CDFIs and Credit Unions help people of modest means when other FI’s do not. We are the last bastion of hope in banking for the little guy.
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.
CDFIs and Credit Unions help people of modest means when other FI’s do not. We are the last bastion of hope in banking for the little guy.
As we look to the next 25 years, we remain focused on investing in entrepreneurs and communities that deserve meaningful opportunities to grow and thrive.
CDFIs are critical to increasing access to capital in communities across the country. Here at Communities Unlimited, we are filling gaps that the market cannot fill. Leveraging the CDFI Fund, we provide lending services that are critical to basic infrastructure in rural places, sparking entrepreneurship in small towns, and deploying capital to increase investment in homes and property in rural areas. Our lending portfolio includes rural and regional water and wastewater systems, small business loans for unserved entrepreneurs who cannot access a loan from a traditional bank, and consumer loans for home improvement, private wells, and private septic systems in rural places. The best part about our lending services: our clients pay them off. These are not handouts but loans. CU’s lending services, through the CDFI Fund, are critical for increasing access to capital and driving economic growth in rural places.
Kentucky Highlands provides access to capital to small businesses located in its economically distressed and persistent poverty rural Appalachian service area.