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· HOPE CREDIT UNION

Hope Community Credit Union

Hope Community Credit Union was formed in 1995 by Anderson United Methodist Church to create an alternative source of credit to people usually forced to borrow from high-priced loan companies or cash-for-title companies.

The stated mission is to empower its members and the Jackson inner city community to improve their financial condition by providing financial services and serving as an economic resource. Because of these very worthwhile goals, the Chapel of the Cross Servant Ministry Committee adopted support of Hope as one of its continuing projects.

In its initial years, Hope had slow growth but the original dream has been revived as the Fellowship of Hope Ministries (FHM) and the Metro Amos Network have assumed leadership roles in revitalizing Hope and have breathed new life into the credit union. The Chapel is an active member of the Metro Amos Network. Together FHM and Amos have reorganized the Hope Board of Directors and are actively seeking financial support for Hope from their faith-based membership, which included 50 churches in excess of 50,000 individual members.

As a credit union chartered by the State of Mississippi, all deposits in Hope are fully insured by the federally chartered National Credit Union Association up to $100,000.

The Chapel was able to join the Hope Community Credit Union through a donation by Shane and Michelle Langston. Numerous other Jackson area churches are following suit to strengthen and broaden this institution.

Chapel members may join by paying $30. The first $5 of that fee is a tax-deductible membership and the remaining $25 is deposited into your credit union share account. Deposits can be made in person at the office at Suite 370-B in the Jackson Medical Mall, by automatic bank draft, or by payroll deduction if your employer so offers. Interest rates on both deposits and loans are competitive with area credit unions.

By saving in this Credit Union, you will build the asset base and enable Hope to use a portion of these assets to serve underprivileged, higher risk individuals.

For information, you may call 601-713-0974 or click here to visit their Website.

Chapel of the Cross · 674 Mannsdale Road · Madison, Mississippi 39110 · (601) 856-2593
Copyright © 2001, Chapel of the Cross