Seasoned Professional Expands HOPE’s Community & Economic Development Efforts

BIRMINGHAM, AL — Today, Hope Enterprise Corporation / Hope Credit Union (HOPE) announced Brandon Pettagrue has joined the organization as Senior Vice President of Community and Economic Development (CED) for the state of Alabama. Based in Birmingham, Mr. Pettagrue brings nearly two decades of American and international banking expertise to the organization, where he will oversee the sourcing, structuring and completion of complex and high impact projects. In that capacity, he will leverage a variety of strategies, including the New Markets Tax Credit program, Opportunity Zones and federal grants to increase healthy food and community facility access.

“Brandon Pettagrue has a wealth of expertise and relationships that will help us achieve our mission to strengthen and financially empower communities in Alabama,” said Cassandra Williams, Interim Chief Program Officer. “We look forward to working with partners in the state to expand economic opportunity.”

Prior to joining HOPE, Mr. Pettagrue served as the Director of Capital Access for the Birmingham Business Resource Center (BBRC). There, he collaborated with businesses to achieve sustainable financial and community outcomes through access to capital and targeted growth strategies. He also provided strategic advisory services to growth-oriented firms and implemented a supplier diversity platform to create greater capacity for disadvantaged firms to build and sustain competitive business models.

Mr. Pettagrue brings notable experience from Regions Bank, as well as JP Morgan and Bear Stearns where he raised nearly $2 billion for health care, communications, energy and consumer retail ventures in North America, South America and Europe through their private equity groups.

If you are interested in pursuing commercial, community or economic development projects with HOPE in Alabama, contact Brandon Pettagrue at [email protected].