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.
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