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November 24 2014

Operation HOPE Welcomes Mutual of Omaha Bank CEO Jeff Schmid to its Global Board of Directors

LOS ANGELES – November 24, 2014 – Financial dignity nonprofit Operation HOPE announced today the appointment of Jeff Schmid, the chairman and chief executive officer of Mutual of Omaha Bank, to the HOPE Global Board of Directors.  As a member of the board, Mr. Schmid will help provide leadership, guidance, and support for HOPE’s mission to bring economic empowerment to underserved communities where it serves.

“We are delighted to have a leader of the stature and insight that Jeff Schmid brings,” said Operation HOPE Founder and Chairman John Hope Bryant.  “His expertise and experience will give lift to Operation HOPE’s plan to nurture economic freedom worldwide and foster universal human dignity.”

Jeff Schmid is chairman and chief executive officer of Mutual of Omaha Bank. He also serves as president and chief executive officer of Omaha Financial Holdings, Inc. (OFHI), a wholly owned subsidiary of Mutual of Omaha and the holding company for Mutual of Omaha Bank. As chairman and CEO, Schmid leads Mutual of Omaha Bank in its mission of building a banking franchise in select U.S. markets and creating a national financial services platform for individuals and businesses. (complete bio here)

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 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.

Operation HOPE has been America’s leading financial literacy and empowerment social investment organization since 1992. HOPE Boards help shape organizational policy and provides overall support and direction for the organization's activities. It is comprised of some of the most powerful executives, decision-makers, bankers and economists in the world. These individuals play an essential role in driving Project 5117, HOPE’s Silver Rights Movement and next phase to expand economic opportunity, and making capitalism and free enterprise accessible in underserved communities.

A complete 2014 list of HOPE's board members may be viewed here.