HOPE's Bill Bynum Accepts 2014 Ned Gramlich Award for Fighting Inequality and Creating Opportunities in the South
Industry’s Highest Award Recongizes More Than 30 Years Dedicated to Breaking the Cycle of Poverty in Underserved Communities
Jackson, MS (October 9, 2014)—Opportunity Finance Network (OFN) announced that it will give the 2014 Ned Gramlich Award for Responsible Finance to longtime justice advocate Bill Bynum, CEO of Jackson, Mississippi-based Hope Enterprise Corporation/Hope Credit Union (HOPE).
OFN selected Bynum for this prestigious award—the highest individual honor in the opportunity finance industry—for his inspiring career dedicated to advancing economic opportunity for disenfranchised, underserved, and poverty-constrained communities. He is receiveing the award for his lifelong efforts to fight inequity through serving—and providing a voice to—“riskier” populations.
HOPE Awarded $8 Million to Support Charter School Facilities
|HOPE recently financed the McDonogh 42 charter school in New Orleans, Louisiana.|
The U.S. Department of Education has awarded an $8 million grant to Hope Enterprise Corporation to establish the HOPE Charter School Facilities Fund, which will support financing for the renovation and construction of high quality charter school facilities in Arkansas, Louisiana, Mississippi, and Western Tennessee.
Credit Union Restores, Expands Financial Services to Area Residents
TERRY, MS – Community leaders, local residents and members of the faith community gathered in Terry to celebrate the opening of the town’s newest business – a full service branch of Hope Federal Credit Union (HOPE). After the town’s only bank branch closed this spring, the credit union responded by making a long term commitment to restore and expand financial services to area residents. Regions Bank donated the facility to HOPE.