The 25,000-member Hope Community Credit Union in Jackson, Miss.,is working with residents and officials in two Mississippi towns tohelp them retain access to banking services.
|Bank branches in Utica and Edwards will close at the end ofAugust and a coalition of community residents and leaders hasapproached Hope about the credit union moving in to provideaffordable banking services, the CU said.
|“According to the FDIC, a higher percentage of Mississippiansare unbanked and underbanked than in other than in most otherstates,” said HopeCEO Bill Bynum.
|“Everyone wants to live in a nice neighborhood, a good educationfor their kids, and a job that pays decent wages. Affordable andresponsible financial services are key elements that help makethese things possible,” Bynum said. “AtHope, we strive to make sure that people have access to thesevital tools regardless of where they live.”
|Hope has set up a temporary location in Utica to open accountsand will put a modular branch in place while the CU and the townfinalize plans for a more permanent branch.
|A meeting has been scheduled in Edwards for Aug. 22 to discussestablishing a Hope branch in that community, the $136 million CUsaid.
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