Home » Newsmakers » Bill Bynum Recipient of the African-American Credit Union Coalition’s 2017 Pete Crear Lifetime Achievement Award

Bill Bynum Recipient of the African-American Credit Union Coalition’s 2017 Pete Crear Lifetime Achievement Award

HOPE CEO Bill Bynum is the recipient of the 2017 Pete Crear Lifetime Achievement Award presented by the African American Credit Union Coalition.

The award recognizes a credit union professional who has demonstrably embraced the credit union philosophy of “people helping people,” provided assistance to credit unions in need and has impacted the infrastructure, growth, regulation or service delivery capacity of the financial institutions.

Bynum has made a lifelong commitment to changing systems that perpetuate poverty and inequality. This mission is accomplished through Hope Enterprise Corporation, Hope Credit Union and the Hope Policy Institute, collectively known as HOPE. HOPE began in 1994 as the Enterprise Corporation of the Delta with a fund originally designed to provide capital and technical assistance to businesses in the Mississippi Delta region.

Prior to his arrival in Mississippi, Bynum was a founding member of the Center for Community Self-Help in the 1980s, where he directed legislative relations, community outreach and fundraising in the organization’s early years. He was also the principal organizer of Self-Help Credit Union, which would become the nation’s first statewide development bank. Bynum later founded the North Carolina Microenterprise Loan Fund, a statewide network for providing financing and technical assistance to entrepreneurs who lacked access to capital and grew it into the largest micro enterprise loan fund in the U.S.

Bynum is a member of the US Partnership for Mobility from Poverty, funded by the Bill & Melinda Gates Foundation, and serves on the boards of the Aspen Institute, Corporation for Enterprise Development, Fannie Mae Affordable Housing Advisory Council, NAACP Legal Defense Fund, National Committee for Responsive Philanthropy, and the William Winter Institute for Racial Reconciliation. Bynum previously chaired the Treasury Department’s Community Development Advisory Board (as a Presidential appointee), and the Consumer Financial Protection Bureau Consumer Advisory Board.

Among his honors are the Aspen Global Leadership Network John P. McNulty Prize, Credit Union National Association Herb Wegner Award, Opportunity Finance Network Ned Gramlich Award, National Rural Assembly Rural Hero Award, National Federation of Community Development Credit Unions Annie Vamper Award and Ernst & Young/Kauffman Foundation National Entrepreneur of the Year.


… we’d like to ask for your support. More people are reading the Mississippi Business Journal than ever before, but advertising revenues for all conventional media are falling fast. Unlike many, we do not use a pay wall, because we want to continue providing Mississippi’s most comprehensive business news each and every day. But that takes time, money and hard work. We do it because it is important to us … and equally important to you, if you value the flow of trustworthy news and information which have always kept America strong and free for more than 200 years.

If those who read our content will help fund it, we can continue to bring you the very best in news and information. Please consider joining us as a valued member, or if you prefer, make a one-time contribution.

Click for more info

About MBJ Staff

Leave a Reply