Henry introduced Mayor Rod Perkins of Kindersley to say a few words to the folks in attendance. He noted that the branch also put on a previous event where a total of 300 children were fed in a span of less than 10 minutes. He also thanked the branch’s staff, local board members and advisors, and the organizing committee for the credit union’s 75th anniversary celebration in Kindersley. Shaun Henry, the branch manager in Kindersley, welcomed people to the event and thanked everyone for getting out over their lunch hour. The staff served a beef-on-a-bun lunch to people in attendance and a short presentation was made to recognize the credit union’s history, members and presidents. The local Synergy CU branch in Kindersley hosted a 75th anniversary celebration on June 15. In 2021, Bynum received the 26th Annual Heinz Award for the Economy.Ron Lamont (left) and Don McTaggart (right) of Kindersley receive a token of appreciation from Synergy Credit Union branch manager Shaun Henry at the 75th anniversary celebration on June 15 for being the longest current members of the Kindersley branch. In 2008, Bynum was awarded the University of North Carolina's Distinguished Alumnus Award. Personal life īynum married Hope Simmons in 1988. In 2020, Bynum was named to the Joe Biden presidential transition team to support transition efforts related to the Consumer Financial Protection Bureau. He's a former member of the Department of Treasury advisory boards for the Community Development Financial Institutions Fund and the Consumer Financial Protection Bureau. Other work īynum is on the board of the NAACP Legal Defense Fund and the Aspen Institute, in addition to other organizations. In June 2020, Netflix invested a $10 million deposit at HOPE to support economic development for Black communities. The credit union now has locations throughout the south, including in Tennessee, Arkansas, and Alabama and serves more than 100,000 people. HOPE expanded from Jackson to New Orleans in 2004. Eventually, the Enterprise Corporation combined with Hope Credit Union. Bynum would spend his day working at the Enterprise Corporation and his free time working on the credit union project. The goal was to create an option for people using payday loan and alternative financial services. Stallworth, MDiv, BCC had the idea to start a credit union. When Bynum joined a local church, the pastor Jeffery A. Eventually, Bynum moved to Jackson, Mississippi to manage a $1.5 million grant made to the foundation to launch the Enterprise Corporation of the Delta, an independent nonprofit organization designed to support businesses and create quality jobs in the Delta region of Arkansas, Louisiana and Mississippi. Bynum had been inspired after hearing Winter lecture in North Carolina, and found the work Winter and Penick were doing in Mississippi interesting. Penick relocated from North Carolina to Mississippi, recruited by then Mississippi governor William Winter, to launch the foundation to support economic development in the state. In 1994, Bynum was contacted by George Penick, director of the Foundation For The Mid-South. In 1989, he began working for the North Carolina Rural Center, providing microloans to low-income community members to start businesses. His desire to work in the credit union industry was inspired by Bynum's grandmother, who used to bank at a credit union which provided banking services to Black community members out of the garage of Bynum's high school principal. Career īynum eventually began working for Center for Community Self-Help, helping to build the new business with the help of a $77 loan from local manufacturing workers. Bynum considered attending law school, and was accepted to the University of North Carolina's law school, but began working for a labor organization, which instilled his interest in employment and labor rights. At the University, he was chair of the Black Student Movement. He started as journalism major and shifted to psychology and political science, earning a double major. He attended the University of North Carolina Chapel Hill. His parents were from North Carolina and when Bynum was five years old, his family left New York to return to North Carolina, settling in Bynum. Bynum was born in East Harlem in New York City. Bynum is the chief executive officer and founder of Hope Enterprise Corporation, Hope Credit Union and the Hope Policy Institute, collectively known as HOPE. Bynum is an American businessperson and philanthropist.
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