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July 09 2015

Operation HOPE Founder John Hope Bryant and Mutual of Omaha Bank Chairman and CEO Jeff Schmid Meet to Discuss the Next Frontier of Economic Opportunity

Mutual of Omaha Bank to Host book signing event following the grand opening of the Nevada’s first HOPE Inside location

LAS VEGAS – July 14, 2015 – The Mutual of Omaha Bank will host a discussion on next frontier of economic opportunity with Mutual of Omaha Bank Chairman and CEO Jeff Schmid and Operation HOPE Founder, Chairman and CEO John Hope Bryant.  The event will take place after the grand opening of the HOPE Inside location to serve the Las Vegas area.

Under the backdrop of the beautiful Red Rock Casino Resort the conversation will feature an informative dialogue around Bryant’s bestseller, How the Poor Can Save Capitalism: Rebuilding the Path to the Middle Class. Doors will open at 5:30PM.  The books for this event are sponsored by Mutual of Omaha Bank. The first 150 guests will receive a complimentary copy. You can attend this important presentation by RSVP to: erika.sanchez@mutualofomahabank.com.

Bryant, a best-selling author and social entrepreneur, will share a frank discussion about his compelling conversation about economic empowerment and investing in American’s underseved communities.

“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,” 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.”

Since 1992, Operation HOPE has promoted financial dignity through financial literacy and educational tools in underserved communities. Through its four core portfolios, the organization has provided youth and adult financial literacy, encouraged economic preparedness and digital empowerment, promoted homeownership, and assisted with foreclosure prevention to more than 2.5 million individuals, families, and small-business owners. It is currently 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.