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 are most proximate to communities needs and provide responsible, flexible capital solutions that support new business starts, job creation / retention, financial acumen building and skills development, and delivery of critical goods and services to opportunity rich communities.
CDFIs stimulate the economy and is a vital segment of economic development and contributes directly to the GDP.
Our Native communities are very close knit and culturally dependent upon the community to hold those sacred ways in place. Our communities need the CDFIs as they better understand and serve the community members in a way that is critical to the success of home ownership, small business support and primarily teaching the outside world’s credit system and how it affects each member. We strive to strengthen the financial wellbeing of our communities where government and the outside world falls short.
CDFIs are extremely effective at providing access to capital and services to communities in rural and metropolitan areas, raising and leveraging private funding, to create effective solutions to meet the most challenging needs.