ORLANDO, Fla. — Can mobile banking help a credit union betterserve more unbanked and underbanked consumers?

That was the tantalizing idea behind a NACHA panel that broughtsenior executives from the $187 million Hope Federal Credit Union in Jackson, Miss., to talk abouttheir mission of serving the economically disadvantaged in theMid-South and how mobile banking helps them do that better.

Hope serves a vast territory, said Richard Campbell, Hope's CFO.Louisiana, Mississippi, Arkansas, and Tennessee are all in Hope'sgeography. The credit union has 16 branches, with two more slatedto open, but a key to bringing financial services to the people isputting it on the phone.

Continue Reading for Free

Register and gain access to:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts.
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders.
  • Educational webcasts, white papers, and ebooks from industry thought leaders.
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.