Longtime WP&C client HOPE Credit Union CEO Bill Bynum and HOPE win the sixth annual John P. McNulty Prize from the Aspen Institute. “Each year, the McNulty Prize recognizes the outstanding work of individuals and organizations who have made a positive impact on the lives of others,” said McNulty Prize judge and former Secretary of State Madeleine Albright.
Hope Credit Union provides hardworking people in underserved communities in Mississippi, Louisiana, Tennessee, and Arkansas with access to the banking services they need to buy homes, start businesses, educate their children, and support their families. Since 1998, HOPE has grown to 28,000 members, generated $1.7 billion in financing for entrepreneurs, homebuyers, and community development projects, and has directly benefited the lives of more than 400,000 people.
“WP&C helped us navigate several significant challenges over the past few years and has contributed to our success,” says HOPE CEO Bill Bynum. WP&C Managing Partner Andrei Perumal, “I am pleased that the significant impact that HOPE has had on people in the gulf coast region has been recognized by the McNulty prize. HOPE is a very effective organization serving an important need. It has been a privilege to work with Bill and his team.”