In this episode of Talks at GS, Bill Bynum, chief executive officer of HOPE, joins a conversation with Asahi Pompey, global head of Corporate Engagement at Goldman Sachs, to discuss how he is addressing systemic racial and economic inequality in America’s disadvantaged communities by providing capital and promoting economic inclusion.
On credit unions' historic role in black communities: ”As a credit union, we are owned by our members. Most of our members are women and people of color, so we are accountable to them. We amplify their voices, take the lessons that we learn from them and things that they tell us are important and share them with policymakers, with bankers, with others who control resources that are vital to their economic mobility. And, from time to time, we're able to move the needle on policy. I think that that has – is – one of the things that sets Hope apart is that we are anchored in these communities and owned by the people who live there.”
The episode was recorded on July 15, 2021.