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April 27 2017

Operation HOPE marks Financial Capability Month with U.S. Treasury Visit; honors Freedman’s Bank Legacy

ATLANTA – April 27, 2017 – Building on the most successful HOPE Global Forums Annual Meeting to date, global financial dignity and economic empowerment nonprofit Operation HOPE, Inc. continued its observance of Financial Capability Month with a visit to the U.S. Treasury and acknowledgement of its commitment to extending the legacy of the Freedman’s Bank.

Today, Operation HOPE Founder, Chairman and CEO John Hope Bryant, participated in a private meeting with Secretary of the U.S. Treasury Steven Mnuchin in Washington, D.C. that included discussion on the HOPE Inside model and CRA revitalization. Operation HOPE has a longstanding relationship with the Treasury Department, that culminated in 2016 when John Hope Bryant became the only private American citizen to inspire the renaming of a building on the White House campus, when the U.S. Treasury Annex Building was renamed the Freedman’s Bank Building.

“The Freedman’s Bank legacy has become the narrative of the work of Operation HOPE—to help all people become fully integrated into our nation’s economy,” Bryant said. “We are pleased to work with Treasury Secretary Mnuchin and his department to partner on financial empowerment initiatives to improve the lives of American families and uplift our nation’s communities.”

Observed in April, Financial Capability Month was created to encourage Americans to construct a more secure financial future for themselves and their families.

OPERATION HOPE IMPACT TO DATE

- 2.8 million individuals empowered with financial dignity

- 55,000 small business clients served through HOPE Coalition America financial preparedness and recovery assistance

- $2.4 billion in economic activity directed into underserved communities

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About Operation HOPE

Since 1992, Operation HOPE has been moving America from civil rights to "silver rights" with the mission of making free enterprise and capitalism work for the underserved. Through its core programs, the nonprofit has provided financial dignity and economic empowerment to over 2.8 million individuals worldwide, and $2.4 billion in economic activity for the disenfranchised—turning check cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners and minimum wage workers into living wage consumers.  Project 5117 is HOPE’s multi-year four-pronged approach to combating economic inequality that aims to improve financial literacy, increase business role models and business internships for youth, and stabilize the American dream by boosting credit scores. Operation HOPE recently received its second consecutive 4-star charity rating for fiscal management and commitment to transparency and accountability by the prestigious non-profit evaluator, Charity Navigator—further establishing it as a best-in-class organization. 

For more information: www.OperationHOPE.org

Follow Operation HOPE on Twitter @operationhope