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January 01 2010

Addition of Vice Chairs to Operation HOPE National Board Strengthens Silver Rights Mission to Empower the Underserved

Senior corporate executives to help organization bring access to resources to community

(LOS ANGELES) March 15, 2010
- Financial literacy and empowerment nonprofit Operation HOPE (HOPE), announced today, effective immediately, that decision-makers Rick Hartnack and Lynn Pike will join Timothy Chrisman as vice chairs of the National Board of Operation HOPE.

“I am delighted to announce that I will be joined by these dedicated individuals on the HOPE National Board.” said the current vice chairman, Tim Chrisman, of Operation HOPE’s National Board. “Serving our underserved communities and making capitalism work for all socio-economic groups, especially in these economically trying times is our focus and I am grateful that Lynn and Rick will play a key role in our ‘silver rights’ mission to eradicate poverty.”


Tim Chrisman, a director of HOPE since 1995, has served on various HOPE boards and as a member of the Chairman of the Executive Management and Compensation Committees. As the Chairman of Chrisman & Company, a Los Angeles-based retained executive search firm, Mr. Chrisman has garnered an award-winning reputation for excellence. In February 2005, Mr. Chrisman was elected chairman by The Federal Home Loan Bank of San Francisco.


A dedicated member on HOPE’s Board since June 1997, Rick Hartnack is currently the vice chairman and head of Consumer Banking at U.S. Bancorp. His responsibilities include overseeing consumer and small business banking.


“My relationship with Lynn Pike and Tim Chrisman goes back several years and I am pleased to have the opportunity to work with them in expanding Operation HOPE’s positive influence in the community,” said Hartnack.


Lynn Pike is President of Capital One Bank, one of the nation’s top 10 banks serving millions of customers through a broad spectrum of financial products and services.  Dedication to local communities is key to the strength of Capital One Bank, and Pike has fostered a community development lending, investing and philanthropic giving plan with measurable results. An experienced leader with more than 35 years of banking and community development expertise, Pike has been named one of US Banker’s 2009 Most Powerful Women in Banking.  She is a 2008 Aiming High honoree for Legal Momentum, and in early 2010, Pike  became the first woman recipient of the Association for the Help of Retarded Children (AHRC) Corporate Hero Award.  In addition to her various board memberships, she also serves as a member of the Capital One Executive Committee and sits on the board of the Capital One Foundation.


 “In the nine years I have served as a member of HOPE’s board," Lynn Pike stated, “my commitment to Operation HOPE has only grown deeper. Together, I believe we I can help a more individuals become stakeholders in the community and move up the economic ladder than ever before.”

The Operation HOPE National Board comprises some of the nation's most powerful executives, decision-makers, bankers and economists.  Members play a critical role in providing insight and guidance to the social banking nonprofit’s direction.  To date, HOPE has created some 800 new homeowners and raised more than $500 million in inner-city investments and educated nearly 450,000 youth in financial literacy.


A complete 2010 list of HOPE's National Board may be viewed at
http://www.operationhope.org/smdev/clst20.php?id=165&frmKeywords=national%board&frmCategory=NULL