Banks have to undergo certification by the US Department of Treasury's Community Development Financial Institutions Fund and meet specific requirements to address banking barriers to receive CDFI designation. Hope Credit Union is certified as a community development financial institution (CDFI). Black-led financial institutions serve an integral role in providing services and products to Black communities. There is a history of racial prejudice in banking and lending that has significantly impacted Black Americans and contributed to a racial wealth gap in the US. The Role of Black-led Financial Institutions Your deposits are federally insured by the NCUA for up to $250,000, or $500,000 for joint accounts. The Hope Credit Union has 4.6 out of 5 stars in the Google Play store and 4.8 out of 5 stars in the Apple store. You can't open an account in a shared branch, but you can walk in and receive assistance. Hope Credit Union is part of the CO-OP Shared Branch network, so you'll have access to 5,000 branches and 30,000 free ATMs around the US. You just have to pay the $10 membership fee. There are no restrictions about who can become a member of Hope Credit Union. If you want to open an account while lobbies are closed, apply online or mail in an application. You can call customer support Monday through Friday, 8 a.m. Mississippi (Biloxi, Drew, Greenville, Itta Bena, Jackson, Louisville, Moorhead, Shaw, Terry, Utica, West Point).Arkansas (Little Rock, College Station, West Memphis).Hope Credit Union is a Black-owned credit union with branches and ATMs in the following locations: This account comes with paper checks, making it easier to access your money in a pinch than with a savings account. The Hope Money Market Account is a good account if you can maintain a $1,000 balance - otherwise, you'll pay a $9.95 monthly service fee. ![]() ![]() Read Our Review A looong arrow, pointing right
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