Enterprise Corporation of the Delta

Welcome to the Enterprise Corporation of the Delta

ECD and you

ECD, one of the nation's leading Community Development Financial Institutions (CDFIs), provides financial products and services in the states of Arkansas, Louisiana and Mississippi and the Greater Memphis area of Tennessee.

ECD works closely with Hope Community Credit Union to provide services directly to individuals around the region.

ECD also manages the Mississippi Economic Policy Center (MEPC). The MEPC engages in rigorous, accessible and timely analysis to inform the policy debate on issues that affect the economic and social well-being of working families and low-wealth Mississippians.

Please feel free to contact us if you have any questions or if we can assist you in any way.

Hurricane Katrina Information

ECD has recovered from hurricane Katrina and has resumed normal operations. Our loan servicing operations continue uninterrupted and our staff is available to assist anyone who may have been affected by the disaster. If you have any questions about the status of your loan or need to discuss any effect the recent severe weather may have had on you or your business, please contact your ECD loan officer.

Highlights

Home Again Places Final Modular Homes
(PASS CHRISTIAN, MISS)--In the wake of Hurricane Katrina, residents of the Gulf Coast were left with the daunting task of rebuilding their lives and their homes. Today, 64 families who were facing significant housing challenges are in quality new homes through the work of Home Again, a subsidiary of ECD/HOPE. -more-

HOPE Helps Local Residents Take Advantage of Valuable Tax Credit
Jackson, Miss.--People who work but dont earn a lot of money may be eligible for the Earned Income Tax Credit (EITC), as well as free help preparing their tax return. HOPE (Hope Community Credit Union), in participation with the IRSs Volunteer Income Tax Assistance (VITA) program, will help local residents take advantage of the EITC on January 31st. The last day in January is designated as EITC Awareness Day, a nationwide effort to increase public awareness about EITC and free tax preparation sites. -more-

ECD-HOPE Brings Affordable Small Business Financing To More Areas with New Itta Bena Office
(Itta Bena, MS, October 31, 2007)For more than a decade, small businesses, homebuyers, and community development projects in the Mississippi Delta have had access to financial services from ECD/HOPE (Enterprise Corporation of the Delta/Hope Community Credit Union). This nonprofit community development organization specializes in providing affordable commercial, consumer, and mortgage loans as well as personal financial services. -more-

Proposed Child Investment Accounts Represent Important Opportunity for Mississippi Families, Boost for State Economy

Mississippi State Treasurer Tate Reeves, the Aspen Institute Initiative on Financial Security, and ECD/HOPE are exploring the creation of a $500 investment account for all children born in the state of Mississippi. This first-in-America program could mean billions of dollars in economic growth for the state while encouraging savings for college, home ownership and entrepreneurship for the next generation of children.

The unique initiative would establish child accounts under five-year public-private demonstration project. The initial endowment of $500 would be provided by the state to each newborn and additional tax-deductible contributions of up to $2,000 can be made by family, friends, churches, charities, and others each year.

It is estimated that the program would directly benefit more than 210,000 Mississippi children. Accounts would be worth an estimated $17,000 to $56,000 at the child’s 18th birthday, depending on additional deposits made over the life of the account.

See the press release.

Read the report The Case for Child Accounts in Mississippi.

You can help support ECD's work with a donation. Click on the Network for Good logo below to make a contribution online.