Thank you to our partners at Inclusive and CDBA for sharing data on CDFI Bank and CDFI Credit Union branch locations. In addition, about 100 of our CDFI Stories come from OFN’s story database.
The CDFI Fund generates economic opportunity in distressed rural and urban areas by leveraging private investment and expanding access to credit, capital, and financial services through the investment in and assistance to a nationwide network of Community Development Financial Institutions (CDFIs).
CDFIs have been a vital role in our community by providing low-cost capital to businesses. Capital is not readily available in the rural area I live, so it’s imperative that CDFIs continue to receive funding that helps support small businesses and continue to grow small communities.
CDFIs provide much-needed assistance to individuals and businesses in the state of South Dakota.
CDFIs are not just banks. They are lifelines. Without them, thousands of small businesses-many in overlooked neighborhoods (urban and rural) – would never get access to capital, training, and the support they need to survive, let alone thrive.