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Get All the Latest News from YOUR Credit Union
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In this Issue: Vehicle Loans as Low as 3.99% • HOPE Economic Empowerment Center Groundbreaking • New ITIN Mortgage Loans • Accessibility Options for HOPE's Website • HOPE Economic Mobility Forum • Secure Your Digital Wallet
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- Up to 7 Years to Repay
- Up to 100% Financing
If you’re looking for a new set of wheels, find a new road forward with a vehicle loan from HOPE. Take advantage of our low rates to save money and keep your monthly payments affordable.  Whether you want to buy a new or pre-owned car, an SUV, truck or recreational vehicle, or refinance your existing auto loan, HOPE is ready to work with you to help make it happen.  Learn more and get started at www.hopecu.org/auto.3 You can also stop by a branch or give us a call to learn more or get assistance from our team of lending professionals. Â
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¹Loans subject to approval. ²“APR” is Annual Percentage Rate. Advertised “as low as” annual percentage rates (APR) assume excellent borrower credit history. Your actual APR may differ and will be based upon several factors, including credit history, model year, term, and loan amount. A loan with the lowest advertised interest rate of 3.99% (4.092% APR) on a new vehicle (up to 3 years old) for $20,000.00 (minimum) over 60 months (maximum) would have a monthly payment of $368.28. A loan with an interest rate of 5.99% (6.033% APR) on a new vehicle (up to 3 years old) for $35,000.00 (minimum) over 84 months (maximum) would have a monthly payment of $511.23. A loan with an interest rate of 12.99% (13.124% APR) for 48 months on a used vehicle would have a monthly payment of $536.61. Additional rates and terms are available. Advertised rates are available on loans made from August 1, 2024, through December 31, 2024. ³Term of 72 months only available for vehicles up to 5 years old and loan amounts of at least $20,000. Term of 84 months term only available for vehicles up to 3 years old and loan amounts of at least $35,000.
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HOPE Economic Empowerment Center Groundbreaking Ceremony  On October 30, 2024, HOPE held a groundbreaking ceremony for the HOPE Economic Empowerment Center. The facility will be located at 5471 I-55 North in Jackson, Mississippi.
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The HOPE Economic Empowerment Center builds on HOPE’s 30-year legacy as a resource for building the financial health and wealth of people in under resourced Deep South communities.
This milestone in HOPE’s three-decade journey to improve the financial health and wealth of people in under resourced communities across the Deep South is possible because of of support from our members, partners, public officials, funders, and associates.    Learn more about this new resource for the Jackson metro area at www.hopecu.org/heec24.
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New ITIN Mortgage Loans Create Homeownership Opportunities  Having a place to call your own is important to so many families. Hope Credit Union believes that having access to quality, affordable housing is a key to creating brighter financial futures.  HOPE has recently introduced an Individual Taxpayer Identification Number (ITIN) mortgage loan to help more families get closer to home, no matter where they live or their background. HOPE’s ITIN home loan is designed for people who do not have—and may not be able to get—a Social Security number.1  With low down payments, flexible credit requirements, and allowances for seasonal income, HOPE may have the right home financing solution for you. See one of our experienced lenders to find out how we can help with an affordable mortgage today. - Low Down Payments
- Maximum 95% Financing up to $250,000
- Maximum 90% Financing $250,00 to $425,000
- No Mortgage Insurance Requirement
- Competitive Fixed Interest Rates
- Income Limits:
- No Income Limits in Target Areas
- 120% AMI in Non-Target Areas
- Minimum Credit Score: 580
- Non-traditional and Alternative Credit Accepted2
- Most Recent Two Years of Income Tax Returns and Transcripts
Acceptable Government-Issued Identification - Valid Passport
- Driver’s License
- Matricula Consular
- ITIN Registration
Connect with one of our experienced mortgage loan originators to get answers to your questions or learn more about which options may be best for you. Â You can also use our mortgage calculators to understand how a home loan can work with your budget.
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ÂąLoans subject to approval.
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Use HOPE's Accessibility Tools to Tailor Your Website Experience New Options Make HOPE Available More Easily to More People  HOPE's new website has been receiving great reviews. Two of the most helpful additions are functions that will create greater access for people who need assistance navigating websites due to a disability and for people who may be more comfortable reading the site in Spanish. - UserWay - (Image "A" Above) A human figure icon located in the bottom left corner of every page allows visitors who may need to adjust things like contrast, text size or spacing, or other elements that make the site easier to navigate. Click the icon and adjust any of the setting to get just the right experience for you. The sample image shows a page with dyslexia-friendly fonts selected.
- Translation - (Image "B" Below) A box in the bottom right corner of every page enables visitors to toggle between languages. Selecting that box allows someone to choose between English and Spanish, which are the two the most often requested languages in our region. We will add other options as additional needs are identified. Â
Be sure to share these with anyone you know who may need a credit union that can help them access financial services more easily.  In future editions of Member Connect, we’ll continue highlighting some of the most important content and commonly used features to help you get the most out of everything the new site offers.
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HOPE Economic Mobility Forum: Maximizing Federal Investments in Under Resourced Communities - West Memphis, AR  HOPE Economic Mobility Forum, held in West Memphis, Arkansas, was the third and last of the 2024 convenings of community leaders, policymakers, and experts who gathered to discuss the effective utilization of federal investments in the Deep South to enhance economic mobility.  Kiyadh Burt, Vice President of the Hope Policy Institute, set the stage by addressing the economic mobility challenges and opportunities in the Deep South.  The forum also featured a panel on Community Perspectives, moderated by Charity Hallman, Senior Vice President of Community & Economic Development at HOPE. Panelists included Frank Bateman, Executive Director, Arkansas Black Mayor’s Association; Martha Claire Bullen, Director Community Sustainability, Communities Unlimited; and James Dunn, Supervisor, Tunica County, MS & Executive Director, Tunica County CDC. They shared valuable insights into the local factors influencing economic mobility and the utilization of resources to address community needs.  Another highlight was the Investing in America panels, led by HOPE CEO Bill Bynum and by Ed Sivak, HOPE's Chief Policy & Communications Officer. These session brought together federal agency representatives and other resource providers, including Adriene Brown, Region 6 District Director for Arkansas, U.S. Small Business Administration; Jill Floyd, Arkansas State Director for USDA Rural Development; Pete Jilek, Deputy Division Administrator, Federal Highway Administration; Ronald Newman, Senior Advisor, Inflation Reduction Act Implementation, U.S. Department of the Treasury; Earthea Nance, Regional Administrator, U.S. Environmental Protection Agency; and Candace H. Valenzuela, Regional Administrator, U.S. Department of Housing and Urban Development. The panelists discussed federal programs designed to increase economic mobility and how communities can leverage these opportunities alongside private investment and technical assistance.  Recordings of the forum are available for public viewing on the Hope Credit Union YouTube page.
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Secure Your Digital WalletTips for Safe Online Shopping and Payment  Not-so-fun fact: In 2023, online payment fraud led to global losses of over $48 billion, with North America being the hardest hit, responsible for 42% of those losses. The main culprits? A vast volume of data breaches and the broad availability of stolen credit card information.  As online shopping continues to grow, so do the risks associated with digital payments, underscoring the importance of adopting safe online shopping practices. - Start with a Safe Connection
Avoid public Wi-Fi for online shopping and use a VPN/secure connections to keep your payment details safe.
- Use Trusted Payment Platforms
Another way to secure your digital wallet is by using trusted payment methods and platforms or set up your HOPE digital wallet.
- Turn On Multi-Factor Authentication (MFA)
Most banks, credit cards, and digital wallet platforms now offer MFA, and it’s easy to set up. It only takes a moment but could save you hours of headaches if your account is ever targeted.
- Update Your Passwords (And Use a Password Manager)
Strong, unique passwords are key to digital wallet security. And if you’re worried about remembering them all, there are password managers that’ll do the heavy lifting for you.
- Monitor Accounts and Watch for Phishing Scams
Staying on top of your bank and credit card accounts is the easiest way to detect fraud early. To make life easier, set up real-time alerts with your bank, so you’re notified whenever a purchase is made on your account. Also, be cautious of phishing scams, where fake emails or texts try to trick you into sharing personal info. If you get a suspicious message asking for sensitive details, it’s best to avoid clicking any links—if it feels off, trust your gut.
- Avoid Saving Payment Info on Retailer Sites
While major retailers tend to have strong security, smaller or less reputable websites may not. As an alternative, stick to using trusted payment platforms or your HOPE digital wallet to avoid having your card info stored on multiple sites.
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Veterans Day Monday, November 11 Â Thanksgiving Wednesday, November 27 (Open Until Noon) Thursday, November 28
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Remember, HOPE's Convenience Services are available even when our branches are closed. You still have 24/7 access to many functions for managing your account using our Digital Banking or our HOPE24 Telephone Banking solutions.  Learn more about all the great ways to manage your finances.Â
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Hope Credit Union 601-944-1100 | 1-866-321-HOPE Â See what's happening on HOPE's social media:
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