Hope Community Credit Union

• Looking Past Low-Income Credit Scores to Grow Profits

  By David Morrison  |  March 20, 2013

  When it comes to underwriting consumer loans, some community development credit unions have found success by looking at other factors besides credit scores.

• Hope Community Working to Keep Branches in Towns

  By David Morrison  |  August 18, 2011

  The 25,000-member Jackson, Miss., CU is working with two Mississippi towns to help them retain access to banking services.

• CU Sponsor In Housing Network

  By David Morrison  |  June 20, 2011

  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.

• CU Sponsor Becomes Member of National Community Development Network

  By David Morrison  |  June 14, 2011

  Sponsor of Hope Community Credit Union in Jackson, Miss., joins NeighborWorks.

• Kappa Alpha Psi FCU Declines to Go Quietly, Brings Suit Against the NCUA

  By David Morrison  |  August 18, 2010

  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 Ordered To Justify Closing CU By Friday

  By David Morrison  |  August 12, 2010

  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.

• CDCU Leader to Testify Before Congressional Hearing

  By David Morrison  |  March 8, 2010

  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.

• CDCU Leader Says CDFI TARP Proposal Result of Long Consultation

  By Claude R. Marx  |  February 9, 2010

  Bill Bynum says the Obama Administration's recent decision to use some funds from the Troubled Asset Relief Program to help community development financial institutions was the result of long consultations with the CDFI industry.