{"id":725065,"date":"2023-01-23T15:13:02","date_gmt":"2023-01-23T20:13:02","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/operation-hope-and-fulton-bank-partnership-generates-nearly-1-billion-in-loans-to-low-and-moderate-income-homebuyers\/"},"modified":"2023-01-23T15:13:02","modified_gmt":"2023-01-23T20:13:02","slug":"operation-hope-and-fulton-bank-partnership-generates-nearly-1-billion-in-loans-to-low-and-moderate-income-homebuyers","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/operation-hope-and-fulton-bank-partnership-generates-nearly-1-billion-in-loans-to-low-and-moderate-income-homebuyers\/","title":{"rendered":"Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers"},"content":{"rendered":"

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Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers<\/b><\/p>\n

Since 2016, Fulton Bank has made a substantial number of low- to moderate-income home loans through its partnership with Operation HOPE<\/i><\/p>\n

LANCASTER, Pa. & ATLANTA–(BUSINESS WIRE<\/a>)–
\nOperation HOPE recently recognized Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), for providing nearly $1 billion in loans to low- and moderate-income homebuyers over the past seven years.\n<\/p>\n

This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230123005683\/en\/<\/a><\/p>\n

\n\u201cWe\u2019re pleased to partner with organizations like Fulton Bank that understand the importance of home ownership in empowering our communities,\u201d said John Hope Bryant, Founder, Chairman and CEO of Operation HOPE. \u201cWe honored Fulton Bank for their commitment to increasing social mobility at our recent HOPE Global Forum, the largest gathering of its kind, dedicated to expanding financial inclusion for everyone.\u201d\n<\/p>\n

\nIn 2016, Fulton Bank began collaborating with Operation HOPE, a leading non-profit focused on financial literacy and economic inclusion. Fulton Bank participates in the Closing Cost Assistance Program, which provides grants to buyers to help with the up-front costs of purchasing a home. Fulton also sponsors Operation HOPE financial wellness coaches in six cities throughout its footprint. The coaches provide free education to consumers, focusing on improving their credit and preparing them for the financial aspects of home ownership.\n<\/p>\n

\nFulton Bank has helped facilitate more than $968 million in loans to more than 5,700 homebuyers under the Closing Cost Assistance Program, and that cumulative total is on track to hit $1 billion in loans in 2023. In addition to homebuyer loans, the bank has donated more than $8 million in grants to make purchasing a home more affordable for low and moderate-income buyers.\n<\/p>\n

\n\u201cFulton Bank\u2019s purpose is to change lives for the better, and one of the best ways we can do that is by helping people achieve the dream of homeownership,\u201d said William \u201cSmokey\u201d Glover, Executive Vice President and Director of Fair and Responsible Banking for Fulton Bank. \u201cWe are grateful for our collaboration with Operation HOPE, which enables us to provide valuable financial education along with financing. Both elements are critical to set homebuyers on a path to success.\u201d\n<\/p>\n

\nOperation HOPE recognized Fulton Bank for their ongoing collaboration at the 9th<\/sup> Annual HOPE Global Forums in Atlanta in December, which included nearly 5,000 delegates and attained more than 1 million views online.\n<\/p>\n

About Operation HOPE, Inc.<\/b><\/p>\n

\nSince 1992, Operation HOPE has been moving America from civil rights to “silver rights” with the mission of making free enterprise and capitalism work for the underserved\u2014disrupting poverty for millions of low and moderate-income youth and adults across the nation. Through its community uplift model, HOPE Inside, which received the 2016 Innovator of the Year recognition by American Banker magazine, Operation HOPE has served more than 4 million individuals and directed more than $3.2 billion in economic activity into disenfranchised communities\u2014turning check-cashing customers into banking customers, renters into homeowners, small business dreamers into small business owners, minimum wage workers into living wage consumers, and uncertain disaster victims into financially empowered disaster survivors. For more information: OperationHOPE.org<\/a>. Follow the HOPE conversation on Twitter<\/a>, Facebook<\/a> and Instagram<\/a>.\n<\/p>\n

About Fulton Bank, N.A.<\/b><\/p>\n

\nHeadquartered in Lancaster, Pa., Fulton Bank is a premier community bank in the Mid-Atlantic region. As a subsidiary of Fulton Financial Corporation, a $26 billion financial services holding company, Fulton Bank offers a broad array of products and services at more than 200 financial centers across Pennsylvania, New Jersey, Maryland, Delaware, and Virginia. At Fulton Bank, we seek to change lives for the better by building strong customer relationships, providing significant community support and empowering more than 3,300 employees to do the same. Through the Fulton Forward\u00ae<\/a> initiative, we\u2019re helping build vibrant communities. Learn more at www.FultonBank.com<\/a>. Fulton Bank, N.A., Member FDIC, Equal Housing Lender.\n<\/p>\n

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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230123005683\/en\/<\/a><\/span><\/p>\n

Operation HOPE:
\n<\/b>
Lalohni Campbell
\n
(404) 593-7145\n<\/p>\n

Fulton Bank:
\n<\/b>
Steve Trapnell
\n<\/a>
(717) 291-2739\n<\/p>\n

KEYWORDS:<\/b> United States North America Pennsylvania Georgia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Residential Building & Real Estate Construction & Property Finance Banking Professional Services Philanthropy Women Seniors Men Urban Planning Personal Finance Foundation Family Other Philanthropy Consumer<\/p>\n

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Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers Since 2016, Fulton Bank has made a substantial number of low- to moderate-income home loans through its partnership with Operation HOPE LANCASTER, Pa. & ATLANTA–(BUSINESS WIRE)– Operation HOPE recently recognized Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), for providing nearly $1 billion in loans to low- and moderate-income homebuyers over the past seven years. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230123005683\/en\/ \u201cWe\u2019re pleased to partner with organizations like Fulton Bank that understand the importance of home ownership in empowering our communities,\u201d said John Hope Bryant, Founder, Chairman and CEO of Operation HOPE. \u201cWe honored Fulton Bank … <\/p>\n

Continue reading “Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-725065","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nOperation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/operation-hope-and-fulton-bank-partnership-generates-nearly-1-billion-in-loans-to-low-and-moderate-income-homebuyers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Operation HOPE and Fulton Bank Partnership Generates Nearly $1 Billion in Loans to Low- and Moderate-Income Homebuyers Since 2016, Fulton Bank has made a substantial number of low- to moderate-income home loans through its partnership with Operation HOPE LANCASTER, Pa. & ATLANTA–(BUSINESS WIRE)– Operation HOPE recently recognized Fulton Bank, a subsidiary of Fulton Financial Corporation (NASDAQ: FULT), for providing nearly $1 billion in loans to low- and moderate-income homebuyers over the past seven years. This press release features multimedia. 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This press release features multimedia. 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