The Remarkable Credit Union Podcast

How a Deposit Account Can Transform an Underserved Community


Listen Later

In June of 2020, Netflix announced a $10 million deposit in Hope Credit Union to build economic opportunity in the Black communities that Hope serves. The deposit marked the launch of Hope's Transformational Deposit program, which aims to import $100 million in deposits, allowing both individuals and businesses outside the region to indirectly support a historically underserved population.

Today we're joined by Kathy Saloy, Senior Vice President of Community & Economic Development of Hope Credit Union, and Rashida Ferdinand, Founder and Executive Director of the Sankofa Community Development Corporation (CDC), to learn more about how they are working to transforming communities by focusing on small businesses, listening to their neighbors, and forging innovative partnerships.

...more
View all episodesView all episodes
Download on the App Store

The Remarkable Credit Union PodcastBy PixelSpoke

  • 4.4
  • 4.4
  • 4.4
  • 4.4
  • 4.4

4.4

14 ratings


More shows like The Remarkable Credit Union Podcast

View all
The Daily by The New York Times

The Daily

111,562 Listeners

Crime Junkie by audiochuck

Crime Junkie

365,600 Listeners

Payments Nerds by The Clearing House

Payments Nerds

27 Listeners

Banking Transformed with Jim Marous by Evergreen Podcasts

Banking Transformed with Jim Marous

85 Listeners

The CUInsight Network by CUInsight | Credit Union

The CUInsight Network

7 Listeners

Credit Unions, Coffee & Conversations by MCUL

Credit Unions, Coffee & Conversations

6 Listeners

Grow Your Credit Union by Becky Reed and Joshua Barclay

Grow Your Credit Union

6 Listeners