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October 13 2014

Author, Operation HOPE Founder John Hope Bryant to Meet with Dallas Community Leaders Thursday, October 16

Urban League, Mutual of Omaha Bank to Host Discussion on Financial Literacy, Economic Solutions

DALLAS – October 13, 2014 – The Urban League of Greater Dallas and North Central Texas and Mutual of Omaha Bank will host Operation HOPE, Inc. (HOPE) Founder, Chairman and CEO John Hope Bryant on Thursday, October 16, for an invitation-only discussion with Dallas community leaders about economic solutions presented in his new book, “How the Poor Can Save Capitalism.”

The private event will be held at the Belo Mansion at 6 p.m., followed by a book signing and reception. Members of the event host committee include former Dallas mayors Steve Bartlett and Ron Kirk, as well as John Bartling, chairman of the Ares Commercial Real Estate Corporation, and Robert Strong, Regional President for Mutual of Omaha Bank.

Bryant, a best-selling author and social entrepreneur, will speak with leaders from the Dallas nonprofit, education and business communities about his compelling economic argument for investing in American’s least wealthy consumers.

“Fully 70 percent of our economy is powered by consumer spending – not by business or government. It’s the bottom 80 percent of Americans by income who spend 90 percent of their pay every year,” said Bryant, who also serves on the U.S. President’s Advisory Council on Financial Capability for Youth. “This is the next major frontier of economic opportunity.”

In his book, “How the Poor Can Save Capitalism,” Bryant explains the history and psychology behind the three factors that perpetuate poverty: lack of self-confidence, lack of positive role models and lack of opportunity. For each of these three challenges, he presents specific, doable solutions and provides real-life examples of organizations and individuals who are making remarkable progress at the grassroots level.

“We are excited to host John Hope Bryant and provide leaders in our community an opportunity to engage in a discussion about some of the ideas he presents in his book,” Mutual of Omaha Bank Chairman and CEO Jeff Schmid said. “As a bank, we are committed to using corporate and employee resources to promote financial literacy and impact our customers and communities in a positive way.”

For information about the event, John Hope Bryant or his book, contact Sherry John at 213.361.6855 or sherry.john@operationhope.org.

About Operation HOPE

Since 1992, Operation HOPE, a global nonprofit focused on financial dignity, has empowered more than 2 million individuals and directed more than $1.5 billion in private capital to America's low-wealth communities. It has recruited a growing army of 20,000 HOPE Corps volunteers, and helped raise average credit scores for financial case management clients more than 120 points over an average 18-month period. Currently HOPE is focused on Project 5117, a multi-year initiative that will track and increase business role models for youth, boost credit scores for adults, and empower underserved communities, as a part of its “silver rights” mission to make free enterprise work for everyone. To learn more about Operation HOPE visit www.operationhope.org, follow our Twitter: @operationhope, and like us on Facebook: Operation HOPE

About the Urban League of Greater Dallas and North Central Texas

The Mission of the Urban League of Greater Dallas and North Central Texas (ULGDNCTX) is to provide the critical skills, resources and opportunities necessary to enable all citizens to achieve their full potential.

About Mutual of Omaha Bank

Mutual of Omaha Bank is a full-service bank providing financial solutions to individuals and businesses across the United States. With nearly $7 billion in assets, Mutual of Omaha Bank has a strong Texas presence, including locations in Dallas, Fort Worth, Houston and Austin. The bank is a subsidiary of Mutual of Omaha, a highly rated Fortune 500 insurance and financial services company founded in 1909. For more information about Mutual of Omaha Bank, visit www.mutualofomahabank.com.