Federal Reserve Governor Michael Barr to Address Banking on Financial Inclusion Forum at Jackson State University
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Posted By: Reginald Culpepper on February 06, 2023 Tomorrow, Tuesday, February 7, Hope Credit Union, Hope Enterprise Corporation and Hope Policy Institute (HOPE) will host “Banking on Financial Inclusion” from 9 a.m. to 2 p.m. CST, at Jackson State University in Jackson, Mississippi. The latest installment of HOPE’s Economic Mobility Forum series, the event will focus on opportunities for the financial service industry to increase economic mobility by fostering greater financial inclusion. Michael S. Barr, Vice Chair for Supervision of the Board of Governors of the Federal Reserve System, will provide keynote remarks at the event. He will be joined by experts in housing, entrepreneurship, community development, banking and other areas to discuss strategies that promote economic growth by greater and more diverse access to financial services for entrepreneurs, homeowners and communities. They will focus on the roles that financial institutions play with regard to driving economic mobility, and how they can foster broader inclusion for people and communities. “Financial institutions play a unique and outsized role in the ability of families and communities to prosper,” said HOPE CEO Bill Bynum. “However, too often, the financial tools needed to advance economic opportunity are not equitably accessible, particularly for people of color, women and rural residents. Today’s forum, Banking on Financial Inclusion, focuses on forging solutions that help ensure everyone can contribute to, and benefit from an increasingly diverse America.” Event participants must register to attend, but registration is open to the public and the press. You can register online or live stream the event. In tandem with the event, Hope Policy Institute, the research and advocacy arm of HOPE, will publish new research on economic mobility. This analysis will examine how increasing access to affordable financial services can reduce the racial wealth gap and lead to overall better economic outcomes for historically underserved communities. To learn more about HOPE and its work throughout the Deep South, click here. About HOPE HOPE (Hope Enterprise Corporation, Hope Credit Union and Hope Policy Institute) provides financial services; aggregates resources; and engages in advocacy to mitigate the extent to which factors such as race, gender, birthplace and wealth limit one’s ability to prosper. Since 1994, HOPE has generated more than $3.6 billion in financing that has benefitted nearly 2 million people in Alabama, Arkansas, Louisiana, Mississippi and Tennessee. Learn more at www.hopecu.org. If you enjoyed this article, Join HBCU CONNECT today for similar content and opportunities via email! |
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Reginald Culpepper
President, Fulfillment and Web Services, HBCUCONNECT Clark Atlanta University class of 1998 Member Since September 2000 |
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