation/Hope Credit Union) is called a finalist within the Wall Street Journal Financial Inclusion Challenge because of its strive to create possibility to towns that are small the Mississippi Delta. HOPE is regarded as three finalists from significantly more than 120 entries into the very first U.S. iteration of this Journal’s Financial Inclusion Challenge. A success will be chosen in new york may 9.

Starting Mobility Pathways by Closing the Financial Solutions Gap

The usa Partnership on Mobility from Poverty, funded by the Bill & Melinda Gates Foundation and staffed by the Urban Institute, has published Opening Mobility Pathways by shutting the Financial solutions Gap, a paper co-authored by HOPE. In the last couple of years, the Partnership traveled around the world, including a trip to your Mississippi Delta and also to East Palo Alto to better understand what it might decide to try significantly increase flexibility from poverty.

Despite Nationwide Economic Development, Mississippi Families Struggling getting By

Washington, D.C. – Despite lower unemployment, a booming currency markets and a modest decrease within the poverty price, there is certainly growing evidence that good financial gains during the nationwide degree aren’t widely provided by low- and moderate-income families in Mississippi, based on a fresh report from Prosperity Now (formerly CFED). Policymakers aren’t legit title loans in Tennessee doing sufficient to deal with this imbalance, and future success for Mississippi families are at risk.

US Partnership on Mobility from Poverty places Forward an innovative new Framework for Upward Mobility

WASHINGTON, DC— A diverse, nonpartisan assortment of a few of the nation’s leading scholars, policy professionals, and professionals focusing on methods to poverty in the usa is promoting a framework of techniques to alter the trajectory for many people in the us. a paper that is new Restoring the American Dream: What wouldn’t it try considerably Increase Mobility from Poverty?, places ahead this framework.

HOPE Celebrates NeighborWorks America’s 40th Anniversary

HOPE celebrates with NeighborWorks America (NWA) once the Washington, D.C.-based company marks its 40th anniversary in 2018. Having its community in excess of 240 community development companies throughout the country, NeighborWorks has supplied support that is financial training possibilities to assist strengthen tens of thousands of troubled communities throughout the country. HOPE happens to be NWA’s just affiliate in Mississippi.

Merger with Tri-Rivers Credit Union Brings Desire To Alabama

MONTGOMERY, AL – Hope Federal Credit Union (HOPE), certainly one of the nation’s leading community development banking institutions, has had an important action to grow its work with the Deep South by merging with Tri-Rivers Federal Credit Union in Montgomery, Alabama. The partnership with Tri-Rivers, established significantly more than a half-century ago due to the fact Montgomery Teachers Credit Union, paves the way in which for desire to start offering a menu that is comprehensive of strengthening economic services to families and communities across Alabama.

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