HOPE was created to serve as a financial institution for individuals and communities that otherwise may not be able to access the services they need from traditional financial institutions. National and local trends have resulted in many economically distressed communities that are left without mainstream banking resources, leaving local residents vulnerable to predatory and sub-prime companies. These individuals often find their assets being stripped away by pawn shops, check cashing outlets, payday lenders, and cash for title operations.
HOPE is a response to that trend.
Since 1994, HOPE has generated over $1.7 billion in financing for entrepreneurs, homebuyers and community development projects, and assisted more than 130,000 individuals in low-income communities throughout the Mid South.
Contact Us for more information about the people and markets we serve. You can find out more about who we are and what we do by taking a quick look at the HOPE Fact Sheet.