Hope Federal Credit Union

  • +1

A short history of Hope FCU

Since its inception in 1995 the Hope Federal Credit Union has been serving its members in the JACKSON, Mississippi area with exceptional financial products. You can find their current interest rates on used car loans, new car loans, 1st mortgage loans and interest rates on both fixed and adjustable mortgages here on these pages. Currently led by William Bynum, the Hope FCU has grown its membership to over 38,577 with assets of more than $238,276,082. They have a main office and 25 branch offices. Please see the credit unions website or contact them by phone at (601) 944-1100 to get exact details . There are many other credit unions in the local area. See them all here. Credit Unions in JACKSON, MS.

General Information For Hope FCU was taken from their 6/30/2017 quarterly report, which is the most current available public information.

Charter Number 24829
Address 4 OLD RIVER PL 
State Mississippi 
Zip-Code 39202
Phone Number (601) 944-1100
Fax Number (601) 944-0808
Email Address: ----
CEO/President William Bynum
Members 38,577 
Full-Time Employees 138 
Part-Time Employees 42 
Number of Branch Offices 25 
Total Assets 238,276,082 
Website http://hopecu.org 

Compare Hope Federal Credit Union To Other Local Credit Unions

Credit Union Name
Branch Name
Zip Code
Phone Number
ATM Access
Distance (Miles)
Mississippi Dhs CU MS DHS FCU 767 N PRESIDENT ST 39202 (601) 354-6544 No 0.52
Commfirst CU MBHS Federal CU 1151 N State St 39202 (601) 938-1213 No 0.67
Eagle Express CU Main Office 567 S State St 39205 (601) 355-6363 No 0.97
Treasury Employees CU Main Office 100 W Capitol St Ste 1059 39269 (601) 355-5411 No 1.06
Mississippi Public Employees CU Mississippi Public Employees Credit Union 613 S West St 39201 (601) 948-8191 No 1.22

Hope Federal Credit Union Financial Performance Charts

Performance Charts

Website Image

Financial Data

Hope Federal Credit Union Lowest Loan Rates With State and USA Rankings

Unsecured Credit Card New Car Loans Used Car Loans 1st Mortgage Loans Other Real Estate
Rate 9.00 3.50 4.25 6.88 6.75
Mean Rate For All USA Based Credit Unions 10.56 3.72 5.00 4.48 4.95
Rank Among All USA Credit Unions 160 209 231 431 412
Rank Among All Mississippi Credit Unions 8 16 7 21 15

Hope Federal Credit Union Highest Deposit Rates With State and USA Rankings

Checking Regular Savings Money Market Certificates of Deposits IRA/KEOGH
Rate 0.10 0.25 0.50 1.70 0.25
Mean Rate For All USA Based Credit Unions 0.19 0.26 0.29 0.73 0.66
Rank Among All USA Credit Unions 116 95 60 66 266
Rank Among All Mississippi Credit Unions 11 21 2 5 19
Hope Federal Credit Union Loans and Leases

Interest Rate Number of Loans Amount
Unsecured Credit Card Loans 9.000541883,704
All Other Unsecured Loans/Lines of Credit 16.0002,8012,291,719
Short-Term, Small Amount Loans (STS) (Federal CU Only) 0.00000
Non-Federally Guaranteed Student Loans 0.00000
New Vehicle Loans 3.5001011,800,157
Used Vehicle Loans 4.2506625,851,593
Total 1st Mortgage Real Estate Loans/Lines of Credit 6.8801,239159,592,941
Total Other Real Estate Loans/Lines of Credit 6.75013922,735
Leases Receivable 0.00000
Total All Other Loans/Lines of Credit 5.5008767,599,622
TOTAL LOANS & LEASES 6,233178,942,471

Hope Federal Credit Union Real Estate Loans and Lines of Credit


No. of Loans Outstanding Amt of Loans Outstanding No. of Loans Granted Year- to-Date Amount Granted Year-To-Date
Fixed Rate
    a. > 15 years 99288,728,37314819,057,226
    b. 15 Years or less 10139,010,6911813,742,137
    a. > 15 years 7617,935,359124,000
    b. 15 Years or less 142,559,34100
Other Fixed Rate 2632,90400
Adjustable Rate 1 yr or less 141,225,27700
Adjustable Rate > 1 yr 409,500,996194,500


Closed-End Fixed Rate 671,19900
Closed-End Adjustable Rate 5239,97900
Open-End Adjustable Rate 2611,55700
Open-End Fixed Rate 0000
TOTALS 1,252160,515,67616832,917,863


Interest Only & Payment Option 1st Mortgage Loans 52,056,9653,153,460
Interest Only & Payment Option Other RE/LOC Loans 000
    a. Federally Insured Home Equity Conversion Mortgage (HECM) 0000
    b. Proprietary Reverse Mortgage Products 0000

Hope Federal Credit Union Member Offerings
First Time Homebuyer Program Yes
Real Estate Loans Yes
Pay Day Lending Yes
Share Secured Credit Cards Yes
Overdraft Protection/Courtesy Pay Yes
Overdraft Lines of Credit No
ATM/Debit Card Program Yes
Interest Only and Payment Option 1st Mortgage Loans Yes
Check Cashing Yes
Money Orders Yes
No Surcharge ATMs Yes
Home Banking Via Internet Website Yes