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July 09 2015

Local Legend Rev. Dr. Cecil “Chip” Murray and OneWest Bank CEO and President Joseph Otting Join Operation HOPE Founder John Hope Bryant at Los Angeles Freedman’s Bank Tour Stop

Operation HOPE commemorates the 150th anniversary of the creation of the first bank dedicated to the financial literacy and empowerment of African Americans

LOS ANGELES – July 9, 2015 – Operation HOPE announced today Los Angeles Civil Rights leader and Local Legend Rev. Cecil Murray and One West Bank CEO and President Joseph Otting will join HOPE Founder John Hope Bryant at the California African American Museum on July 16. The event celebrates a forgotten and invaluable part of America’s history, the establishment of the Freedman’s Bank.

Signed into law by President Abraham Lincoln, the Bank was established to spur economic development of formerly enslaved African-American communities. We are using the occasion to host a cutting-edge conversation exploring how the unfinished journey of the Bank can inspire Los Angeles to expand economic opportunity for all our citizens. The Los Angeles stop is part of a year-long, nationwide Tour using the history of the Bank as a catalyst to inspire communities to take control of their economic future.

An influential member of the Los Angeles community, retired pastor Rev. Dr. Murray, is a mentor and inspiration for HOPE founder, John Bryant and board member emeritus for Operation HOPE. He holds the Tansey Chair of Christian Ethics at the Center for Religion and Civic Culture at the University of Southern California and holds board membership with the California African American Museum, the Ray Charles Foundation among many others.

Otting a longtime supporter of Operation HOPE made a pledge earlier this year to help bring financial empowerment to Southern California communities by supporting HOPE Inside locations, committing to open 10 locations at OneWest Bank.

Chartered by the State of California in September of 1977, the California African American Museum began formal operations in 1981, housed in temporary quarters at the California Museum of Science and Industry (currently the California Science Center). The current facility in Exposition Park was built with State and private funds for $5 million. Designed by African American architects, Jack Haywood and the late Vince Proby, the Museum facility opened its doors to the public during the Olympic Games of July 1984. CAAM is currently in its 28th anniversary of being housed in its own facility.

The event is free and open to the public. You may RSVP here