Hope Credit Union Pledges $1 Billion to Amplify Underserved Deep South Communities

Essence Magazine:

By Jasmine Browley· Updated September 16, 2022

Nearly half of the US Black population lives in the South, but less than 3% of philanthropic dollars are invested there.

Hope Credit Union (HOPE), is aiming to make up for the disparity.

In a news release shared with ESSENCE, the Black- and women-owned financial institution announced their intent to funnel $1 billion in financing to close opportunity gaps in Alabama, Arkansas, Louisiana,

This post first appeared in Essence Magazine. Read the original article.