Transformational Deposits

An impact investment empowering life-changing economic opportunities across the Deep South.

Transformational Deposits

An impact investment empowering life-changing economic opportunities across the Deep South.

Share Certificate of Deposit

0.10% APY*1,2

Money Market Account

0.10% APY1,3

Share Certificate of Deposit



Money Market



Strengthen the Financial Health and Wealth of Families in the Deep South through a HOPE Transformational Deposit

Strengthen communities, build assets,
and transform the lives of others

Be a catalyst for good by making a Transformational Deposit at Hope Credit Union. At HOPE, not only are your funds federally-insured up to $250,000; but they empower families and communities by fueling homeownership and entrepreneurship; combating predatory lending; supporting facilities that improve education and health outcomes; improving climate resiliency; and by otherwise building opportunity ladders in one of the nation’s most economically distressed regions.

Contact us today to open a HOPE Transformational Deposit
with as little as $1,000.
Work with our
Investor Relations team

Request more information.

"*" indicates required fields

This field is for validation purposes and should be left unchanged.

Find the Right Investment for You

Share Certificate of Deposit (CD)

Do good and get rewarded with a guaranteed return. Choose from 12-, 24-, 36- or 60-month CD terms – all earning 0.25% APY* with a low $1,000 minimum to open.

Money Market Account

Give HOPE to others with the flexibility to access your money when you need it, up to six times per month, fee-free. $1,000 minimum to open, earning 0.25% APY*.

Ready to inspire HOPE with a Transformational Deposit of $50,000 or more?
Contact us so our team can process your deposit.

Transform Lives with HOPE.

Invest in Transformational Deposits.

It’s Easy to Become a Transformational Depositor

Brighter futures begin with HOPE—and you. Open an account today.

Apply online

Open an account with a deposit of $50,000 or less with our easy-to-use online application.

Contact us

For questions or to open an account with over $50,000, HOPE’s Investor Relations team can help.

Why Become a Transformational Depositor
at Hope Credit Union?

Socially responsible investing

Transformational Deposits are an ESG or impact investment that gives HOPE the asset base we need to make small business loans, home loans, and more.

Flexible deposit options

We offer two flexible account options: Choose a Certificate with terms from 12 to 60 months or open a Money Market to access your funds up to six times per month.

Empower opportunities for all

Your deposit addresses socioeconomic challenges and injustices in the Deep South and empowers individuals and communities with reliable, low-cost economic resources.

Guaranteed returns, federally insured

Your deposits are federally insured up to $250,000 for total peace of mind—all while providing a guaranteed return on your money
with a 0.25% APY 1,2

The Impact of Transformational Deposits at HOPE

Since 1994, HOPE has generated over $3.6 billion in financing to benefit more than 2 million people across the Deep South.

Promote racial and gender equity

Transformational Deposits allow HOPE to provide equitable, affordable financial services to all our members, of which 70% are people of color and 60% are women.

Empower more homeowners

HOPE was able to fund 125 mortgages in 2021. Of that, 90% of loans went to people of color, 87% were first-time homebuyers, and 64% were women.

Support minority-owned businesses

In 2021, HOPE made 2,630 commercial loans totaling $85+ million—71% of those loans funded minority-owned or led businesses and helped to create or retain 6,597 jobs in the Deep South.

Establish critical banking infrastructure

We bring necessary financial services to economic deserts: 46% of our members were unbanked or underbanked before HOPE, and 15% of HOPE consumer loans are alternatives to predatory payday loans.

See How Your Investment Makes An Impact

Support from Other Transformational Depositors

Making a Transformational Deposit at HOPE enables our members to live their best lives.
See why others are supporting our work.

Frequently Asked Questions

Hope Credit Union serves one of the nation’s most impoverished regions, a place from which wealth has been extracted for generations and where families have limited ability to build savings and other assets. As a result, HOPE’s ability to secure local deposits is limited, and HOPE must import capital into the communities we serve.

When you make a Transformational Deposit, you are making a socially responsible investment, ensuring that the people and places served by HOPE have access to the financial services that provide jobs, housing, healthcare, and other vital needs. Your Transformational Deposit, in the form of a Money Market account or Share Certificate, supports HOPE’s mission to address socioeconomic challenges confronting one of the nation’s most impoverished regions.
Your Transformational Deposit will strengthen communities, empower businesses, and transform the lives of individuals. Read our 2021 Impact Report to see how Transformational Deposits support opportunities for all across the Deep South.
HOPE is a family of development organizations dedicated to strengthening communities, building assets, and improving lives in the Delta and other economically distressed parts of Alabama, Arkansas, Louisiana, Mississippi, and Tennessee.

Comprised of a regional credit union (Hope Credit Union), loan fund (Hope Enterprise Corporation), and policy center (Hope Policy Institute), HOPE has provided financial services, leveraged private and public resources, and shaped policies that have benefited more than 2 million residents in one of the nation’s most persistently poor regions since 1994.
Hope Credit Union is a nonprofit financial cooperative owned by its members. A credit union generally offers its members lower rates on loans, in addition to fewer and lower fees. Credit unions work together through shared branching networks.

Banks differ in that they are either privately owned or publicly traded and compete with credit unions and each other.
Hope Credit Union is federally regulated; therefore, deposits are insured through the National Credit Union Administration (NCUA) up to $250,000. This is similar to FDIC insurance, which covers banks.
You can open a Transformational Share Certificate or Money Market account with a minimum of $1,000.

If you live in the five states we serve (Alabama, Arkansas, Louisiana, Mississippi, or Tennessee), you can also access other deposit account types with lower minimum balances.
Yes, anyone can open a Transformational Deposit account with $1,000 or more, regardless of where you live.
Money Market accounts and Share Certificates are two ways to make a Transformational Deposit at HOPE.

A Money Market account earns interest like a savings account and allows for check writing abilities like a checking account. At HOPE, a member with a Money Market account may make six outgoing monthly transactions, like withdrawals and transfers.

A Share Certificate is a timed deposit account, like a Certificate of Deposit (CD) at a bank. When opening a Share Certificate, you can choose from a 12-, 24-, 36-, or 60-month term. Your deposit is held for that term, during which you cannot make withdrawals or deposits without incurring a penalty fee.
It’s easy to open a Transformational Deposit account at HOPE:
  • Depositors investing between $1,000 and $50,000 can open their account online. Open yours now.
  • Depositors investing more than $50,000 can open their account with our Investor Relations Team. Contact us.
Have additional questions about opening an account? Contact us at or 1-877-654-4673 (HOPE).
You can access your funds easily with HOPE’s free online and mobile banking services. For additional help accessing funds, contact us at or 1-877-654-4673 (HOPE).
At maturity, your HOPE Transformational Share Certificate automatically renews to the current Transformational Deposit rate. Contact us to discuss your renewal options.
If you need to withdraw funds before your Share Certificate’s maturity, you may do so by contacting an Investor Relations representative at 1-877-654-4673 (HOPE) or emailing A penalty fee applies for early withdrawals.

Find a Hope Credit Union Branch Near You

Arba Street Branch

400 Arba Street
Montgomery, AL 36104
P: 334-834-7483
F: 334-834-2803

McGehee Road Branch

3421 McGehee Road
Montgomery, AL 36111
P: 334-604-4110
F: 334-604-4111

College Station Branch

4000 Gray Street, Suite B
College Station, AR 72053
P: 501-490-0646
F: 501-490-0424

Little Rock Branch

8411 I-30
Little Rock, AR 72209
P: 501-562-1060
F: 501-562-1027

West Memphis Branch

1114 Missouri Street
West Memphis, AR 72301
P: 870-735-8398
F: 870-732-5447

Central City Branch

1726 O. C. Haley Blvd.
New Orleans, LA 70113
P: 504-527-0688
F: 504-527-0691

Elysian Fields Branch

1635 Elysian Fields Avenue
New Orleans, LA 70117
P: 504-635-4475

Mississippi Coast Branch

188 Porter Avenue
Biloxi, MS 39530
P: 228-374-1554
F: 228-374-3387

Drew Branch

140 West Shaw Avenue
Drew, MS 38737
P: 662-745-0406

Greenville Branch

546 MLK Boulevard North
Greenville, MS 38701
P: 662-378-5744

Itta Bena Branch

120 Humphrey Street
Itta Bena, MS 38941
P: 662-254-0040
F: 662-254-0054

Medical Mall Branch

350 Woodrow Wilson, Suite 370B
Jackson, MS 39213
P: 601-362-8050
F: 601-713-0975

University Boulevard Branch

1748 University Boulevard
Jackson, MS 39204
P: 601-965-7100
F: 601-961-6780

Louisville Branch

16620 Main Street
Louisville, MS 39339
P: 662-773-3550
F: 662-773-3614

Moorhead Branch

917 West Delta Avenue
Moorhead, MS 38761
P: 662-246-8855
F: 662-246-8005

Shaw Branch

134 East Peeler Avenue
Shaw, MS 38773
P: 662-754-2070

Terry, MS Branch

109 West Cunningham Street
Terry, MS 39170
P: 601-878-0773
F: 601-878-9468

Utica Branch

106 East Main Street
Utica, MS 39175
P: 601-991-3336
F: 601-885-2137

West Point Branch

470 Commerce Street
West Point, MS 39773-7993
P: 662-494-7473
F: 662-494-6886

Crosstown Branch

1350 Concourse Avenue, Suite 115
Memphis, TN 38104
P: 901-354-7500
F: 901-354-7501

Harvester Lane Branch

3048 Harvester Lane
Memphis, TN 38127
P: 901-358-4496
F: 901-358-4518

Madison Avenue Branch

1451 Madison Avenue
Memphis, TN 38104
P: 901-721-8124
F: 901-721-8133

Ridgeway Branch

2923 Ridgeway Road
Memphis, TN 38115
P: 901-795-8980
F: 901-794-1872

Request more information

"*" indicates required fields

This field is for validation purposes and should be left unchanged.


1APY” is “Annual Percentage Yield”. Rates are subject to change. Rates effective as of 10/2/23. Fees could reduce earnings.

2Early withdrawal penalties apply to all share certificate accounts.

3Variable-rate account; rates may change after the account is opened.