Posts Tagged ‘Bill Bynum’

Bynum picked by Bureau

The Consumer Financial Protection Bureau (CFPB) has named Bill Bynum, CEO of HOPE (Hope Enterprise Corporation/Hope Credit Union) as vice chairman of the federal agency’s inaugural Consumer Advisory Board. Bynum will bring nearly three decades of experience in community development finance to the task of advising the agency in its efforts to help consumer finance […] [...]

CDFIs can be ‘game changers’ here, Hope Enterprise CEO says

The acronyms can be a bit dizzying but the Treasury Department’s Community Development Financial Institution Fund, or CDFI, and its off-shoots are having an increasing impact in Mississippi. The initiatives the CDFI sponsors have opened the door to leveraging tens of millions of dollars for investment in the state’s economically distressed localities. Mississippi had 10 […] [...]

There are options for those with poor credit

Mississippi businesses and consumers who struggle to gain credit can turn to nearly a dozen lenders in the state that have received more than $250 million in low-cost capital from the Treasury Department under the Troubled Asset Relief Program, or TARP. Mississippi’s financial institutions led the nation in total funding from TARP’s Community Development Capital […] [...]

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