PRESS RLEASE
The Aspen Institute and the McNulty Foundation
announced
Hope Credit Union CEO Bill Bynum and HOPE
won the sixth annual John P. McNulty Prize
(Jackson, MS – October 22, 2013) The McNulty Prize recognizes the spirit of innovation and excellence of private sector leaders who use entrepreneurship to address important global social issues. The $100,000 prize is given annually to honor the visionary work of an Aspen Global Leadership Network (AGLN) Fellow of the Aspen Institute. An international panel of judges including Madeleine Albright, African diplomat Olara Otunnu and international development expert Brizio Biondi-Morra selected the 2013 winner.
Since 2008, as other institutions were closing their doors in underserved communities, HOPE responded by extending a lifeline to residents in Mississippi, Louisiana, Tennessee and Arkansas. During this period, HOPE has:
· Expanded from three to 15 branches;
· Increased its member-owners from 9,000 to 28,000; and
· Closed more than 7,200 consumer, mortgage and small business loans totaling more
than $260 million.
Read the full release at:
· Hope Credit Union – http://bit.ly/16oeGiK
· Hope Enterprise Corporation – http://bit.ly/19pnQcX
The Foundation for the Mid South would like to congratulate
Bill and Hope Credit Union, our long standing board member and supporter
on winning the honor!