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Tag Archives: Hope Credit Union

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 markets work. Bynum is the ...

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Hope Credit Union making Utica stay permanent

Utica residents will soon be banking at a familiar location – the former BancorpSouth building at 106 W. Main St. BancorpSouth left the Hinds County town last August as part of a branch reorganization that involved closing 23 locations. Hope Credit Union (HOPE) stepped in soon after and set up account-opening services in City Hall before later moving to a ...

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HOPE Credit Union set to replace BancorpSouth in Utica, Edwards

In a move to fill the void left by the planned closing of branches by Bancorp South Bank, Hope Credit Union plans to open locations in the Hinds County communities of Utica and Edwards. The closings in Utica and Edwards at the end of August will leave the towns with no banking services. Tupelo-based BancorpSouth pulled out as part of ...

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Report urges action for state’s un-banked

Mississippi households without checking accounts are double the national average, says a Mississippi Economic Policy Center report that urges the financial sector and communities to initiate more financial education among youngsters and adults and create more access to banking services. The report calls for several actions its authors think can transform more Mississippians into consumers of financial services while increasing ...

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Mississippi mismatch: Delinquent mortgages high, foreclosures low

Mississippi has long had the distinction as a state with one of the highest delinquent mortgage rates in the country. January was no exception. The state’s 5.93 percent 30-day delinquent rate topped all over states, including the troubled mortgage market states of Florida, Nevada and California, the Mortgage Bankers Association reported last week. Yet Mississippi ranked 46th in the nation ...

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Enterprise Corp. of Delta adopts ‘HOPE’ as new name

JACKSON — Enterprise Corporation of the Delta has changed its name to Hope Enterprise Corporation to better reflect the business and community development organization’s geographic expansion into distressed areas beyond the Delta. The change also reflects the organization’s sponsorship of Hope Credit Union, one of the country’s largest community development credit unions. Collectively, the organizations will be branded as HOPE. ...

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