HOPE (Hope Enterprise Corporation/Hope Credit Union) and the Mississippi College Savings Account program will be featured on tonight’s (April 19)episode of Need to Know, a nationally broadcast Public Broadcasting System news magazine.
MPTV airs the show at 7:30.
In recognition of financial literacy month, the show highlights how the program helps families overcome the challenges of paying for advanced education, and how HOPE is creating solutions for low-wealth individuals and economically distressed communities.
As part of the story, Lasonia Christon, whose child is part of the MS CSA program, describes how the program is helping her create a brighter future for her children with the savings program. In addition to building a college fund for her twins, Christon has also made important financial decisions for herself. She had been unbanked prior to participating in the program, but is now a HOPE member with both a checking and savings account.
In another segment, anchor Ray Suarez interviews Richard Cordray, the head of the Consumer Financial Protection Bureau (CFPB). Hope CEO & President Bill Bynum serves as vice chair of the CFPB Consumer Advisory Board, bringing his nearly three decades of experience in community development finance to assist the agency in its efforts to help consumer finance markets work by making rules more effective.