Home » NEWS » Banking & Finance » Credit union and loan fund win financial inclusion award

Credit union and loan fund win financial inclusion award

A Mississippi-based credit union and associated loan fund have been named the winner of The Wall Street Journal’s financial inclusion challenge.

Hope Enterprise Corp. and Hope Credit Union announced the win last week.

Hope operates in Mississippi, Alabama, Arkansas, Louisiana and Tennessee. It was recognized for providing financial services in small towns in the Mississippi Delta that traditional banks have exited. Hope acquired donated bank branches in Drew, Itta Bena (it-UH’ BEE’-nuh), Moorhead and Shaw in 2014 and 2015. Hope says it now serves more than 50 percent of the residents in each town.

Hope has more than 44,000 members across its five states.


… 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 Associated Press

Leave a Reply