Loan to school district will renovate building located in historical New Orleans neighborhood.
Money will help add 22 jobs to community.
Hope Community CEO Bill Bynum to help host DIrector Richard Cordray and others to discuss financial services needs of the Delta.
When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.
The 25,000-member Jackson, Miss., CU is working with two Mississippi towns to help them retain access to banking services.
Hope Enterprise Corp., the chief sponsor of the 25,000 member, $136 million Hope Community Credit Union, headquartered in Jackson, Miss., has been awarded a membership in the national NeighborWorks network.
Sponsor of Hope Community Credit Union in Jackson, Miss., joins NeighborWorks.
Kappa Alpha Psi Federal Credit Union, a predominantly African-American community development credit union headquartered in Addison, Texas, is fighting an NCUA liquidation order in court.
NCUA has until Friday at 12:00 pm to explain to the U.S. District Court for the District of Columbia why the court should not prevent it from liquidating the Kappa Alpha Psi Federal Credit Union.
Bill Bynum, CEO of the Enterprise Corporation of the Delta, the sponsoring organization for the $122 million Hope Community Credit Union, will be among the leaders to testify before the House Financial Services Committee on March 9.