Collaboration boosts goals for HOPE’s Project 5117 and pledges for both ABA and HOPE’s Clinton Global Initiative America Commitments to Action in support of financial capability, entrepreneurship and economic empowerment
Washington – The American Bankers Association and global financial dignity leader Operation HOPE (HOPE) announced today an unprecedented new partnership fortifying the efforts of both organizations in expanding financial literacy empowerment, economic energy, and good credit for youth and adults over the next two years.
“After working to support each other’s work for years, we are excited to work collectively to take each other’s programs and initiatives to scale and implement solutions that will sustain economic recovery in the United States,” said John Hope Bryant, founder, chairman and CEO of HOPE. “We are very proud to work with the American Bankers Association to empower Americans both young and old, with a better understanding of how to take control of their financial future.”
The American Bankers Association represents banks of all sizes and charters and is the voice for the nation’s $14 trillion banking industry and its two million employees. The majority of ABA’s members are banks with less than $185 million in assets. Established by the American Bankers Association in 1997, Teach Children to Save has reached more than six million young people through the commitment of 130,500 banker volunteers. Learn more at aba.com.
Founded in 1992 and headquartered in Los Angeles, Operation HOPE promotes financial dignity through the delivery of financial inclusion and education tools to underserved communities. Through its three core divisions and HOPE Financial Dignity Forum, the organization has provided youth and adult financial literacy, economic preparedness, digital empowerment, promoted home ownership, and assisted with foreclosure prevention to more than 2 million individuals, families, and small business owners. HOPE's next phase will be 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. To learn how you can join Project 5117, go to www.operationhope.org/p5117mission or visit www.operationhope.org to learn more.
Established in 2005 by President Bill Clinton, the Clinton Global Initiative (CGI), an initiative of Bill, Hillary & Chelsea Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world’s most pressing challenges. CGI Annual Meetings have brought together more than 150 heads of state, 20 Nobel Prize laureates, and hundreds of leading CEOs, heads of foundations and NGOs, major philanthropists, and members of the media. To date, members of the CGI community have made more than 2,800 Commitments to Action, which are already improving the lives of more than 430 million people inover 180 countries. When fully funded and implemented, these commitments will be valued at $103 billion.